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Commercial Land Assets for Sale in Varna, Bulgaria

Exclusive 13,000 sq. m plot next to sea front for sale in Varna, Bulgaria.
This Business is on a Premium Plan
Ownership Duration 10-20 year(s)
Industries Hotels + 1 more
Locations  Varna
Local Time 12:54 AM Europe / Sofia
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 3 million (Native Currency: BGN 5,100,000)
Reason: Due to the owner’s focus on another venture, no actions have been undertaken to complete the investm... View More
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Assets Description
Land and investment project key features:
The building area spans 10,500 sq. m. , situated on a 13,000 sq. m. plot of land. There is approved building permission for a 6,500 sq. m. boutique residential estate. Other potential development options include a hotel and wellness resort, a holiday estate, or a private residence. The projected return on investment will vary depending on the chosen business concept.
Property’s advantages:
The property is located in a prime position, directly on the first line from the sea and next to the beach. It offers panoramic sea views and is surrounded by beautiful natural scenery. Building permission has already been granted, and the area is supported by existing infrastructure.
Location advantages:
The site is conveniently close to Varna and Burgas, two major cities with international airports and seaports. It is also near an international road that connects Turkey and Romania, as well as several well-known resorts popular with international tourists.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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