Vlas Apartments
Vlas is only 5 km away from the main Bulgarian beach resort of Sunny Beach and used to be a small sleepy village. However, the real estate boom of the last few years has transformed it utterly. If one counts the overall number of hotels and holiday apartments that were built in the last few years, now Vlas is probably the second largest beach resort in Bulgaria. Vlas officially became a town with its own municipality only a couple of years ago. Last year it added the first yacht marina on the Bulgarian Black Sea coast that is frequented by who-is-who of the Bulgarian elite. All in all, Vlas has become one of the ritziest destinations on the beach, with many hotel offers and an equal, if not greater, number of holiday apartments. A recent report summarizing what is available has come up with the following findings:
1. Vlas has the second largest offering of holiday apartments on the Bulgarian Black Sea coast with 34 percent of the market, just bellow Sunny Beach which accounts for 39 percent. In fact, 20 percent of all holiday apartments available for rent in Bulgaria are in Vlas.
2. One bedroom apartments are by far the dominant category in terms of the type of Vlas apartments available for rent. These apartments represent more than half, 54 percent, of all offers, and are followed by two bedroom apartments that account for another 37 percent.
3. One bedroom apartments range in price from 313 euro per week in the high season to 250 euro per week in the middle season.
4. Two bedroom apartments range in price from 427 euro per week in the high season to 344 euro per week in the middle season.
5. Studios range in price from 165 euro per week in the high season to 147 euro per week in the middle season.
6. The level of prices in Vlas is almost identical to the prices in Sunny Beach and are a bit higher than in Nessebar or Varna, two destinations frequented mostly by Bulgarian rather than international tourists.
The full report is available at Vlas hotels (or at свети влас хотел for the Bulgarian version).
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