Rapid construction of hotels and apartments for sale in the biggest seaside resort Sunny Beach began to give a negative impact. Tour operators, hotels, real estate agencies and banks constrainedly reported oversupply of beds and withdrawal of tourists. For the first time the business is facing the prospect of a decline in the prices of accommodation and property, and banks away from lending in Sunny Beach. Similar trends were present known on the Bulgarian Black Sea coast.
Entrepreneurs are intimidated by the looming problems with power, water and sanitation, whose capacities have been exhausted and there is a real danger tourists this summer to face current regime and water. Warned about this two days ago and the Deputy Minister of Regional Development and Public Works Savin Kovachev.
Two weeks before the official start of the season in Sunny Beach is dominated by mountains of concrete, protruding scaffolding and cranes, and thousands of workers are at variance with the trucks and dust in the chambers of construction waste. The town is even on the beach. Parts of the northern beach are excavated and poured concrete for the construction of restaurants and mini golf course. In southern Gaza on the sand and dunes rising six-storey complex with apartments and offices for sale.
In general opinion, even when it all ended, the aesthetics of the resort will remain highly controversial because of the strange architectural decisions and oppressive megalomanshtina.
According to information from the resort owners in the beds of this season will exceed 50 thousand. Only in the eastern part, near the beach in time to build a total of 25 new sites which have already been put up for sale about 2000 new apartments. Over 3000 is even quoted in the western area which is furthest from the beach. Set to oversupply of hotel beds.
"That brought prices and four-star hotels are starting to offer as a star", said Calin Sutev from "They was the EU," the representation of Germany in our tour operator ITS. According to him, there is a risk after stopping the construction of new sites most of them remain empty because overbuilding will lead to outflow of tourists. Hoteliers and tour operators say that the prices of one-day package with full board accommodation (breakfast, lunch and dinner) for the start of the new summer season, fell to 12 euros in three and even four-star hotels.
Continuing construction in Sunny Beach has repels tourists mostly for early summer. Large European concerns, TUI and Thomas Cook recently reported a decrease from 11 to 17 percent in the record of Germany to market the new season in Bulgaria, outflow is mainly for the month of May. Kalin Sutev also announced that bookings for ITS are worst for the coming month, and most hotels have already announced special discounts to be able to fill the bases. "With low prices podlazhem tourists will come, but then again complained about the construction and wade in the mud, however, he believes.
"Travel agents are also partly to blame for the situation because we finance hotel and expect construction to be completed in six months, which actually does not happen in recent years," said Bogdan Hristov, Manager of Hotelbeds "which is the representation of British tour operators' First Choice "and" Cosmos ". In plants of both companies to decide whether to remove all tourists from Sunny Beach in May. We already have many reservations canceled by now discuss how to mitigate the impact and where to move the foreigners said Bogdan Hristov.
Prices will not fall because tour operators and hoteliers because it wanted to fill the bases and proposals for downloading them come by themselves, said Hristo Kolev, manager of Elite Tours, which concern the representation of Thomas Cook. However there is still no danger to tourists come, Kolev added. By the tour operator also have fewer reservations for May and were forced to warn visitors recorded for the continued construction.
Predicted this situation two years ago, said hotelier Stefan Christoff, who will then sell its hotel Plains II "at the end of last season, broke down" Clear "and in its place is currently building a complex with apartments for sale. Thus definitively retire from the resort and are directed to a highway, "said Christoff. According to him already and oversupply of apartments in Sunny Beach and offers much of the western part of the complex remains unrealized.
"Immediately sell the hotel if I find suitable buyers, to offer me a good price," said Ognian Sapunov, proprietor of the Hotel Delta and Delta Beach in Sunny Beach. In his words, however, there are not many candidates. The resort is already one concrete city and the prices will start to fall. Even more frightening is that in a bad season, banks will become owners of half of Sunny Beach, says Sapunov. The owner of the hotel "Anchor" Venelin Tashev also announced that it tries to sell his base. "I want to run away from Sunny Beach, which became a city," he added. According to him there only to future owners of the objects on the first line to the beach, which will remain expensive.
Brokers from real estate agencies also believe that housing prices in the resort will follow different trends. Some of them have already reported a decline in certain areas, and all agree that Sunny Beach has to be seen as a town with prospects and losers "neighborhoods". Prices range from 600 to 1500 euro / sq.m and depend on the location of the complex and infrastructure, said Dobromir Ganev, manager of the agency "Foros", and head of the Varna office of the National Real Property Association (NRPA). Overall, housing in the east are more expensive than those in the west, where further and no view to the sea, said Rumyana Georgieva, manager of Infomaks and head of the Bourgas office of NRPA.