The property we would like to present to your attention is located in one of the most attractive areas of Varna City – Alen Mak, very close to Golden Sands resort. There are many hotels and villas already built there and this particular area attracts many tourists each year, mainly because the area is calmer and cleaner, and the accommodation rates are lower while Golden Sands is just a few minutes away.
There are not many properties left for development in the area, and the prices are steadily increasing. In immediate proximity to the property is one of Varna Universities, and numerous hotels and villas. The beach is just 150 m away, which adds to this already attractive offer.
The property comprises of a plot, and a hotel built on it. The land has an area of 8 333 sq.m. The hotel itself, even though well maintained, should be taken down in favor of entirely new building. The building has four floors, comprising a reception room, 51 hotel rooms, each with separate bathroom and WC, three apartments, an office, bar, games room, and a garage. The restaurant complex, belonging to the hotel has a built up area of 382.64 sq.m. The hotel is easily accessible via two asphalt roads, one of which leads straight to the beach.
It is estimated, having in mind the building permissions obtained by the neighbours, that a building with total living area of 12 000 – 14 000 sq.m. can be built on the plot. | 
