Real estate · Development · Varna · API-002

Hotel redevelopment site — Alen Mak · Sold

Land with existing buildings in Alen Mak, Varna.

Archived property · sold · 2 000 000 €

Hotel redevelopment site — Alen Mak · Sold

Key facts

9 600 m²total land area
6 915 m²regulated land area
10 372.5 m²reported permitted gross floor area
400 kVAreported private substation

Investment highlights

Location

Approximately 600 m from Kabakum Beach and 10 km from central Varna.

Existing buildings

Reported existing floor area of 2 700 m²; renovation or reconstruction required.

Utilities

Reported mains water, sewerage, stormwater drainage, paved roads and parking.

Potential uses

Reconstruction of existing buildings or residential development within verified planning parameters.

Key facts

Land
9 600 m²
Regulated land area
6 915 m²
Existing buildings
2 700 m² — reported
Permitted gross floor area
10 372.50 m² — reported, subject to verification
Power infrastructure
400 kVA substation — reported
Residential sale price assumption
€1 500/m² — illustrative modelling input
Construction cost assumption
€600/m² — estimate
Renovation cost assumption
€200/m² — estimate

Project gallery

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