Aheloy Beach Residence

Aheloy Beach Residence is an exceptional opportunity to complete a stalled luxury beachfront resort on the Black Sea coast in Aheloy, Bulgaria. Strategically located just 15 minutes from Burgas Airport, 7 km from the UNESCO World Heritage town of Nessebar, and near the vibrant Sunny Beach resort, the project is uniquely positioned to capitalize on Bulgaria’s growing tourism market.

Investment details

• PROJECT SCOPE: 946 apartments, 75,000 m², luxury beachfront resort
• TOTAL PROJECT COST: €85 million
• INVESTMENT NEEDED (LP EQUITY): €13.75 million (25% of total project cost)
• LOAN AMOUNT: €41.25 million (75% loan-to-cost)
• LOAN TERMS: 3.5% interest rate, secured
• EXPECTED COMPLETION TIMELINE: 24-30 months from investment

The development, with a total built-up area of 75,000 square meters, is designed to feature 946 apartments, state-of-the-art amenities, and the capacity to host over 4,300 guests per week. Planned features include open-air swimming pools, a wellness center, a fitness club, children’s entertainment facilities, fine dining restaurants, retail spaces, and water sports activities—all designed to set a new standard in luxury coastal living.
The project has reached the structural shell stage, with foundations, framing, and primary infrastructure already completed. All permits and approvals are in place, reducing development risk. To complete the project, an estimated €55 million is required, covering fit-outs, MEP installations, landscaping, amenities, and contingency costs.

Financing & Investment Overview
The project anticipates financing under a 75% loan-to-cost (LTC) structure, with a secured loan of €41.25 million at a competitive 3.5% interest rate, leaving an equity investment requirement of €13.75 million. Combined with the pre-existing shell construction value of approximately €30 million, the total investment into the project will be €85 million, delivering a fully completed, world-class resort ready to generate returns.
Investors benefit from reduced construction risk, a prime location, and strong tourism demand. Aheloy Beach Residence is a unique opportunity to transform an ambitious vision into reality, offering significant upside potential and predictable returns.