Modern hotel complex in Bulgaria on the Black Sea for sale!
The property is located in Albena, in the eastern part of Bulgaria along the Black Sea. Coast near the city of Varna, Bulgaria’s 3rd largest city and the main resort destination in the country.
Located north of Albena beach, the property is a 326-unit full-service hotel / aparthotel complex extending over a total site of 25,000 sq.m. The total built-up area of the project is 32,400 sq.m., spread over 13 buildings ranging from 4 to 6 floors.
The rooms can be fitted out with kitchenettes, allowing the property to be operated as a hotel or aparthotel, or a hybrid of both.
Full-service hotel / aparthotel product: The property can be operated under 4* hotel standards and will comprise 326 elegantly fitted-out units supported by a wide range of facilities including restaurants, bar, conference facilities as well as a SPA/wellness centre.
Alternatively, the property can be completed and operated as an aparthotel or a hybrid product of a 4* hotel with some 110 - 130 guestrooms, with the remaining units available for sale.
The site benefits from excellent national and international accessibility, with Varna International Airport being only a 40-minute drive from the site, and the capital city of Bulgaria, Sofia a 55-minute flight. Road access from Varna and Balchik is also convenient.
Please do not hasitate to contact us for details.