Fully Operational Hostel with Restaurant in Euxinograd

We are delighted to present this attractive investment opportunity – a fully operational hostel with a restaurant, ideally located in one of the most prestigious and sought-after areas near Varna: the Euxinograd locality.

The property occupies a level plot of 1,300 sq.m and boasts a total built-up area of approximately 1,000 sq.m. The building has been thoughtfully designed and constructed to ensure maximum comfort for both guests and staff, with clearly defined zones for accommodation, dining, and service.

Basement level (over 300 sq.m): Features a traditional-style tavern with fireplace, wine cellar, commercial kitchen, restaurant dining hall with its own fireplace, storage rooms, boiler room, winter garden, two guest rooms with en-suite bathrooms, and a garage. The layout is ideal for both day-to-day use and private events.

First floor (approx. 300 sq.m): Offers two spacious apartments (70 sq.m and 40 sq.m), a generous 40 sq.m terrace, and an additional restaurant dining area with direct access and a convenient internal staircase.

Second floor (approx. 180 sq.m): Comprises two more apartments (80 sq.m and 40 sq.m), each with access to a large terrace offering panoramic views of the surrounding greenery and sea breeze.

Third floor (approx. 160 sq.m): Includes a 100 sq.m apartment, a 40 sq.m terrace, a balcony, and a small decorative garden area.

The building allows for additional construction and vertical extension, further enhancing its investment appeal. The property is available for sale in whole, or in shares of ½ or ¾.

Location Highlights:
• Situated in a quiet, leafy setting yet within immediate proximity to Varna’s urban amenities:
• Nursery, school, and public transport stop – nearby
• 24-hour supermarket – 500 m
• South beach – 1 km
• Golden Sands resort – 5 km
• Varna city centre – 7 km
• Euxinograd Residence and St. St. Constantine and Helena resort – just minutes away

This property offers an excellent blend of location, proven business performance, and serious potential for further development – whether in hospitality, gastronomy, or even residential conversion.

If you're seeking a profitable investment in one of Varna’s elite coastal areas, this is an opportunity not to be missed. Contact us today for more details or to arrange a viewing.

Viewing the property
We can arrange a viewing of the property depending on our schedule and its accessibility. Request a viewing by contacting the responsible agent.

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 or final contract will begin. Please contact the responsible agent for details of the purchase procedure and payment arrangements.