Hotel for Sale in Alen Mak, Varna, Bulgaria — 1,500 m²

Hotel and Holiday Station Building for Sale in the Alen Mak Locality, Varna, Bulgaria

A hotel / holiday station building is offered for sale in the Alen Mak locality, Varna, Bulgaria. The property is stated to enjoy sea and forest views and to be situated in a quiet location surrounded by greenery.

Areas and Legal Status

• net area of the property according to the documents: approximately 1,184 sq. m;
• area according to an expert valuation, including the terraces: approximately 1,500 sq. m;
• roof terrace of approximately 300 sq. m in addition.

The seller states that the property is constructed upon state-owned land of approximately 1,700 sq. m, which may be used by the owner of the hotel or purchased from the State.

Property Configuration

The hotel is arranged over four floors and contains 25 rooms, distributed as follows:

• first floor: restaurant with bar and toilets, large kitchen with dishwashing area and multiple storage rooms, one room with bathroom and toilet, boiler room and sanitary premises, and a hall suitable for games or training use;
• second floor: reception and 7 rooms with bathrooms and toilets;
• third floor: 8 rooms with bathrooms and toilets;
• fourth floor: 8 rooms with bathrooms and toilets.

The roof is accessed by the staircase and forms a terrace extending over the whole of the building.

Documentation and Condition

The seller states that certified architectural and structural designs are held. The building was constructed in 1984 and is stated to require substantial renovation at present.

Permitted Use

The seller states that the property is suitable for use as a care home for the elderly, sanatorium, rehabilitation clinic, retreat centre or private school, subject to the applicable regulatory requirements.