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3 600 000 €

Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 1
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  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 1
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 2
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 3
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 4
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 5
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 6
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 7
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 8
  • Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m - picture 9
  • Property ID on Prian.info: 3913343
    Last update: 13.06.2024
    Number of views: 224

3 600 000 €

Hotel in Blagoevgrad, Bulgaria, 1 500 sq.m

1500 sq.m 12% per year
Citizenship Online Viewing

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  • Property ID on Prian.info: 3913343
    Last update: 13.06.2024
    Number of views: 224

Specifications

Sale price 3 600 000 €
Price per square meter 2 400 €
Floor area 1 500 sq.m
Construction phase Resale
Date of construction 2011
Number of storeys 5
Address Bulgaria, Blagoevgrad
Location in a forest, in the mountains, on the lake shore, at the ski resort
to the airport 110 kilometers
to a ski trail 50 kilometers

Additional services

  • Citizenship upon purchase
  • Online viewing is available

Finance

Profitability
Annual return 12 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 380 000 €

Annual rental revenue, excluding operating expenses

Cash flow for the year 1 800 000 €

Annual rental revenue, including operating expenses and credit, before taxes

Pay-off period 8 years

Rental income covers all the expenses in


Description

PARK Hotel (Blagoevgrad, Bulgaria)

The PARK Hotel complex is located near the city of Blagoevgrad, Bulgaria. The total area of the building is 1500 sq. m., together with the land plot - 3426 sq. m. The land is privatized, the hotel is sold together with the land plot.
The hotel is three-star (confirmed by the relevant international certificate).

The hotel complex is surrounded by a coniferous forest (Bachinovo Park) near a picturesque lake. The ski resorts of Kartala (20 km) and Bansko (50 km) are located near the hotel complex. A shuttle service to ski resorts is available from the hotel complex. There are hiking trails near the hotel.

The main premises are located on four floors:

  • on the ground floor (ground flour) there is a lobby bar (100 sq. m.), reception, five

    office space, conference room for 50-60 people;

  • on the second floor (first flour) there are 14 standard rooms, one suite, one

    family room;

  • on the third floor (second flour) there are 13 standard rooms, one suite,

    one family room;

  • on the fourth floor (third flour) there are 10 standard rooms, one suite;

  • on the fifth floor there is a recreation area - a large terrace with a lobby bar.

    The hotel has 32 rooms in total. The hotel building is equipped with an elevator for 8 people.

    The suites have two separate rooms, one of which is a bedroom. The family rooms have two separate rooms, one of which has a large double bed, the second has two separate single beds.

    All rooms are equipped with modern converter systems that work for cooling and heating.

    The main recreation areas of the hotel complex:
    summer garden for 120 people;
    winter garden for 40 people;
    restaurant (total area 345 sq.m., accommodates 200 guests, equipped with modern appliances, grill and barbecue area)

    spa sauna, hammam, Jacuzzi for 10 people; massage rooms, massage water cabins.

    Private parking for cars.
    The hotel complex is equipped with two solid fuel boilers (pellets) for 180 kW and 130 kW. The property belongs to investment projects.


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Contacts

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