Located in the vibrant center of Varna, this 5-star luxury hotel is a rare investment opportunity combining historical charm with modern amenities and high-income potential. As a designated historic landmark, it offers timeless elegance and exclusivity, perfect for business and leisure travelers alike.
Spanning 2,600 square meters, the hotel currently features 27 beautifully designed rooms, with the possibility to expand by adding 16 more. Guests can enjoy premium amenities, including a spa, massage rooms, a sauna, a restaurant, and a bar—creating a complete luxury experience.
Priced at €8,000,000, with a 5% buyer’s fee, the property generates a current annual rental income of €231,000 under contract until the end of 2024. Additional revenue growth is possible with the expansion of extra rooms. Its historic status also grants a VAT exemption, making this an even more attractive investment.
Offering complete operational flexibility, the existing management contract can be terminated or adjusted to suit your preferences. The property can also be repurposed for alternative uses beyond hospitality, adding to its versatility.
With its prime location in the heart of Varna and its designation as a historic landmark, this hotel is an exceptional opportunity to own a prestigious property with endless possibilities for development and customization.
Contact us today for more details or to schedule a private viewing.
