Land With Planning for sale

£22,760

Veliko Turnovo, Bulgaria Property ID: 5822622

Property features

Quiet and peaceful neighborhood
Easy and quick access to main street
Minutes from the cultural and historical sights
Close to all amenities
Close to museums, restaurants and cafes
Possible to build guest house or hostel
Approved building project
Great business potential
Close to the town center

Property description

Opportunity for business investment - a plot with approved project for a small hotel in Veliko Tarnovo

The proposed parcel is located in one of the most preferred living areas - the quarter of "Varusha", distinguished by its Renaissance houses. The neighborhood is quiet and is just minutes from the main shopping street in the town.

This small plot is in the area that is regulated for building. It is 71 SqM and there is an approved project for the construction of a 4-storey building with the aim of becoming a hotel or guest house. The project provides accommodation with total living area of â€‹â€‹230 SqM, featuring nine rooms with en-suite bathrooms, reception, 2 further bathrooms and 70 SqM of offices and storage. It is possible to start a small family business by opening a guest house or hostel here.

This property offers an excellent location, situated in a street, yet close to the center of town where there are many shops, restaurants and all the other amenities associated with a large town. It is also just a few minutes walk from many places of cultural and historical interest. All these features combine to make it a great investment opportunity.