Apartment - House Balneological Complex
Location Bulgaria
Asking Price Range $10.0M - $20.0M
Gross Revenues $5000000
Net Profit / Cash Flow $3000000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 50 - 99
Relocatable Not Disclosed
Number of Employees 50 - 99
Real Estate Owned
Description The Saint Spas balneological SPA hotel - the newest five-star balneological complex in Bulgaria, fully supplied with mineral water.
The hotel is located at a place of the same name, at the end of the town, in the Chepinska river valley, among pine-tree hills, wide velvet meadows, crystal blue sky and south Rhodopean sun. the Orpheus mountain. It is a peace of the earth that was blessed with a healing gift, known even before the ancient times with its Roman and Turkish baths and described later in the travel notes of Aleko Konstantinov and Ivan Vazov - famous Bulgarian authors. Here, close to the complex, is located the biggest mineral spring in the town - the Radonova bath, as well as one of the wonders of the Bulgarian nature - the Kleptuza - the biggest Karst spring at the Balkan Peninsula.
The hotel part of the complex has 96 double rooms, 4 studios, 7 amphitheatric and 93 luxurious apartments, as well as five catering places, swimming pool, SPA and medical center, conference halls, and kindergartens.
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