House for Sale in Sofia, Studentski grad
Operating 44-Room Hotel Building with Expansion Potential in Studentski Grad for Sale in Sofia, Sofia City Province, Bulgaria
An undervalued investment opportunity: an operating hotel in Studentski Grad, offered at roughly the cost of new construction. The detached building has a total built-up area of 2,580 sq. m, with 44 rooms and apartments, 2 lifts and 20 parking spaces, at about €1,357 per sq. m, below the market level for the area.
Layout: the basement houses a breakfast restaurant, a professional kitchen, technical rooms, changing rooms and bathrooms, and a conference room. The ground floor has a reception, a lobby bar with garden, a conference room and about 250 sq. m of retail or restaurant space. Five upper floors hold the 44 rooms and apartments.
The location is in constant demand, the building is flexible in use and requires minimal conversion costs. High-return scenarios include a dormitory for 250-300 people, an apart-hotel or long-term accommodation with stable monthly income, or a medical centre or clinic. An adjacent plot allows a new 800 sq. m wing and is available for €300,000 excluding VAT. Suitable for investors, funds, hotel operators and medical groups. A buyer’s commission of 3% applies.
Property Details
- type: operating hotel, detached building;
- total built-up area: 2,580 sq. m;
- 44 rooms and apartments over 5 upper floors;
- restaurant, professional kitchen, 2 conference rooms, lobby bar with garden;
- retail or restaurant space: about 250 sq. m;
- 2 lifts, 20 parking spaces;
- option to add an 800 sq. m wing on the adjacent plot (€300,000 excl. VAT);
- price: €3,500,000.