Hotel or B&B For Sale in Burgas, Bulgaria

This family hotel, situated in the Intsaraki area of St. Vlas, is just one kilometer from Sunny Beach resort, and 500m from the beach. The hotel comprises 14 apartments, all of which offer beautiful sea-views. The total area is 960 sq/m. All the apartments are with laminated parquet, tiles and air conditioning. The kitchens are fully equipped with fridges, washing machines, stoves and kitchen hoods. There are 14 parking spaces to the hotel, and it offers a possibility for additionally building a swimming pool. The total price amounts to 758,400 Euro, but it can also be possible to buy separate apartments. Sveti Vlas (????? ????, Saint Blaise) is a resort town on the Black Sea coast of Bulgaria, located in Nesebar municipality, Burgas Province. As of September 2005, it has a population of 2,142. The town is located at the foot of the south slopes of the Balkan Mountains, in the northern part of Burgas Bay. A settlement was founded at the present place of Sveti Vlas in the 2nd century AD by the Thracians, then called Larissa. It acquired the name Sveti Vlas in the 14th century after Saint Blaise, a monastery dedicated to whom existed in the region, but was burnt down in the 14th-18th century by consecutive pirate raids. During the Ottoman rule of Bulgaria, it was known as Kücük manastir or simply Manastir (monastery), while the name Sveti Vlas became official after 1886. The settlement became a climatic sea resort in 1963 and a town on 2 February 2006. Sveti Vlas has grown as a tourist resort in recent times, serving as a quieter alternative to nearby Sunny Beach. The gap between the two places is shrinking as more hotels and holiday apartments are built along the coast. Sveti Vlas lies at the northern end of a bay which has Sunny Beach in its middle and the ancient town of Nesebar at its southern end. Sunny Beach and Nesebar is easily accessible by bus or taxi, and there are also boats going between Sveti Vlas and Nesebar. Sunny Beach (Bulgarian: ??????? ????, Sl?nchev bryag, German: Sonnenstrand) is a resort on the Black Sea coast of Bulgaria, located approximately 35 km north of Burgas in Nesebar municipality, Burgas Province. It is the biggest and most popular holiday resort of the country, and is home to over 200 hotels with more than 110 000 beds. There are also 130 restaurants and numerous live music bars, pubs, nightclubs, discos, cafes. It has been undergoing continuous expansion for many years. In recent years almost the whole hotel base has been renovated and several new luxurious hotels have been built as well as many spectacular apartment complexes. Sunny Beach has a very small permanent population, but during the summer the resort is home to many thousands of tourists. The main strip of high-rise hotels backing onto the beach is several kilometres long and extends along a wide bay between Sveti Vlas and Nesebar. The resorts construction began back in Communist times, in 1958. Construction works began at a site, where two old wells supplying Nesebar with water in ancient times and during the Middle Ages, had been located. The climate of the area is Mediterranean, explaining Sunny Beachs popularity with tourists since before the fall of communism. Since that time the resorts popularity has grown among German holidaymakers, who add to the already large numbers of Bulgarian and Russian visitors. More recently, Sunny Beach has begun to attract the attention of British , Scandinavian and Serbian tourists, for whom it is a more affordable alternative to the established Mediterranean resorts. Attractions for tourists include the beach, watersports, nightlife, and the nearby historical site of Nesebar. Sunny Beach is mainly popular among young people. The Golden Orpheus International Festival of Popular Song, the Decade of Symphonic Music, part of the International Folklore Festival, fashion-shows and various beach competitions are held there. Housing in Sunny Beach has been heavily favoured by British property investors in recent years. However, property prices have now begun to fall, and several investors are beginning to bail out, having lost tens of thousands of pounds.