TOURIST BUSINESS IN BULGARIA FOR SALE
BUSINESS OFFER
TOURIST BUSINESS IN BULGARIA FOR SALE
We are proud to introduce our business located at Lighthouse Golf & Spa Resort – the heart of Bulgaria’s most renowned golf destination. Parnas Estate owns and runs 7 properties as tourist accommodation – 3 luxurious villas and 4 comfortable apartments.
The resort is nested on top of white cliffs, overlooking the Black Sea. Our properties are surrounded by green land and provide a spectacular view over the coastline. They are located just 5 km from the historical town of Balchik and 3 championship golf courses side-by-side make this location perfect for golf players.
GENERAL CHARACTERISTICS OF PARNAS ESTATE PROPERTIES
|
VILLAS |
FLOOR AREA, sq.m. |
LAND SIZE, sq.m. |
CONSTRUCTED |
|
VILLA MARINA 11 |
343 |
1494 |
2014 |
|
VILLA MARINA 10 |
336 |
678 |
2008 |
|
VILLA PARNAS |
246 |
607 |
2014 |
|
APARTMENTS |
FLOOR AREA, sq.m. |
USEFUL METERS, sq.m. |
CONSTRUCTED |
|
CC504 |
115 |
100 |
2008 |
|
CA402 |
116 |
101 |
2008 |
|
DC402 |
115 |
99 |
2008 |
|
CA403 |
80 |
68 |
2008 |
|
TOTAL FLOOR AREA, sq.m. |
TOTAL LAND SIZE, sq.m. |
NUMBER OF BED PLACES |
|
1294 |
3207 |
36 (+10 extra) |
The business has operated for already 8 seasons, which last from March till November. The average of 200 sunny days per year provides attractive weather conditions for both tourists and golf-players.
A conservative estimate of seasonal turnover is around 100 000 Euro.
OUR OFFER INCLUDES:
– 1 294 sq.m. of constructed properties
– 3 207 sq.m. of land, lawns and rose garden
– 3 swimming pools
– an office room
– a storage room and maintenance instruments
– a legal entity
– documentation and permits for tourist business
– a data base with all the guests and partners
– registrations at tourist platforms
– accountancy
– business support during the starting period.
TOTAL PRICE: 3 500 000 EUR
AVERAGE REVENUES CALCULATION
|
BASE RATE PER NIGHT |
APARTMENTS |
VILLAS |
|||||
|
CA403 |
CA402 |
DC402 |
CC504 |
M10 |
M11 |
PARNAS |
|
|
LOW SEASON |
50 |
60 |
60 |
65 |
280 |
320 |
250 |
|
HIGH SEASON |
65 |
85 |
85 |
100 |
410 |
450 |
380 |
|
REVENUE (WEIGHTED) |
9 017 |
11 463 |
11 463 |
13 145 |
54 718 |
60 830 |
50 134 |
|
TOTAL REVENUE |
210 770 |
||||||
SEASONS & OCCUPANCY
|
TOURIST SEASON, DAYS |
MONTH |
TOTAL DAYS |
OCCUPANCY RATE |
|||||||
|
MAR |
APR |
MAY |
JUN |
JUL |
AUG |
SEP |
OCT |
|||
|
LOW SEASON |
15 |
30 |
31 |
– |
– |
– |
15 |
31 |
122 |
50% |
|
HIGH SEASON |
– |
– |
– |
31 |
31 |
31 |
15 |
– |
108 |
85% |
|
TOTAL |
15 |
30 |
31 |
31 |
31 |
31 |
30 |
31 |
230 |
66% |
EXPENSES PER 1 SEASON
|
EXPENSES |
PER 1 SEASON, € |
|
Municipal taxes: |
|
|
1. Property taxes |
7408 |
|
Payments to Lighthouse Golf Resort: |
|
|
1. Management & Maintanance fee |
13300 |
|
2.Electricity |
0 |
|
3.Water |
1500 |
|
4.Rental contract (linen warehouse) |
770 |
|
5.Laundry |
569 |
|
6.Internet, garbage |
2180 |
|
7.Рњaintenance of lawns and pools |
1000 |
|
Internal company expenses: |
|
|
1. Salaries |
2000 |
|
2. Company cars (2 pieces) |
1000 |
|
Total: |
29727 |
LOCATION
– The properties of Parnas Estate are situated within the Lighthouse Golf & SPA Resort. It is one of the 3 golf courses located next to each other – which is a significant advantage for golf players, who enjoy practicing and participating in championships on different fields during their vacation.
– Easy access – 50 km from Varna International Airport.
– 50 km from border of Romania, which provides for a substantial and steady inflow of Romanian tourists.
COSTS OF DOING BUSINESS IN BULGARIA
– Bulgaria has the most favourable tax regime in Europe. Corporate income tax rate is the lowest in the EU at the level of 10%. Personal income tax is 10 %, flat rate. Industries in high-unemployment areas are granted 0% tax rate.
– Bulgaria has one of the most competitive costs of labor in Central and Eastern Europe.
0 Comments