Hotel in Byala, Bulgaria, 9 727 sq.m

Real estate for investment! ID 14244. We present to your attention a panoramic apartment complex on the first line of the sea.
The building was built on the Black Sea coast of Bulgaria, in the city of Byala, which is known for its long beach strip, fine golden sand and the absence of industrial enterprises. The city of Byala is located at the same distance from the two largest sea cities of Bulgaria, Varna and Burgas. At a distance of 50 km. two international airports, railway stations, bus stations and dozens of small and large yachts, cargo and passenger ports operate from the complex year-round.
The building is located 500 meters from the international road E78, which connects 5 countries within a radius of 300 km - Turkey, Greece, Romania, Moldova and Ukraine.

The property includes a building, a plot, architectural projects and all necessary documents and permits. A sprawling built-up area of 9727 sq.m., with its own land of 6,000 sq.m. just 10 meters from the seashore. The building is at the stage of rough construction, all internal and external walls have been erected. Act 14 was received and the building was entered into the official registers of the National Agency of Cartography and Cadastre. Infrastructure - electricity, drinking water and sewage for sewage are located on the site or border it. The building and the land are for sale together.
About the investment:
The built complex is intended to function as a hotel and/or for the sale of resort apartments. The existing apartments have an area of 37 sq.m. to 262 sq.m. When reducing the area of large apartments, the number of dwellings may increase by 129. The building also has underground parking, a restaurant, a bar, a winter garden, a swimming pool, shopping facilities, a spa center, a fitness center, a medical office.
Destiny:
The purpose of the object (hotel / apart-hotel) can be easily changed in compliance with all regulatory requirements and turned into:
-sanatorium - thanks to the health-improving climate, the air saturated with iodine and ozone, silence and abundance of sunny days;
-nursing home - residents of Varna and Burgas, working in the shipping industry and absent from the country for a long time, would show interest in this service for their parents;
-a building for post-hospital treatment - the hospitals of Varna and Burgas are in dire need of such institutions;
-recreation center for enterprises.
Advantages of the building:
1. Location
-first line -10 m from the shore; sea panorama from all apartments;
-in close proximity to the world natural attraction "White Rocks" (only three such in the world)
-in the vicinity of a functioning marina for boats and small yachts;
- 2.7 km from the restored and restored ancient cities.
2. Execution of the building
- modern architecture;
- high-quality construction using first-class materials (Wienerberger brick, Wurth waterproofing);
- completed and approved rough construction, certified by Act 14.
3. Infrastructure
-electricity - near the plot;
-drinking water and sewage for sewage - near the building;
- waste water is gravitationally discharged to the newly built pumping station.
4. Fast return on invested funds with a high rate of return due to:
- low purchase price;
- there is no need to design, legalize and build expensive related infrastructure facilities (already commissioned)
-short time required to complete the object;
-a variety of options for using the building, depending on the preferences of a particular investor;
-quick liquidity when converting a building into small apartments (studios)
property - land and building without encumbrances (no mortgages, etc.)
6. One owner - simplified legal expertise.
For more information, we will be glad if you contact us at the specified contacts.