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Hotel for Sale in Petrich, Blagoevgrad Province, Bulgaria

Hotel for Sale in Petrich, Blagoevgrad Province, Bulgaria — main photo

Operational Hotel Complex for Sale in Petrich, Blagoevgrad Province, Bulgaria

An operational hotel complex is offered for sale in the centre of Petrich, Blagoevgrad Province, Bulgaria. The total built-up area is approximately 1,050 sq. m, and the property includes a small yard.

Hotel Accommodation

  • 11 double (triple) rooms;
  • 2 apartments, each comprising two rooms.

Each room and apartment is stated to be furnished in accordance with the requirements for a three-star hotel, comprising a double bed or two separate beds, a bathroom with WC, television, refrigerator, air conditioning, telephone and wi-fi.

Restaurant and Entertainment Facilities

  • restaurant with a capacity of up to 60 persons;
  • night bar with a capacity of up to 60 persons;
  • casino.

Technical Facilities

  • gas supply installation;
  • solar panels for hot water;
  • two lifts — a passenger lift and a goods lift serving the restaurant.

Construction and Operational Status

  • the complex is stated to have been constructed in 2000;
  • a major refurbishment is stated to have been carried out in 2018;
  • the hotel is stated to be operational with a number of regular clients.

The seller states that the transaction may be structured either as a sale of the company or as a sale and purchase of the property.

Location

The property is located in the town centre. Stated distances are approximately:

  • 100 m to other restaurants and bars, and to the central town beach;
  • 5 minutes on foot to the Baba Vanga house museum;
  • 7 km to the Rupite area;
  • 20 km to the borders with Greece and North Macedonia.

Price

The stated price of the property is EUR 850,000 (BGN 1,662,455.50) excluding VAT, or EUR 1,020,000 (BGN 1,994,946.60) including VAT. The seller states that a tax credit may be available under certain conditions.

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