Reference Nº

For sale Amazing property situated on a dramatic cliff side overlooking the Black Sea

3,900,000 EUR Ref G0064


Amazing property situated on a dramatic cliff side overlooking the Black Sea. One of the best plots in Kavarna District (Balarevo Village) with spectacular view to cape Kaliakra. Cape Kaliakra comprises a protected spectacular nature reserve, set on a craggy peninsula, considered one of Europe's most beautiful. The area is calm, remote, well preserved, popular with beautiful nature and beaches. It is appropriate for relaxing vacations and at the same time is pretty close to Varna (appx 60km), Varna Airport & Balchik Airport (appx 17km).

You can easily see the property boarders (please check blue fences). 

All photos have been made in Dec 2020 and reflect the real condition of the property. The first picture is a visualization (it can show you how the project will look like in Oct 2021 once the interior of the Stone building is ready).

The property contains the following buildings and specifics (you can easily understand where is located each building by checking the 2nd photo)

Plot - 12,884m²

1.      Guest house - 85m². The guest house is located close to a vineyard. It has 2 bedrooms and a living room. Built and ready for use since summer 2020

2.      Wooden building - total built-up area of 358m². 8m heigh, it can be transformed into Wedding Venue or Yoga retreat center. Built and ready for use since 2017

3.      Wooden Guest House - total built-up area of 145m² - One floor wooden construction, it has 1 living room and 1 bedroom. The building is ready for use since 2017

4.      Two floor Hotel - 3 Wing building, built to the highest standards. It has been used old handcrafted technology from 16th century for the interior and exterior which is entirely built by cut stones. The hotel has a total built-up area of 1,130m². The interior is in process of construction and will be 100% ready in October 2021. The Hotel accommodation contains 9 studios and 3 apartments, with full capacity around 30 people. Each studio has unique seaside view. The Hotel has two restaurants, lobby bar, few storage rooms, swimming pool, large terrace with beautiful seaside view

5.      Guardhouse - 47m² - situated at the main entrance. Built since 2017.

The property has local water source, electricity, internet, local eco heat system and access to the beach area with crystal clear water, all constructions made by eco-friendly sustainable materials.

Cliff height appx 69 -70m

The total price of 3,900,000 Euros is for all Buildings and the entire Plot. There is an option for sell right away before the Hotel interior completion (Negotiable as an option).
Directly from the owner – open for comments / negotiable   


Price in Euros:
3,900,000 EUR
Price in US Dollars:
4,382,022 USD
Property type:
Investment type:
For sale
Hotel area:
1620 m²
Plot area:
12884 m²


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Reference G0064
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