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Why is it worth visiting Pomorie and what is the situation in the real estate market?

Why is it worth visiting Pomorie and what is the situation in the real estate market?

Why is it worth visiting Pomorie and what is the situation in the real estate market?
  • Why does Pomorye attract tourists with its history and health resorts?
  • What are the prospects for the real estate market in Pomorie after the economic changes?

General description of Pomorye

Pomorie is a charming town located in the Burgas region of Bulgaria on the Black Sea coast in the southeastern part of the country. Its origins can be traced back to the 5th century BC, when the Greeks named it Anchialos.

Over the centuries, the city has experienced many historical events and was under the rule of various empires such asRome and Byzantium, as well as underwent invasions by peoples such as the Goths, Slavs and Bulgarian tribes.

In the 14th century, Pomorie came under the influence of Venice, but after 117 years, control passed to the Turks. Bulgaria regained this city only at the end of the 19th century, and the new name "Pomorie" was officially adopted in 1934.

Balneological resorts

Despite being located near the sea, Pomorie's main attraction is its balneological resorts. The unique natural configuration of Pomorie, situated on a narrow rocky peninsula, contributes to the formation of salt lakes with healing properties.

Therapeutic muds obtained from the Pomorie and Small Salt Lakes, enriched with elements such as hydrogen, magnesium, chlorine, calcium, sodium, and sulfates, are actively used for the treatment of various diseases, including:

  • musculoskeletal disorders
  • nervous disorders
  • breathing problems

The sand on the beaches has a characteristic gray-brown hue due to the presence of iron and manganese, which may not always appeal to tourists, but it helps achieve a faster tan.

Transport accessibility

As for transportation accessibility, the nearest international airports for Pomorye are Burgas and Varna. Flights from Russia, especially from Moscow, operate daily from these cities.

You can get to Pomorye by taxi or bus.

  • The travel time from Burgas is about 15 minutes.
  • Travel time from Varna is approximately one and a half to two hours

For those who prefer to travel by their own car, the journey will be nearly 2000 kilometers, which will take about 26 hours, mostly through the territory of Ukraine.

The appeal of Pomorye for tourists

What makes Pomorie so attractive to tourists? First of all, it's the convenient location near international transport hubs, as well as the comfortable beach entry into the sea and the healing mud, which have contributed to the resort's growing popularity, especially among the elderly and families with children.

The wonderful climate conditions include:

  • light sea breeze
  • low precipitation
  • about 2360 hours of sunlight per year

The morning air here, before sunrise, is filled with ozone, negative ions, ultraviolet light, and iodine. Additionally, Pomorie is known for its unique mineral waters, which are sourced from significant depths, ensuring their high purity and beneficial properties.

Climate and summer temperatures

Summer temperatures in Pomorie are usually abundant in warmth, but thanks to the refreshing sea breeze, the heat is tolerated very comfortably. This creates a preventive atmosphere for vacation, allowing people to relax and enjoy every moment at this wonderful resort.

Climate conditions of Pomorie

The sea waters off the coast of Pomorie are gradually starting to cool down, creating a cozy and prolonged autumn, while the winters here, in turn, are characterized by a mild climate and minimal precipitation. Suchfavorable climateattracts tourists and real estate buyers all year round.

The real estate market in Bulgaria from 2000 to 2008.

From 2000 to 2008, the real estate market in Bulgaria experienced a real boom.boomDuring this time, the cost of housing has increased by an astonishing 300%. In response to the growing interest in Bulgarian property,construction sectorIn resort areas, development was actively taking place. However, in the case of the economic crisis that occurred in 2009, this bubble burst.

Decrease in real estate prices

In 2009, housing prices fell by 26%, and the decline continued until 2013, although the rate of decrease became less noticeable.

Market dynamics in 2014

According to Bulgaria's National Institute of Statistics, 2014 saw an increase in residential construction activity of almost 12%.

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Around 2,500 new properties were erected across the country. This rapid growth in new construction coincided with the departure of Russian investors, who had long been thethe main buyers of resort real estatein the country.

  • Many decisions about purchasing real estate have been postponed.
  • This affected the number of transactions, especially at the end of the year.
  • This marked the end of a two-year period of growth in the resort real estate market.

Results of 2014

Nevertheless, by the end of 2014,average housing costin the Burgas region increased by 4.6%, which was one of the best results in the country. The average price of apartments on the Bulgarian Black Sea coast at the end of 2014 amounted to approximately €32,550.

Structure of Pomorie

Pomorie is a small town that consists of four unique neighborhoods:

  • Old TownThe historic part with main pedestrian and shopping areas, administrative buildings, a pier, and eastern beaches.
  • St. George's QuarterAlso known as "Noviy Grad," it is famous for its namesake monastery and southern beaches.
  • Freedom QuarterIt stretches along Prince Boris I Street and includes modern high-rise buildings.
  • Small Salt Lake: the last and modern neighborhood of Pomorie, located next to the old town, is being actively built up with new projects.

Prospects for investments

This area looks promising for investments and is already attracting the attention of Russians, many of whom have recognized its appeal and started purchasing apartments.

Why is it worth visiting Pomorie and what is the situation in the real estate market?

Conclusion about Pomorie

In conclusion to the article about Pomorie, I would like to emphasize the uniqueness of this city, which, along with its rich history and resort infrastructure, offers ideal conditions for relaxation and living. As one of the most attractive places on the Black Sea coast of Bulgaria, Pomorie combines not only a mild climate and healing mud but also a historical heritage that dates back to antiquity.

The charm of the city

Traveling around this picturesque city, I couldn't help but notice the atmosphere, which perfectly combines tradition and modernity. The cozy streets of the Old Town, ancient buildings and charming waterfront create a unique entourage for tourists, while the developed infrastructure, including modern housing stock, provides comfortable living for locals and investors.

Investment opportunities

I am also pleased that Pomorie is attracting the attention of not only tourists but also investors, which has a positive impact on the real estate market. The growing interest in this region opens up new opportunities for those looking for comfortable housing by the sea or prospects for long-term investments. The variety of residential complexes and new areas, such as Malko Soleno Ezero, offers a wide range of options for selection and investment.

Why is it worth visiting Pomorie?
  • Unique climate:a mild winter and a hot, but comfortable summer.
  • Healing muds:help with a variety of ailments.
  • Historical significance:a rich past and numerous historical monuments.
  • Developed infrastructure:comfortable conditions for living and relaxation.

In conclusion, I want to say that Pomorie is not just a resort, but a place with a unique atmosphere and culture. It offers both relaxation and business opportunities, making it a remarkable destination for both Russian and international investors. I look forward to seeing how this city will develop in the future, and I am confident that Pomorie will continue to attract more and more people who appreciate the harmony of nature and history.

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