Type: Commercial
Agent: EuroGroup Real Estate
Company: BulgariaPropertyPortal
Price: GBP 1,000,000

Situated in St. Constantine – one of the most popular Bulgarian summer resort. Only 6 km away from the city centre, 15 km from the airport, 500 meters from the beach. The plot is 730 square meters and the total built-up area is 725 square meters.

On the ground floor there is a small restaurant and bar, fully equipped kitchen, two storage rooms, sauna and Jacuzzi room, fitness room, room for the staff, laundry and steam-boiler room, 3 WCs.

On the upper floor there is a large 2 bedroom apartment for the owner, lobby and reception and WC.

On the next 2 floors there are 8 double rooms and 4 apartments, fully furnished, all with bathrooms and balcony, mini-bar, TV and telephone. The whole building is air-conditioned, and has 3 independent sources of heating – electrical air-conditioning machine “York”, diesel boiler “De Dietrich”, and 2 large fire places. There is a generator for emergency power supply. The swimming pool is equipped with French machinery. There are 3 separate telephone lines to the hotel, cable and satellite TV, Wi-Fi internet connection network.

The hotel is built in 1999. All the furniture and equipment of the hotel and restaurant are very well maintained. It possesses all building permits, licenses and registrations with state and tourist authorities. Rated a 3 star category – the highest possible for a family hotel.

The hotel is fully operational all year round. Since the end of 2005 it is registered as a “Preferred Hotel Partner” with Bookings.com – one of the most popular online reservation systems worldwide.

At this point it is ranked “Hotel # 1” in the area of Varna (out of 27 hotels) and #4 in Bulgaria, out of 144 hotels, registered on the Bookings website. The occupancy for the last 6 months is over 70%.