Which parts of the Black Sea coast offer the most intensive supply of hotels for sale?
The volume of investments poured into construction activities along the Black Sea and particularly in the construction of hotels grew tremendously over the last few years. Our resorts turned into cities of concrete, where the greenery is the most visible absence. Now a big part of these hotels have been offered for sale and supply considerably outweighs demand. About 70% of the offers of hotels for sale come from the overconstructed coastline of the Southern Black Sea, twice as many as those in the north. Most of these hotels are located on the periphery of resort complexes and the cities, but lately there have emerged some offers for hotels located on the first and second beach line. Data of Foros real estate agency shows that supply of properties for sale is abundant on the Southern Black Sea coast, particularly at the resorts of Sveti Vlas, Sunny Beach, Ravda, Nessebar, which account for 45% of all offers of hotels for sale. Buyers can also find good sale offers for hotels located i
