Global Property Guide

Financial Information for the Residential Property Buyer

Hotel Byala

Full Description

The favorable investment of 5 storey building with 16 apartments in pretty sea town Byala.
The property is 300 m from the sea beach with incredible sea view. There are fourteen 1 bedroom apartments and two 2 bedrooms apartments, all finished with document of act 16. The constructed area is 1490 sq.m on 5 floors and with built-up area of the apartments between 55 sq.m - 70 sq.m. There is a spacious terrace on the top with glamorous view all around. The ground floor has two large rooms that can be adapted to a small cafe, or the gym.
First floor has two apartments;
2nd, 3rd, 4th floor have four apartments per floor;
5th floor has two apartments.
Situated on the beautiful Black Sea coast, with a population of 2330 people, the town of Byala is a small traditional Bulgarian settlement. It is located between Varna and Burgas International Airport which makes it a preferable and easy to reach tourist destination. Famous for crystal blue sea and sandy beaches, and its thriving wine industry, Byala is becoming a much sought after residential area. Only 50 km south from the Bulgarian Sea capital Varna and lying just 80 km north of the town of Burgas, its panoramic views make it the perfect spot for a flexible holiday or for wise investors. During the last few years the town developed very fast and at the moment it is a desired vacation spot for many tourists in the summer. There are many factors that determine this such as the town’s good location, the 6 km long beach with very fine sand which is 10 to 50 meters wide. There are many beaches in the vicinity, some of them still virgin and unknown for most of the people. The northern beach is famous for its fine white sand and beautiful lagoons. The central beach is the most preferable one because it appeals to many tourists and has many restaurants, water-slides and other attractions. The yacht port is situated on the Southern beach and this is the only port in the vicinity.

Price: 340.000 Euros

Key Information

Property ID: 20299006
Location: Bulgaria, Varna, Obshtina Byala, Byala
  • Commercial
  • Hotel
Bedrooms: 0
Bathrooms: 0
  • £298,989
  • €340,000
  • $382,840
Short Description:

The favorable investment of 5 storey building with 16 apartments in pretty sea town Byala.