For sale Hotel in Novi Pazar Varna Bulgaria | Buy Real Estate

This huge property is located in a pretty little village just 50 minutes' drive from Varna with its shops, sandy beaches and international airport. The property commands an imposing position, with frontage on the main road and a small, private road leading to the entrances and car parking areas. The mature parkland is stocked with a variety of trees and is completely surrounded by a stone wall topped with fencing.
The main building is on 3 floors and is immense. It was build in the 1960's as a school for around 500 pupils from the local catchment area.
The second building is single-storey and was used as a kindergarten. It is much older than the main school building and was built to a traditional, 19th century design.
Outside, there are playing fields and shady, wooded areas. A large pavilion behind the school was used as changing rooms for the school sport events. The parkland slopes gently down towards the centre of the village and is surrounded by trees.
A gated side entrance opens to a paved footpath which leads to the two school buildings. A private driveway leads to a large parking area behind the main school.
All three of the buildings are in need of repair. The main school is built of steel-reinforced concrete and my impression is that it is sound. The second, smaller school could be converted into a magnificent home for a large family while you are deciding what to do with the main building.
Several good business plans have been proposed to us, the most interesting of which is to run a care home for the elderly. The village mayor is keen to bring prosperity to the area and has made it clear to us that the local authority will be particularly helpful with regards to granting usage permissions.
This property offers huge potential for someone with vision. We can help you with your business ideas and will find the right people to help you with the repair work.
We strongly recommend early viewing.
Main Features
• 2,000 sq.m (21,528 sq.ft) floor space
• 12,000 sq.m (2.97 acres) of land
• 8 bathrooms
• 2 large school buildings
• Large out-building
• Mature trees and extensive lawns
• Private & secluded
• Perfect location for private school, hotel or care-home
• Friendly village with all amenities

Estimated drive-time to airports: Varna 57min, Burgas 1hr 38min.
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