Hotel for Sale in Dospat, Smolyan Province, Bulgaria — 1,790 m²

Hotel Property Offered for Sale by a Financial Institution in Dospat, Smolyan Province, Bulgaria

The property is offered for sale by a banking institution disposing of an asset held in its own ownership. The property is located at 1 Orfey Street, Dospat, Smolyan Province, Bulgaria.

Land

The property comprises a land plot with cadastral identifier 23025.502.35, having an area of approximately 1,578 sq. m.

Buildings

The following buildings are constructed on the plot:

  • building with identifier 23025.502.35.1, built-up area approximately 393 sq. m, comprising 4 floors, a basement and an attic floor, designated use: hotel;
  • building with identifier 23025.502.35.2, built-up area approximately 59 sq. m, ancillary construction;
  • building with identifier 23025.502.35.3, built-up area approximately 134 sq. m, garages;
  • building with identifier 23025.502.35.4, built-up area approximately 25 sq. m, garage.

Price and Tax Status

The price stated is an indicative offer price exclusive of VAT. The final sale price will be determined on the basis of the offers received from prospective purchasers.

VAT of approximately EUR 4,400 is stated to be chargeable only on the value of the non-appurtenant land in accordance with the Bulgarian Value Added Tax Act, unless the purchaser elects for the entire transaction to be subject to VAT.

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