Price: EUR 105000.00
Area: 1600 sq.m.
Garden: 2500 sq.m.
Condition: No information
Number of bedrooms: 0
Number of bathrooms: 0
Company formation is required to buy this property
Situated at the end of a beautiful mountain town just 16 km. away from the historical town of Veliko Tarnovo, this hotel offers an excellent investment opportunity. With 1600 sq. m. of living area set in 2500 sq. m. (over half an acre) of garden, the development potential is enormous. The property comprises a ground floor with lounge, dining room, kitchen, bathrooms and toilets. Floors are parquet, and most walls are either plastered or tiled and window frames are metal. The second floor has thirteen rooms (seven facing south, six north), of which seven have verandahs in addition to two bathrooms and four toilets. The third and the fourth floors are identical. Previously a hostel, more gracious accommodations could be created by cutting the total number of rooms and providing ensuite bathrooms. The property is supplied with electricity, running water both inside and out and has the advantage of being connected to the main drainage system.
The road to the property is asphalt so it is easily accessible in winter and the lot will allow parking for up to 20 cars. Alternatively, part of the grounds could accommodate a barbecue or recreation area. The building has been uninhabited for some time and needs considerable work in most areas to bring it to modern standards. Breathtaking views of majestic mountains add rural tourism to the investment potential. Founded in 1348, the beautiful monastery of Kilifavevo is close by. The mountains are ideal for climbing and hunting and the valley of the Belitsa River will delight anglers. Cycling tours also take in this area of natural beauty. The town of 3000 inhabitants boasts shops, cafes, a community cultural centre, library, medical centres and regular bus transport to Veliko Tarnovo.
Contact us for more details. Reference No: 6258.