Reasonably Priced Business in Elhovo > Elkhovo > Yambol > Bulgaria - Ref 428151
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Business Description
This excellent new building is situated near the center of the town of Elhovo which is along the valley of the Tundja River in the Southeastern area of the Thracian lowland. It is on the main road Sofia-Bourgas and as the administrative center of the Municipality is at a distance of 110 km from Bourgas international airport, and 100 km from the largest Bulgarian sea-port also in Bourgas. The branches of the municipality economy are industry, farming, commerce and transport. Elhovo has outgoing transport connections through four entrance-and-exit points, namely: northern point through Elhovo towards Yambol city and the interior of Bulgaria, eastern point - through Dobrich village towards Bolyarovo, Sredets and Bourgas, western point - through Elhovo towards Topolovgrad and Harmanli, and through Malak Manastir village towards Skalitsa and Stara Zagora. The roads structure ensures good connections between the administrative center and the villages. Elhovo Municipality is an external border of the Republic of Bulgaria. A border control point Lessovo - Hazambeyli is going to be opened. A first-class road 1-7 Elhovo - Lessovo has been built together with its auxiliary infrastructure, communications and power supply and connections. A large number of projects have been implemented under government and pre-accession programs. A major objective of the trans-border cooperation is to make the Municipality a transport center of national importance. Municipality has well preserved rich cultural historical heritage, maintained folklore traditions and customs. The Ethnographic Museum in Elhovo town has a display room of 130 sq. m area. Every year it welcomes over 16,000 visitors. Historical places exist on the territory of Elhovo Municipality - remains of antique and medieval fortresses, a Thracian rock sanctuary, dolmens, and remains from prehistoric settlement mounds. The advantages of the Elhovo are based not only on its historical and natural conditions, but also on the existing production base, the presence of farming machinery, the well developed communications and the existing infrastructure. Another possibility is the accumulation of economic potential in the machinery construction, the food and beverage industries and the light industry. The trading services in the municipality are performed by 5 cooperatives and 735 sole proprietors. There are 236 trading objects in the municipality, 37 of which are places of public catering. The private sector prevails in the branch. The repair services for the population are also mostly performed by the private sector.
It is a massive red-brick three-storey building with a possibility to build one more floor. The property needs just some completion work and our team of building specialists will be glad to assist you at a reasonable price so that this would prove a wise investment if you decide to transform it into an attractive hotel with a restaurant. The 1st floor is a well-functioning workshop for pastry products. An internal staircase leads to the 2nd floor which consists of a bathroom/toilet and three unfinished rooms. Another internal staircase leads to the 3rd floor. It consists of three rooms and a place for bathroom/toilet. The house is provided with electricity, running water inside and outside, sewage and a telephone line. At your disposal is a garage for one car. The garden plot around is 300 m2. The house is appropriate for a family hotel with restaurant or for an office building. The hotel business is prospering very intensively in Bulgaria due to the increased interest of tourists from all over the world for the enigmatic culture and customs of the authentic Bulgarian spirit and beautiful clean nature. Investing in this sphere guarantees you considerable profit and any innovative ideas will be supported as the business climate is extremely favourable. We can help you with legal advising, registration and offer you quite a wide choice of furnishing, interior design ideas and la
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€420,000 | £351,246 | US$553,938 (Currency and Foreign Exchange services supplied by  )
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| Type |
Business |
| Bathrooms |
1 |
| Bedrooms |
4 |
| Build Size |
240 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Property Characteristics
- Views: Near mountain, In town, On river, In fishing area
- Garden: 300
Map of Elkhovo, Yambol, Bulgaria
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Price: €420,000
Latest Property News in Bulgaria
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Price of Property in Elhovo, Bulgaria
| (All prices in EUR) |
Elhovo |
Elhovo |
Elhovo |
| House/Villa |
24,000 |
2,400 |
24,000 |
2,580,000 |
14,130 |
26,800 |
* Calculations based on 1 properties for sale in Elhovo and 3015 properties for sale in Bulgaria |
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