The price of square meter farm land with the opportunity to change its statute in the Kranevo region is between 100 and 150 euro. In the Kavarna region well-off people can buy property at a price between 20 thousand and 40 thousand levs.
A lot of property and land are becoming desolate because of the decreased interest. 7000 square meters of land with changed statute between Balchik and Kavarna at a price of 3 million euro remains unsold. The biggest interest in seaside resorts in Bulgaria show Russians. The foreigners' enthusiasm for a house in Bulgaria, however, is not as great as before, brokers claim.
As a rule foreigners cannot buy land in Bulgaria until 2014. In fact they are buying a house and in case they have a registered firm here they can also buy the land.
