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Spa Hotel In Kiten For Sale

Kiten, Pazardzhik
Asking Price:
$1,900,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$100K - $250K (USD)

The Spa Hotel is located in the magnificent area in Central Bulgaria, 130 km from the capital Sofia and International Airport.
Located in an established spa resort with mineral water.
The complex consists of 6 houses on two floors, designed in the architectural traditions of the old Bulgarian house. The total built-up area/ of all houses is 1958 sq.meters. Yard 4 300 sq.meters.
The main building is 905 square meters.
Inside you can find a two-floor elegant restaurant with 60 seats and fully-furnished kitchen.
The large sunny veranda outside the restaurant, the marvelous view to the swimming pool and the internal fireplace complement the incredible feeling of comfort and warmth. The two walls covered in river stones and the enormous specially-designed chandelier contribute with a romantic element to the atmosphere of a medieval castle.
The splendid twisted staircase with parapet of forged steel leads from the spa-centre to the president suite that offers a separate kitchen. There are three more separate bedrooms at the same level with fantastic bathrooms in lilac and white!
The Spa Hotel offer an enormous spa-center with steam room, sauna, small swimming pool with a jakuzzi and a waterfall, relaxing room, wine bar (suitable for a play-room or a conference hall).
The building has a central heating with automatic wood boiler which heats the external swimming pool (200 cubic meters).
Each of the halls has a separate air-conditioning system.
In the middle of the housing there is an open swimming pool 18 m / 8 m with mineral water surrounded by beautiful green areas.
The tennis court with night lightening and red ground in addition to the luxury and comfort at the residency.
If necessary, the court can easily be transformed into a helicopter ground.
Apart from the main building, there are five more individual buildings, one of which with a total size of 245 square meters. It has an amazing bedroom and a living room with view to the swimming pool, dining room, kitchen and two more bedrooms, suitable for families with children.
The other four buildings are 202 square meters of gross floor area. Each of them contains a spacious living room with a wonderful view to the swimming pool, a fireplace and furnished kitchens and dining rooms.
The internal wooden staircase leads to the cozy bedrooms at the second floor, each of which with a separate sanitary room and a terrace. The building is surrounded by a massive stone fence. All buildings are extremely luxurious. The kitchen furniture includes fridges, ovens with ceramic hobs and utensils. The houses are fully furnished, including subtle beddings, gowns and covers. Own system clock video monitoring, internet and the latest generation LED TV receivers.
This heavenly place can be your new home or the place where you rest with friends!
Velingrad is located in the extremely picturesque Chepino Valley at an altitude of 765m in the heart of the Rhodopa Mountain. According to the legend, this is where Orpheus and Dionysius resided, whose temple Alexander the Great and Octavian August attended to receive predictions about the outcome of their crusade against the Thracians. Located also here is the karst spring Kleptuza which has formed a beautiful pond.
Yet the true wealth of The Spa Hotel is its mineral water, suitable for treatment of different diseases. The total capacity of the mineral waters is 170l/sec. – one of the highest in Europe! The mineral water is popular from ancient times. An important characteristic of the water is the presence of radon (Rn) that has healing property. The mineral water is used for treatment and prevention of respiratory diseases, diseases of the loco-motor system, gynecologic problems as well as endocrine and skin diseases. Furthermore, it has an extremely beneficial impact with respect to neurologic, kidney, gastrointestinal, liver as well as cardio-vascular diseases.
Main advantages:
• Located 130 km. from Sofia Airport and 80 km. from Plovdiv Airport;
• Year-round use of the complex;
• Adjacent excellent conditions for sport and recreation;
• Located in an established spa resort with mineral water;

Property information

Real Estate:

Real Property Included

Living Accommodation:

6 houses with 40 beds

Location:

The Spa Hotel is located in the magnificent area in Central Bulgaria, 130 km from the capital Sofia and International Airport.
The complex consists of 6 houses on two floors, designed in the architectural traditions of the old Bulgarian house. The total built-up area/ of all houses is 1958 sq.meters. Yard 4 300 sq.meters.

Premises Details:

The Spa Hotel is located in the magnificent area in Central Bulgaria, 130 km from the capital Sofia and International Airport.
The complex consists of 6 houses on two floors, designed in the architectural traditions of the old Bulgarian house. The total built-up area/ of all houses is 1958 sq.meters. Yard 4 300 sq.meters.
The main building is 905 square meters.
Inside you can find a two-floor elegant restaurant with 60 seats and fully-furnished kitchen.The Spa Hotel offer an enormous spa-center with steam room, sauna, small swimming pool with a jakuzzi and a waterfall, relaxing room, wine bar (suitable for a play-room or a conference hall).
The building has a central heating with automatic wood boiler which heats the external swimming pool (200 cubic meters).
Each of the halls has a separate air-conditioning system.
In the middle of the housing there is an open Swimming pool 18 m / 8 m with mineral water surrounded by beautiful green areas.

Planning Consent:

All necessary Planning permission.

Business Operation

Expansion Potential:

Operational growth potential and expansion available in the future.

Competition / Market:

Wonerful opportunity to purchase not only an impressive real estate - 6 houses & yeard, but also a storied brand with potential to grow.
The Spa Hotel may become part of bigger brand or a new flagship.

Reasons for selling:

Retirement

Trading hours:

24/7

Employees:
6
Years established:
2011

Other Information

Support & training:

Full support for prospective buyer

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$90,000 (USD) - included in the asking price
Related Documents:
Home based:
This business can be run from home.

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