Property Description
This hotel for sale is a prime investment opportunity located just 50 meters from the beach and 300 meters from the marina - Marina Dinevi in the picturesque town of Sveti Vlas, Bulgaria.The hotel is a fully operational business that has been impeccably maintained in terms of its material base and boasts a steady clientele.
The hotel has undergone several construction stages, including a new wing and partial renovation in 2007-2008, and a 4th floor and partial renovation in 2013-2014.
With its prime location, this hotel is a guaranteed source of yield and a store of value effect.
Furthermore, the property offers potential for development, such as the opportunity to create a restaurant in front of the hotel, which would be situated on one of the busiest shopping streets in the city, attracting a constant flow of people leading to the port and the beach.
The distribution of square footage in the site is as follows:
The total gross floor area of the hotel part: 1,395 sq/m
Shops - 41 sq/m
Swimming pool - 135 sq/m
Restaurant/ summer bistro - 110 sq/m
Possibility of building a restaurant in front of the hotel - 100 sq/m open area
Common parts: Sanitary facilities, staff rooms, and boiler room = 1,395 sq/m
Total: 3 076 sq/m
This property is being offered for sale by the owner, guaranteeing a streamlined and efficient buying process. Don't miss out on this exceptional investment opportunity in the beautiful town of Sveti Vlas.
Additional Details
- Living Space 1 395 m2
- Lot Size 3 076 m2
- Furnished Yes
- Garage No
- Central Heating No
- Air Conditioning Yes
- Garden Yes
- Pool Yes