10 Bed Commercial in Elena - £164,070 (€210,000)

Unusual property with an excellent potential for commercial use


Location: Elena

11th January 2006

Property Ref: afb010611

A rare opportunity to purchase a huge property located in Elena - a beautiful mountainous region, that is becoming increasing popular with tourists. The property, is situated on the bank of the river which runs through the town, consists of four separate buildings constructed in a similar way and style. The central building - "the old house", was built about a hundred and forty years ago and was renovated to modern standards ten years ago. Its ground floor consists of a huge dining room, a spacious two-room kitchen, a bedroom and a bathroom with a toilet.   An outside wooden staircase leads to the first floor which is composed of an entrance hall, three bedrooms, a bathroom with a toilet and a large wooden terrace. There is also an extension to the "old house" with its own entrance. A laundry and a bathroom constitute the ground floor of the extension and an inside stairway leads to the first floor where there is a large bedroom. The building in front of the old house was built in 1995 and is composed of two parts. The first part comprises two classrooms and a lavatory and the second one is composed of three bedrooms, each one of which with its own bathroom with a toilet. The building on the right of the "old house" consists of two bedrooms and a bathroom with a toilet. This building and the central one are on a local central heating. The one-storey building behind the "old house" was built in 1999. A classroom, a huge storage room and a cellar constitute the ground floor. The first floor is composed of two large rooms and a lavatory. The size of the plot is 890 sq m and it comes with a wooden summer house. There is also a parking area in front of the property. The furniture is included in the price.

The property is ideally suited for use as a hotel, the surrounding area offers numerous attractions for tourists.

The picturesque town of Elena is situated in the Central Balkan Mountain at the foothills of the Elena Balkan.  Elena is 42kms south east of the historical town of Veliko Turnovo and easily accessed by main road. The region is rich in flora and fauna and has several small rivers and deep gorges lending itself to outdoor activities such as fishing, walking and cycling. The town has many craft workshops and historical places of interest and is therefore very popular with tourists.  There are a wide selection of restaurants and shops in Elena town.


Note: The exact prices are quoted in Euros (€). The £ price is for guidance only based on : € 1.28 = £1.00.

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