Black Sea
Danagro Parc can help acquire development property by the Black Sea.
Property along the Black Sea coast has doubled in value during the last 6 years.
Interest from foreign as well as local investors, keeps the price rising.
With 400 000 inhabitants, Constanta is the largest city by the Black Sea.
At the same time, it is on of Eastern Europe’s largest ports.
Mamaia, a well-known resort area, is located north of Constanta.
Resorts line the 100 km coast from Constanta to the Bulgarian border.
Local officials along the coast are committed to attracting investors.
Zoning laws are being revised, changing rural zones to allow urban development.

Prices
The price of development property varies based on several factors, one being the proximity to the sea (the closer, the more expensive the property).
Acquiring front row property in the traditional, established resort areas is difficult.
If that type of property becomes available, a price tag of 600-2 000 €/m² is not unusual, depending on the location and how much can be built on the property.
Rural zones (1-2 km from the sea) that are going to open for urban development within a couple of year, prices are as low as 10 €/m².
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