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Hotel for Sale in Kiten, Burgas Province, Bulgaria — 2,400 m²

Hotel for Sale in Kiten, Burgas Province, Bulgaria — 2,400 m² — main photo

Former Holiday Complex for Sale in Kiten, Burgas Province, Bulgaria

A hotel property is offered for sale in Kiten, Burgas Province, Bulgaria, situated above Atliman Beach on the Primorsko road, above the Atliman campsite. The property is stated to have formerly operated as a holiday station of the Construction Troops.

Regulatory and Category Status

  • regulated land plot UPI VIII-316, quarter 362, designated for hotel use;
  • categorisation stated as two-star holiday station;
  • 150 beds.

Facilities

  • large kitchen and restaurant;
  • large café and club;
  • spacious reception with an adjoining hall;
  • dedicated electrical substation located within one of the buildings.

Buildings

The buildings forming the subject of the sale are stated to be identified in the cadastral register as follows:

  • 37023.501.954.1 — approximately 156 sq. m; 3 floors;
  • 37023.501.954.2 — approximately 647 sq. m; 2 floors;
  • 37023.501.954.3 — approximately 202 sq. m; 2 floors;
  • 37023.501.954.4 — approximately 79 sq. m; 1 floor;
  • 37023.501.954.5 — approximately 65 sq. m; 2 floors.

Land and Ownership Status

The seller states that, by Order No. 811 of 23 October 2024 of the Mayor of Primorsko Municipality, part of the land plot with identifier 37023.501.11 was expropriated, and the vendor company and the State, acting through the Regional Governor of Burgas Province, were determined as the owners of regulated land plot UPI VIII, designated for hotel use, quarter 62, with an area of approximately 12,497 sq. m under the detailed development plan of Kiten approved by Order No. 579 of 19 December 2002 of the Mayor of Primorsko Municipality, bearing project identifier 37023.501.954.

The vendor company is accordingly stated to hold 34.16% ideal parts of the said regulated land plot, corresponding to approximately 4,269 sq. m of the plot in ideal parts.

The remainder of the land is stated to be private State property and to be capable of purchase from Burgas Province without tender at market valuation, but not below the tax valuation, which is stated to be approximately BGN 30 per sq. m.

Development Potential

The seller states that the flat roof permits the construction of a photovoltaic installation of up to 600 kW for own consumption and for the sale of electricity.

Commission

The listing states that no commission is payable by the purchaser.

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