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400 properties for sale in Bulgaria

To date, about 400 hotels are on sale in Bulgaria, of which 280 are located on the Black Sea coast. Most of the offers are family hotels.

Hotel prices range from 300 thousand levs (150 thousand euros) for a small building to 10 million levs (5 million euros) for a hotel of increased comfort. Basically, the sellers are the owners themselves, in the case of the owner’s debt to a credit organization - banks or bailiffs.

For example, in Varna a hotel for 1 million euros was put up for sale. The price has already been reduced by 300 thousand. And for a hotel with 300 beds in Golden Sands they are asking for 4 million euros. Four large hotels are looking for new owners in the center of Sofia.

You can also purchase a hotel room.

“On the first line of the sea, the average price of hotel rooms ranges from 40 to 50 thousand euros. They are a bit more expensive than small apartments in the same area, because they bring good income, ”explains Furil Ivanov, manager of Yavlena real estate agency.

Bulgarian sellers are counting on Russian buyers and on small foreign real estate funds. Before you can access your account books, you must sign a confidentiality agreement. This is done in order not to harm the image of the hotel, if the transaction does not take place.

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