Investment Building With Land near Sofia

We present for sale a large-scale multifunctional building in Lesnovo Village, Elin Pelin Municipality, suitable for development as a hotel, apart-hotel, corporate or training facility, residential complex, medical or rehabilitation centre, elderly care home or another type of public-service activity, subject to the relevant approvals and permits.

The property is situated on its own land plot with an area of 2,270 sq.m. The building has a built-up area of 622 sq.m. and a total gross floor area of 1,634 sq.m. It has reached the “rough construction” stage and has Act 14. These parameters are confirmed by a certificate issued by Elin Pelin Municipality dated 17 April 2024.

Main Parameters
• Land plot area: 2,270 sq.m.
• Built-up area: 622 sq.m.
• GFA: 1,634 sq.m.
• Basement: approximately 622 sq.m.
• First floor: 580.40 sq.m.
• Second floor: 598.80 sq.m.
• Third floor: 404.40 sq.m.
• Roof technical level: 50.30 sq.m.
• Stage of completion: rough construction
• Act 14: available
• Approved investment project and building permit

The above-ground areas form a total GFA of approximately 1,634 sq.m. The technical project confirms the same gross floor area.

Basement Level — approximately 622 sq.m.

The basement provides a substantial service area and allows for the creation of various functional zones.

According to the developed layout, the following facilities are planned:
• fitness area;
• men's and women's changing rooms;
• showers and sanitary facilities;
• physiotherapy rooms;
• SPA area;
• sauna;
• steam room;
• jacuzzi room;
• storage and technical rooms;
• service areas.

The substantial basement area allows the future owner to adapt the level according to the specific business model.

First Floor — 580.40 sq.m.
The first floor is designed as the building's main public and service area.

It includes:
• spacious entrance lobby;
• reception;
• administrative area;
• staff rooms;
• sanitary facilities;
• day bar;
• restaurant;
• kitchen block;
• storage rooms;
• meeting room;
• conference or multifunctional hall;
• terrace.

According to the original technical project, the restaurant was designed with a capacity of 56 seats.

Second Floor — 598.80 sq.m.
The second floor is primarily intended for accommodation facilities.

The design includes hotel rooms and apartment-type units with private bathrooms. The layout also allows the premises to be used for other functions — offices, consultation rooms, therapy rooms or long-term accommodation, depending on the future purpose of the building.

Third Floor — 404.40 sq.m.
The third floor continues the accommodation area and includes rooms and apartment-type units.

According to the originally approved technical project, the second and third floors were planned to include a total of:
• 16 hotel rooms with a total of 32 beds;
• 4 apartments with a total of 12 beds;
• total capacity: 44 beds.

The apartments are designed with a living room, bedroom, bathroom and the possibility of an additional bed.

An amendment to the investment project was subsequently approved for the property, therefore the final internal layout may be adapted and should be considered in accordance with the current project documentation. The municipal certificate confirms the existence of an amendment to the investment project from 2010.

Roof Technical Level — 50.30 sq.m.
A technical room is planned for servicing the building's installations and communications.

Construction and Stage of Completion

The building has a reinforced concrete structure and has reached the rough construction stage.

The following documents are available for the construction:
• approved investment project;
• building permit;
• construction site opening protocol;
• Act 14 for acceptance of the structure;
• certificate from Elin Pelin Municipality confirming the achieved stage of completion.

Act 14 certifies the acceptance of the building's structure, while the subsequent certificate from 2024 officially confirms the built-up area of 622 sq.m. and GFA of 1,634 sq.m.

Yard and Parking
The property has its own land plot of 2,270 sq.m., allowing for the organisation of outdoor spaces, service areas and parking.

The original technical project provides for parking for 12 cars.

The size of the plot and the building configuration allow for additional landscaping and development according to the future concept.

Location
The building is located in Lesnovo Village, Elin Pelin Municipality, on the Sofia Plain and within convenient proximity to Sofia. The location combines access to the capital with the opportunity to develop a larger-scale project outside the densely built-up urban environment.

The area is suitable for activities where the following are important:
• access to Sofia;
• a large privately owned building;
• accommodation capacity;
• a private yard;
• parking;
• administrative and public areas.

Investment Potential
The property's main advantage is the combination of 1,634 sq.m. of GFA, an additional basement level and a privately owned 2,270 sq.m. land plot, with the main structure already completed.

The building can be considered as a base for the development of:
• a hotel or apart-hotel;
• a long-term accommodation complex;
• a medical or rehabilitation centre;
• an elderly care or residential care facility;
• a corporate centre;
• a training or educational facility;
• an office or administrative complex;
• a combined accommodation and services centre.

Any change of use must comply with the applicable planning and regulatory requirements.

A large-scale property with its own land and an already completed structural frame, providing a solid basis for an investor seeking a project to complete and develop near Sofia.

View of the property
We can arrange a viewing of the property at your convenience. For this purpose, contact the broker responsible for the offer and tell him when you would like to make an inspection.

Reservation of the property
The property can be reserved and taken off the market with payment of a deposit, after which viewings with other buyers will cease and the preparation of the documents for a preliminary and final contract will begin. Please contact the responsible broker for this property for details of the purchase procedure and payment arrangements.