New-built Hotel In Bansko - ID 1162

Property Status: Available
Contact us in regards to this property
District: Bansko
Price Euro: €7,072,800
Price GBP: £5,700,677
Price USD: $11,304,456
Category: Hotels.
Area: 3 Floors And An Attic
Extras: fitness,,spa.Electricity, Water, Telephone.
Location: In Fishing Area, In Historic Place, In Hunting Area, In Ski Resort, In The Mountains, In town, In vacation Place.
Published: Tuesday, August 14, 2007

With the current offer we propose you a new completely built hotel with all indoor furniture and equipment for kitchen and service rooms in one of the best winter ski resorts of Bulgaria - Bansko.
The Opened Construction Area of the hotel is 5894 sq.m - 799 sq.m are underground and the rest 5095 sq.m are above. The total built up area is 1650 sq.m. The hotel is four stars category. It is situated 800 meters from the lift and 300 meters from the main road Bansko-Sofia.
There are 6 floors:
Underground parking for 35 cars, heating caldron room, water and sewerage room, service rooms
Ground floor with fitness, spa center, a restaurant, cafй-bar, ski wardrobe, storages, laundry, staff rooms
First floor- entrance, lobby, reception desk, fire place, sanitary rooms, elevators, 5 hotel rooms and 2 apartments.
Three residential floors - on each floor there are 17 rooms and 2 apartments.
Garret floor - 7 apartments and 10 hotel rooms.

All rooms in the hotel are 66 - 10 luxury rooms, 8 apartments and 7 garret apartments. The apartments are 50 sq.m large and the double rooms are 24-25 sq.m. The capacity of the hotel is 192 beds (possible increase to 231 beds). The hotel is fully furnished and equipped. The facade is made in traditional for the Bansko region architectural style. The hotel is solid - armored concrete construction.
The hotel sewerage system is 477 meters, f 400 with its own water pipe – 228 meters long.
Gas heating system with 10 m3 underground cistern with a capacity to heat for a period of 45 days at 17°C cold.
double thermo-isolation
Woodwork

Permission for exploitation of the hotel is included.
Price: 1200 euro per sq.m built area

Total Hotel Incomes
1. Incomes from room rent - 1137500 Euro per year.
2. Incomes from restaurant & bar - 455000 euro (40% over rent income)
3. Additional hotel services - 227 500 euro (20% over rent income)

Total incomes per year 1820 000 euro
Total Hotel Expenses
- Expenses for beverages, foods, other services per year - 150000 euro.
- Expenses for staff employment salary – 90000 euro
- Electricity and heating expenses – 50000 euro

Total expenses 290000 euro.

Prognoses for Profit per year before taxes: 1530000 euro
Yield per year over investment (7072800 euro) – 21%

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