A luxury hotel and bar located down-town the city of Varna for sale,
€ 349 000
(£ 686 / $ 853 / € 799 sq. m
)
£ 686 / $ 853 / € 799 sq. m
)
Distance: from the center of the city - 0 m, airport - 9 km, beach - 450 m, sea - 450 m
Total size: 437 sq.m (actual size + common parts)
Built-up area:: 220 sq.m
Floor: ground floor
Floors: 8
Construction type: reinforced concrete structure with hanging facade and brickwork
Stage of construction: permission to useYear of construction: after 2000
LOCATION
The excellent location, assures year round stream of clients and easy detection upon prior reservation. The property is located just few meters away from the pedestrian alley of the “Knyaz Boris” blvd, Sea garden and beaches. During the summer season the city is visited by many tourists, which are accommodated in the center of the city and in the holiday complexes.
We offer year-round three star family hotel with an unique modern business style.
Within a radius of 300-400 meters away are located: the "Festival and Congress Centre Varna" the building of the "Varna Municipality", the entrance of the Sea garden, the alley with many nightclubs and restaurants, as well as several city beaches. 10 minutes away by foot are located the "Palace of Culture and Sports", "Stoyan Bachvarov drama theatre," the Opera, the aquarium, the Military-history museum, the Cathedral and many other landmarks of the city.
DISTRIBUTION
It is a brand new quality building with luxurious finishing in 2009 year.
The hotel part is distributed in to six levels and comprises 10 double rooms and 4 single rooms. Each room is equipped with a TV, an air-conditioner and mini-bar. The restaurant has total area of 437 sq. m distributed in to two levels -“1” and -“2” luxurious furnished and equipped worked as a night bar – club.
The category of the hotel is 3 stars!
ACCENTS
- Excellent location
- Luxurious building
- Worked property and business
- Fully furnished and equipped
- High investment potential
WHAT IS IMPORTANT TO KNOW IF YOU WANT TO PURCHASE THAT PROPERTY
1. The listed price does not include the commission remuneration of Mirela and the state costs for the transaction (local tax, notary fee and taxes to Registry Agency, which ( tax and fees) amount to about 3% of property value.
2. Our usual remuneration, which you owe when you purchase property is 3 % of the property sale price, not less than EUR 1,000. This commission does not apply to holiday homes and rural properties. For some properties the commission is subject to explicit agreement. We advise you to ask your agent in advance for the particular property you are interested in.
For consultation on calculating transaction costs, you can contact a lawyer of Mirela LTD at +359 883 940 027 from 09:00 to 18:00 on work days.
3. In order to organize a property viewing you should conclude an Assignation order with Mirela. You can submit that order and online.
4. There is a possibility this property to be with No commission for the buyer or to have other preferential conditions for payment of the remuneration - ask the agent of the offer.
5. Under the conditions of the concluded Assignation order you are entitled of additional discounts.
6. The remuneration shall be paid within 5 days after the implementation of the transaction. This payment can be in the means of bank transfer to Mirela's bank account.
7. You owe a remuneration only if you purchase that property - you do not owe anything in advance.
8. You can give a guarantee of your intention to purchase the property and to place in advance the conditions under which You will make a deal. If we do not manage to negotiate the same conditions, we will refund the guarantee.
9. The negotiations on the deal are made, through the mediation of Mirela. The draw up of documents for the transaction is carried out by Mirela, unless you are willing to use your own solicitors.
10. You can sign a preliminary contract for purchase- sale of the property, leaving the seller a DOWN PAYMENT or go directly to signing the final contract (notary deed) - we will offer You options and our opinion on this issue, but the decision is yours and we comply with it.
11. If after a concluded with our mediation purchase-sale contract, a final contract for purchase sale is not concluded through the Seller's fault, MIRELA obliges to search another property, as You do not owe an additional remuneration for following implemented deal.
12. To avoid misunderstandings, you will be notified by e-mail and SMS through all stages of the transaction.
13. You have a guaranteed possibility to share your impressions of the service and to level criticism or recommendation directly to the management of Mirela.14. For deals worth over 10 000 BGN, it's obligatory the provision of guarantee and payment of amounts of the sale price of the property to be made in the means of bank transfer.
We work in an open, accountable way, with clear rules.
Do not hesitate to send all your questions to the agent who is in charge with the offering of the property.
We will be glad to have You as our client!
Possible rent: € 1500
Our managers have estimated this figure as your monthly rent in case you pruchase the property and let it outProfit for year: 5.16%
Return on investment in this property (yearly) with rentals. In comparison, interest on bank deposits in BG- average 0.5%