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Investment project for sale on the sea

Have a look at our next attractive suggestion! This offer presents itself the perfect investment opportunity on the Bulgarian Black Sea coast.

The property is set near the picturesque coastal town of Obzor, just meters away from the beautiful sandy beach. It consists of two buildings - apartment building and a hotel part. The buildings are comfortably nestled just 98 meters away from the sea shore, beautifully overlooking the sea and the surrounding nature.

As stated before the property consists of two buildings:

The main hotel part has total living area of whole 7000 sq m and is distributed among 7 floors. The hotel comprises 62 rooms and apartments with total accommodation for 140 people. The hotel is designed to meet the four star requirements. It also includes a wide shed in front of the main entrance, spacious lounge, lobby bar, two restaurants one of which panoramic, located on the last floor, and the other one the first, large balconies. The building also has ground and underground floors used for parking. The apartments have amazing views over the sea.

The total living area of the residential building is 3000 sq m. The total number of the apartments is 27 and the total accommodation is for around 70 people. This building also has two floors of underground garages.

Both buildings are constructed on a plot of land 3200 sq m in size. The plot will also include numerous water sport attractions, outside bar and much other. Besides the main land there is an additional 1000 sq m of unused area.

The above mentioned price is for act 14 stage of completion.

 



ID: 5503
Property Status:  Sold
District:  Obzor
Price Euro
2,800,000, €1,700,000
Price GBP:  £1,482,400
Price USD:  $1,897,540
Category:  Apartments, Investment Projects, Hotels
Area :  7 Floors
Plot Size :  3,200m 2
Extras:  Electricity, Water
Location:  In beach resort, Near beach resort, On the sea, Near town, In fishing area, Near highway, In vacation place, Near mountain
Published:  Friday, November 20, 2015
 

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