House for Sale in Elin Pelin, Sofia Province

Operating Guest House with 21 Rooms for Sale in Elin Pelin, Sofia Province, Bulgaria

An operating guest house business in the town of Elin Pelin. The municipality is in the central part of Sofia Province, between the Trakia and Hemus motorways, 20 km from Sofia Airport, and is one of the fastest-growing in the region, home to the logistics bases of most major retail chains and many industrial companies. The property is a profitable, functioning business with constant occupancy, valued by a licensed appraiser at €782,200.

The plot is 570 sq. m. The main building has a basement and three floors with a total area of 693.80 sq. m, plus another 104.39 sq. m building in the yard. In total there are 21 rooms with two, three and four beds, sleeping 63. Each room has a private bathroom, air conditioning, five-chamber PVC joinery, a TV and orthopaedic mattresses, and some have terraces. Each floor has a separate electricity supply, so floors can be let separately on long-term contracts to companies housing workers in the municipality; the business currently works with over 150 companies. The building could easily be converted into a care home for the elderly.

VAT will be discussed on purchase: half of the property is owned by a company (VAT applies) and half by a private individual.

Property Details

• type: guest house / workers’ accommodation;
• total area: 693.80 sq. m + 104.39 sq. m outbuilding;
• plot: 570 sq. m;
• rooms: 21 (63 beds), each with bathroom;
• operating business;
• appraised value: €782,200;
• price: €890,000.