The Republic of Bulgaria, located in south-eastern Europe and sharing borders with Greece and Turkey among others is on its way to turn into the Riviera on the Balkans. With its continental climate Bulgaria attracts Summer tourists with its beautiful and unspoilt white beaches along the Black Sea coast and Bulgaria’s long hot summers.
Winter tourists are drawn to Bulgaria's stunning mountains and fast developing winter sports resorts along with the other attractions Bulgaria can offer-preserved rural areas, beautiful countrysides, minimum urbanization, thousand years of history. Thanks to its southern location the region of Burgas is especially pleasant. Also, within less than a thirty minute drive from Burgas are the popular holiday destinations of Sunny Beach, St.Vlas, Sozopol, Primorsko, and Nessebar. Other areas covered are Bansko and Sofia.
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Balchik is a town and seaside resort on the Bulgarian Black Sea Coast in the Southern Dobruja area of northeastern Bulgaria, known for its rich history, scenic landscapes, and the popular Balchik Palace, which was once a summer residence for Romanian royalty.
Over the years, Balchik has developed into an attractive location for real estate investments, especially for those seeking properties near the sea and nature. It sprawls scenically along hilly terraces descending from the Dobruja plateau to the sea, and is often called "The White City" because of its white cliffs.
Given Balchik's popularity as a tourist destination, there are opportunities to invest in tourist rental properties. Guesthouses or small hotels cater to tourists visiting the area, especially during the summer months.
Prices in Balchik are generally more affordable compared to larger Bulgarian cities like Varna or Sofia, but they can still vary significantly based on location, proximity to the sea, and the type of property.
