Panoramic Sea-View Residence | Mellia Park 10, Ravda
€122,000
Key Features
Bedrooms
2
Bathrooms
1
Area
91 m²
Type
apartment
Description
This is not simply a sea-view apartment — this is a structured coastal investment asset in one of Bulgaria’s most liquid Black Sea micro-markets.
Located on the top floor of Mellia Park 10, just steps from Ravda central beach, this 91 m² residence offers a near 360° panoramic sea exposure covering Ravda and Nessebar coastline. Large 28 m² terrace significantly increases rental attractiveness and resale premium.
INVESTMENT METRICS:
- Purchase price: €120,000
- Estimated high-season rent: €100–130/night
- 90-day conservative summer occupancy: ~€10,000–11,000 gross
- Mid-season & shoulder bookings: €4,000–6,000
- Estimated annual short-term rental income: €14,000–17,000
- Projected gross yield: 11–14%
Long-term rental alternative:
- €800–950/month annual contract
- ~8–9% gross yield
Annual maintenance: only 7 EUR/m² — among the lowest on the Southern Black Sea coast.
Why this asset works:
- Prime beach proximity (liquidity factor)
- Top-floor panoramic exposure (scarcity premium)
- Low holding costs
- Strong demand from EU tourists (Romania, Poland, Germany, Czech Republic)
- Bulgaria in Schengen + Eurozone trajectory = structural capital appreciation
5-year projection (conservative 5% appreciation annually): ~€33,000 capital growth potential + rental income.
This property fits three strategies:
- Short-term rental cash-flow model
- Hybrid use (personal + income)
- Medium-term capital appreciation in EU coastal market
A European gateway asset combining lifestyle positioning with measurable ROI.