Development Blog

Archive for May, 2008

I became involved with properties in Bulgaria through a friend I met at our local gym in Bungay. He is Bulgarian and his name is Martin Dyakov, from Bourgas. I have known Martin for about two years now and trust him implicitly; he worked in the UK for about three years before returning home last spring to concentrate on our joint property venture (MG Property Developments) and other projects in association with his Dad’s family run building firm Dyakov Properties. Mr Dyakov senior has been involved in building and construction in Bulgaria for over thirty years and has a wealth of projects to his name, experience and contacts. Dyakov Properties have an office in the centre of Bourgas.

If you do fly to Bulgaria soon then Martin (or George, his colleague) would be only too pleased to collect you from the airport, arrange any accommodation you require and show you round our properties. Just let me know when you’re going and I can arrange this if you wish. Martin is also very fair and understands that you will probably want to do your own research as well and look at other properties on offer, which is fine.

Martin has many associates, including builders, architects, solicitors, and notaries, so even if you do go out of your own accord, do take time to meet him, even for an hour or two, as it could prove very beneficial from an experience point of view and even save you thousands of pounds!

Simply – location and price. Saint (Sveti) Vlas is situated at the foot of the Balkan Mountains, surrounded by picturesque scenery and a beach line totalling 15 kilometres. It is a preferred destination for holidaymakers and investors because of its winning combination of sea and mountain climate. Four kilometres north of Sunny Beach, Saint Vlas is only 25 minutes from Bourgas and around 1 hour from Varna international airports. Saint Vlas is also situated in the biggest tourist area in Bulgaria: the so called Riviera consists of Aheloi, Ravda, Sunny Beach, Saint Vlas and Elenite. It is the only resort in Bulgaria with a completely south facing sandy beach.

Saint Vlas is quieter than Sunny Beach, but is close enough to Sunny Beach to benefit from its restaurants, shops and other facilities. Property there is also much cheaper then Sunny Beach!

Saint Vlas is a fast-developing seaside settlement with a good, well-established social and technical infrastructure: it has local shops, a doctors, kindergarten, elementary school, library club and a health centre. The town is also famous for its brand new and beautiful yacht port, which is being developed close to the water base of the local fishermen. Saint Vlas is a modern beach destination, with brand new hotels and tourist facilities and a new marina (see the attached photos in the Saint Vlas.zip file).

The immediate proximity of Saint Vlas to Sunny Beach is an important factor for the ever-increasing number of investors. While you are more likely to spend a busy night life at Sunny Beach, you can get away from the hustle and bustle and relax in the quieter location of Saint Vlas – ideal for the whole family – grandparents to grandchildren!