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Ref No:BA304 Bulgaria Ski Property, Bansko, Golf property

  
Description of Property

Price in Euros (Selling Price):
150,000
Price in pounds :
135,484

No commission


Description of Property

Great commercial investment opportunity in top ski resort

Fully equipped and ready to go restaurant and apartment being sold underpriced. The owner needs a quick sale and has priced this offer down.

With the UK's economy sliding into the mud, the number of Brits looking to escape abroad is increasing. Old favourites like France and Spain are sliding down the popularity list due to shaky economies and high property prices. On the up are places such as Bulgaria; with growing economies, low taxes well priced property...and a fast growing British expat community. With this prime offer, you can leave the UK and step into the shoes of an operating business (with onsite accommodation) in the country's most popular ski resort.

What's included in the sale?

This offer includes the following facilities

- Fully equipped kitchen;
- Mehana (restaurant) unfinished on the underground floor;
- Restaurant fully furnished on the ground floor;
- Studio apartment unfinished.

The mehana is a traditional Bulgarian style restaurant that is particularly popular in Bansko. Essentially, this means this offer has not one but TWO restaurants!

The vendor ran out of money to complete the main restaurant and the studio apartment so the new owner can put their mark and style onto it.

As this offer is part of an apartment block (sold out) there is a captive audience on site and the mehana has been open for the last years (all year round) and has built up a good clientele base that the new owner can benefit from.

Payment Plan

The payment plan is negotiable.
The annual maintenance charge is 3.5 Euros per m2 per year (including VAT).

Sale price is 150, 000 Euros. There is a possibility for stage payment as well.


Location and Local Attractions

Bansko received approximately 750, 000 tourists last year making it one of the most visited ski resorts in Eastern Europe; and a good place to run a tourist based business. With English widely spoken in the resort, it has become a popular place for Brits to move to and the area now has a fast growing expat community.

This restaurant in Bansko is situated just off Glazne street and is not far from the centre of Bansko town. The gondola station is approximately a 12 minute walk away (1000m).

Why Bulgaria?

If you are considering running a business in Bulgaria then you will be pleased to know that the country has the lowest income and corporation taxes in Europe. At only 10%, this makes Bulgaria a more attractive option for residency than its Western neighbours. Not only that, but the cost of living in Bulgaria is on average 5 times less than the UK.

Bulgaria posted economic growth figures of 5.6% so far for 2008. The success of any poroperty invest or business is greatly dependent on how well the wider economy in the country does. Investment in the UK is being dragged down by the recession but in Bulgaria there is still growth that will underpin your investment.

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MORE PICTURES

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Entrance
Sauna pic 1
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Shower room pic 1
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Steam room
Pool pic 1
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Spa centre entrance
Kitchen corridor
Unfinished restaurant pic 1
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Garden of restaurant pic 1
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Customer WC
Customer WC
Stairs to kitchen
Studio pic 1
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Corridor to studio
Studio metal entrance door
Corridors and staircase
Corridor and staircase
Kitchen pic 1
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Restaurant and surrounding area pic 1
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Kutelo Complex - Photo_1
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Kutelo Complex - Stairs_1
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