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Kavarna Municipality Is Located North-east Bulgari - Bulgaria Forty Six Bedroom Business with a Swimming PoolFor Sale

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Business Description

The property is located near the resort village of Karvuna, in municipality of Kavarna, in close proximity of the sea, only 50 m to the beach, 22 km to the popular Albena resort, 40 km to the Romanian border, 55 km to Varna International Airport.

The hotel, built in 1988, reconstructed in 2001 and again renovated in 2007, is set on a plot of 3736 sq.m, offers a total built-up area of 2797 sq. m, and has a capacity of 115 beds, distributed between 44 2- and 3-bed rooms, as well as 2 suites. The hotel comprises as follows:

GROUND FLOOR 970 sq.m:
Restaurant, storage, boiler room, sauna, 6 rooms for personnel, 6 rooms all with en suite bathroomWC and sea view balcony

FIRST FLOOR 970 sq.m:
Reception, foyer, lobby bar, terrace, 18 rooms all with en suite bathroomWC and sea view balcony

SECOND FLOOR 700 sq.m:
14 rooms with en-suite bathroomWC and sea view balcony, air conditioning, 2 suites each comprising 2 bedrooms, living room, bathroom, WC, panoramic sea view balcony

THIRD FLOOR 204 sq.m:
6 rooms all with en suite bathroomWC, sea view balcony

ALSO:
24 sq. m studio for the manager
13 sq. m service building
20 sq. m garage

FEATURES:
115 beds

2792 sq.m total built-up area
3736 sq.m plot

3-star category certificate
44 2- and 3-bed rooms, 2 suites
Restaurant with capacity for 120 people 100 inside and 20 outside
Lobby bar with capacity for 60 people 40 inside and 20 outside
200 cubic metre swimming pool with childrens area
Sauna
Parking

Electricity, water, Internet, TV
Independent water source filtered warm mineral water from 1500m depth
Independent 30kW emergency electricity generator

DISTANCES:
50 m to the beach
22 km to Albena
40 km to Romanian border
55 km to Varna International Airport

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Approximate price of this 46-Bed Business
€1,000,000 EUR | 
£800,950 GBP | 
US$1,255,700 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 796874 
Area Kavarna Municipality is located North-East Bulgari
Town Kavarna 
Province Dobrich 
Country Bulgaria  
Type Business
Bedrooms 46 
Build Size 2797 
Category Re-Sale  
Listed over 1 year ago
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Property Characteristics

  • Pool:  Yes
  • Views:  Sea

Map of Kavarna, Dobrich, Bulgaria


Towns located close to Kavarna, Bulgaria

  • Bulgarevo


Rent Your Holiday Property
Price: €1,000,000
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Purchase this Business in Kavarna for

€2,018p/m

(60% LTV, 7% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Kavarna, Bulgaria

Property Type Min Price Max Price Median Price
(All prices in EUR) Kavarna Bulgaria Kavarna Bulgaria Kavarna Bulgaria
Apartment/Flat 24,000 98 185,000 1,475,500 78,000 76,000
House/Villa 7,000 500 360,822 2,580,000 53,600 26,800
Business 40,000 600 1,000,000 18,000,000 - 162,000
Land/Ruins 6,000 28 1,110,720 9,002,469 36,600 53,190
Other 63,742 20,911 114,908 268,708 70,675 61,008

* Calculations based on 153 properties for sale in Kavarna and 5551 properties for sale in Bulgaria




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