Family hotel

We have recently added to our portfolio this luxurious boutique hotel. It is located in the very heart of Varna, just 200 m from the beach.

Varna is the largest city in northern Bulgaria and the Bulgarian Black Sea coast. It is the third largest city in Bulgaria and the centre of municipality and district. Varna is a port city and is often referred to as "Sea Capital of Bulgaria." The city is the headquarters of institutions such as the Maritime Administration, Admiralty Bulgarian Army. Varna is a major cultural centre with developed tourism, being a starting point for many resorts on the north coast.

The hotel can boast with its unique atmosphere, comfort and quality service. There is a lobby bar at the disposal of the hotel as well as free of charge room service. Large roof terrace is a favorite spot for the morning coffee. Just as name of the hotel suggests, its location is perfect, being close to the main boulevard, center shopping area and restaurants. In spite of being in the very center just next to the Festival Complex, Sea Garden and Archeological Museum, the hotel takes advantage of its quiet neighborhood with a relaxing atmosphere.
Total unfolded area of the hotel is 1120 sq.m., built upon the land of 209 sq.m.

DISPOSITION OF THE BUILDING

- MAISONETTE: 110 sq.m.
* First floor: an entrance, a kitchen, dining area, an open space living room, two terraces
* Second floor: a large bedroom with terrace, a small bedroom with sloping ceiling 40 degrees, a large bathroom with the same sloping ceiling.

- MAISONETTE: 240 sq.m.
* First floor: an entrance, a toilet, a kitchen, dining area, an open space living room, 3 small terraces and 1 large panoramic terrace.
* Second floor: a large bedroom with a terrace, a child’s room with a terrace, a bathroom with a bathtub and a shower box.
* Third floor: a panoramic terrace (large enough for installing a swimming pool), a room of 16 sq.m. equipped with a dish-washing mashine, a fridge, a sink and cupboards.

- 6 bedrooms with bathrooms, each of them is about 40-50 sq.m.
- a staff room, 60 sq.m.
- hall with dining area, at the moment functioning as a beauty center
- garage for 2 cars
- central boiler station
- sauna, bathtub with hydrojet, massage room
- service rooms

On roof top terraces there are cable TV and telephone line installed.
Both maisonettes have their own entrances.

NB: Currently 6 rooms are rented out, functioning as a boutique hotel. The beauty center is rented out as well. A smaller maisonette has tenants. The future owners of the building can take advantage of the hospitality business opportunity with repeating guests of the hotel and its excellent rating.

RESERVATION

You could reserve this property immediately by providing a non-refundable deposit of 5000 Euro, payable by credit card (VISA, MasterCard) or bank transfer. Upon paying the deposit the property will be reserved for the period of 14 days and after that the buyer will have to sign the preliminary contract.

The company charges 3% agency commission, payable at signing of the Preliminary contract.

Additional expenses for notary, state and municipal taxes might reach up to 6% of the sales price.