DINEVI RESORT is an investment proposal by Dinevi Group, Bulgaria’s leading developer in the premium real estate segment. The company has successfully developed the large-scale Dinevi Resort project on the Black Sea coast in the town of Sveti Vlas.
All assets within Dinevi Resort are company-owned, unencumbered, and fully prepared for further development.
Current Investment Opportunities:
VENID ECO VILLAGE – A large-scale project in a nature reserve
- Total area: 50,533 sq.m
- Location: Two scenic hills (Eastern and Western sectors) in the “Kasada” area with panoramic sea and mountain views
- Current stage: Construction ongoing in the Eastern sector (25,266 sq.m)
- Investor opportunity: Co-development of the Western sector (25,267 sq.m) – Object No. 5
As of March 2025 (Eastern sector):
- 42 homes built, 26 sold
- Total of 58 homes planned
- Completion expected by September 1, 2026
The project is open to investor-driven architectural formats, including number of stories, house types, and layout.
New Development Plots within DINEVI RESORT (marked Object No. 1–5 on the site plan):
- Object No. 1: 9,000 sq.m GFA
- Objects No. 2, 3: 5,000 sq.m GFA each (option for a combined 10,000 sq.m)
- Object No. 4: 3,000 sq.m GFA
- Object No. 5: 25,000 sq.m GFA (Western part of Venid Eco Village)
All properties may be developed as apart-hotels or residential complexes with flexible architectural concepts to be agreed upon with the investor.
MARKET AND COMPETITIVE ADVANTAGES
- There are no comparable developments to Venid Eco Village in the region in terms of location or construction quality.
- Current competitors include two under-construction apartment complexes by lesser-known developers located farther from the coast, with limited market trust.
- Prices in such projects are 15–20% lower, but demand is significantly weaker.
MARKET OUTLOOK (Prian data):
- Resort real estate prices in Bulgaria increased by up to 30% in one year
- Sveti Vlas pricing: €1,700–3,000/sq.m
- Key buyers: Ukrainians, Poles, Bulgarians, Germans, Czechs
- Bulgaria’s planned entry into the eurozone by 2026 is expected to further stimulate price growth
EXAMPLE OF PRICE GROWTH (Venid Eco Village):
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2022 Launch Price: €1,800 per sq.m (construction cost: €1,100 per sq.m)
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March 2025 Prices:
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Under-construction homes: €2,300 per sq.m
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Completed, without finishing: €3,000 per sq.m
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Completed, with finishing: €3,360 per sq.m
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PROJECT EXAMPLE: ETARA 4
- Start: 2021 – Cost: €800/sq.m
- 2022 Sale Price: €1,200
- 2023: €1,400
- Completion: July 2024 – €1,600–1,700
- March 2025: €1,800/sq.m (10 of 169 units unsold)
Investment Case: Entry in 2021 with purchase of 1,000 sq.m at €800/sq.m
- Total investment: €800,000
- Sale price 2024–2025: €1,700/sq.m
- Revenue: €1,700,000
- Profit: €900,000
- ROI: 112.5% over 3 years (~37.5% annually)
INVESTMENT FORMATS
- Co-development with proportional profit sharing
- Bulk purchase during excavation stage with guaranteed returns
- Purchase of apartments for resale or rental purposes
Terms and levels of involvement are flexible and discussed individually based on investment size and architectural vision.
Minimum investment amount: €500,000
OPEN FOR NEGOTIATION
We are open to discussing specific proposals, architectural concepts, and partnership formats. Upon request, we will provide:
- Financial model
- Profit projections and ROI timeline
- Risk analysis and exit strategies
- Additional documentation and materials
