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4 Stars Hotel In The Centre Of Varna For Sale

Varna, Bulgaria
Asking Price:
€16,000,000 Furniture / Fixtures included
Sales Revenue:
Over €5M
Cash Flow:
Over €2.5M

It's open all year round.
It has 92 double rooms and 4 apartments.
Located in the commercial, administrative and cultural center of the city.
Equally suitable for leisure and business travel.
Close to all important administrative, cultural and educational buildings, museums and archaeological monuments.
A step to the Sea Garden , the beach, the pool and the sea station..
The plot is 4000 sq.m., there is a plan and a permit for reconstruction and construction from a hotel to an apartment hotel with a permitted built-up area of 32,000 sq.m. in this area, it is sold in the area of 2500-3000 euros per sq.m. Therefore , there is a good opportunity for investment , some can be sold as apartments , and the other part can be rented out as hotel rooms


P.S. the photos include photos of the project and the current appearance of the hotel

Property Information

Real Estate:

Real Property Included

Location:

prime high street location, near the sea, top place

Business Operation

Expansion Potential:

It is possible to build 32,000 sq.m. in the very center of Мarna, in the most sought-after place in the city

Contact Altai 3

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