Good value hotel with apartment conversion potential!

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Good value hotel with apartment conversion potential!

Are you interested in running a hotel? Or would you like to buy something with the idea of changing into an exclusive apartment block? Well look not further, here is an existing hotel, that could be split in apartments. Should you wish to convert this hotel into apartments, the advantage is that months of building works will not be involved as the property is already in good condition.

An excellent opportunity in a good location, between 800 – 900m from the ski gondola, at a steal of a price, you have found an investment of a life time.

This current hotel is set on a plot of 665 sq.m, with a built up area of 250 sq.m, with the total floor space of 1,200 sq.m. There is one building consisting of five floors:

Underground Floor: Which houses 8 car park places, service rooms (aggregate room, boiler-steam room, fridge room and a dry room)

Ground Floor: Which has a restaurant – seating 44 up to a max of 80; lobby bar, reception, office, ski wardrobe, kitchen servicing the restaurant, 2 housekeeping rooms, two separate bathrooms for guests and personnel.

First Floor: consists of 7 rooms – 5 double rooms with twin size beds and each room having a folding armchair; 2 smaller double bedrooms and one room for a housekeeper.

2nd Floor: consists of 7 rooms – 5 double rooms with twin size beds and each room having a folding armchair and a further 2 smaller double bedrooms.

Attic Floor: consists of two apartments not furnished, they don’t have permission for residential apartments, just permission for storage rooms, sauna, lumber room, and one big room which could be made into a fitness suite.

If you would be interested in changing the building into a complex, it would not be a big job, as all that would need to be done would be to add kitchens to each room.

Facilities:

- Restaurant
- Ski Wardrobe
- Lobby Bar
- Garages

Rooms: Come fully furnished.

Payment Plan:

- 35% First payment
- 65% 2nd payment after one month

The final price in Notary Deeds will be the real price but the building and the plots are owned by a company. It is possible to purchase the company which owns these assets and then save 20% VAT (please confirm this with an accountant).

Property was given permission for use in January 2006 and is of a new build. The property does have a mortgage on it.

Location and Local Attractions

Located just between 800m and 900m from the gondola, this hotel is well located for skiers. All the amenities of Bansko town are to hand and guests in this property will find that a car is not necessary for accessing all the sights in the area.

If you fancy taking a break from skiing, then the historic Bansko town centre is close by. Here there is a very wide range of quality brand new shops and amenities which are constantly being expanded and improved to make Bansko one of the top resorts in Bulgaria. Bansko is the newest Bulgarian winter resort, and arguably the most exciting. It has recently attracted significant foreign investment, which has allowed for a massive improvement in skiing infrastructure, and other resort related services.

Bansko ski resort is situated in South western Bulgaria, and is only 160km from Sofia, in the foothills of one of the most beautiful Bulgarian mountains - Pirin, which is a national preserve, and which is included in the WORLD NATURAL HERITAGE list. Bansko offers an interesting combination between the virgin nature of The Pirin Mountain range, state of the art skiing facilities, and the atmosphere of an ancient Bulgarian town.

The skiing conditions in Bansko are excellent. The Pirin Mountain is predominantly Alpine in character with three peaks towering above 2900 m. However the slopes offer runs and tracks for all types of skiers, novice through to expert; while the ski runs are maintained in excellent condition. The town itself attracts visitors all year round with its 120 cultural monuments, museums, nightlife and restaurants.

Surrounded by the Pirin, Rila and Rhodopa mountains, Bansko is a climatic mountain resort with a short summer and long winter. The average temperature during January, the coldest month, is -1.9C. Snow falls are abundant, providing a constant winter snow cover up to 2 m thick. The skiing season along the Pirin slopes starts in the middle of December and ends in mid-April, although this is by no means a winter only resort; in the summer Bansko offers excellent hiking fishing, canoeing, horse riding and many other warm weather mountain pursuits. This is very much an all year round resort, which all the family can enjoy.

So, contact us now to reserve your dream apartment and investment on 00359 885 250 497 or via email bansko@skiproperty.bg

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