Hotel Sunrise

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Hotel Sunrise


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General details of the complex:

Consists of two separate buildings, the older

block A (construction completed 2002) and

Block B whose exploitation has commenced

2004. Complex is situated less than 250 meters

from the beach of St.Vlas with a magnificent

sea view. Buildings framing the patio with the

open doors swimming pools (including the

shallower one for children)

The layout has sought to create a complete

environment, with clean lines in minimalist

style it has incorporatedmodern convenience,

beautiful furniture,and a program of

construction where quality is paramount.

Category: Three star

Double rooms: 33

Apartments: 5

Total Area:

Block A: 317sq.m. building

spot with actual build area of

1060sq.m.

Block B : 285sq.m..

building spot with actual buildarea of 1502sq.m.

(with the option of further

600sq.m. construction)

Total Land: 1629 m2

Location: St.Vlas, BulgariaPrice : 3,200.000 Euro


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Hotel section A blockconsists of 27 rooms with terraces, lounge area, reception

and 7 rooms at the basement for staff

B block, consists of 6 rooms, and 5 apartments with terraces.

Rooms / Apartments

All Rooms and flats fully fitted and

furnished, en-suit bathroom with WC & bathtub for the apartments and a walk- in shower for

the rooms

cable TV,

an air-conditioner,

a mini bar, a telephone and

a wall mounted hair-drier.

potential to offer internet


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Transportation/ Accessibility :

About 3 miles from Sunny Beach (5 min. by car), on a south-facing shoreline. It is about 20 minutes' drive

from Bourgas airport and about 90 minutes from Varna airport. The capital, Sofia, is about 5 hours drive

away. Both Burgas and Varna airports are served by a large number of flights in the season- beginning

May end of October.

There is regular bus transport from Nessebar and Bourgas to St. Vlas, and plenty of private minibuses,

route and ordinary taxis. There is also water transport to and from Nessebar and Bourgas to Sunny Beach.

The hotel has been and still remains an interesting opportunity built already to European Specifications

( since Block A was finished in 2002 and block B in 2004 ) it does answer fire and emergency evacuation

prerequisites and will save all coming cost which can otherwise be incurred once Bulgaria enters the EU

and has to comply with those standards.

All finishing, surfaces, frames and fixtures and the installed service ramp, have been of high quality and

will provide for long exploitation without any need for major refurbishment. Width of corridors allows for

little investment and reconstruction in order to adjust part of the hotel base for disabled visitors should the

new management decide to pursue the venue.

Door and window frames solid wood ( armored doors) or aluminum frame with double glazing,

providing the necessary isolation both for the summer and possible winter exploitation.

Heating/ Cooling system Air conditioning, serviced maintenance. Single aggregates per room allowing

for fluent adjustment with the fluctuating number of guests. The complex has installed 8 solar cell panels,

which are used actively during the season for hot water, reducing significantly the electricity expenses.

(Just as with all other systems and installations in the complex the solar panels are within area of service

and maintenance of the original Greek manufacturer)


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Building and Construction specifics

Main frames- brick

Outside and inside insulation

Building permission and legalization for two more floors to be build block B)

Fitness Center

A small but very well equipped fitness center offers round the clockservices to the hotel guests. The equipment (included in the sale is new and

with established service centers). Both fitness center, as well as thewellness areas, have been given for use by the guest against a chargeadding to the profitability of the hotel, however future owners may decideto use a different approach renting both areas to specialized companies orindividuals for better exploitation

Spa Wellness Area

More Europeans travel out of the country for alternative (or lower priced)medical and aesthetic treatments. And since the spa and wellness industryhas seen an enormous boom hotel owners are well aware that the trend isnot a chancy occurrence and is here to stay.


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Picture slides


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Picture slides


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Why Invest In Hotel Sunrise

This is a rare and fantastic offer for the serious investor, a once in a life time opportunity to become theowner of a much sought after hotel complex with a panoramic sea view.

Since the complex has been well in use over the last years the new owner will be purchasing not just alucrative property but actually an established business, with customer base and profile among the touroperators and package holiday vendors (see App. III). Most of the risks and capital investments whichwould otherwise have had to be taken into consideration are substantially less in this case.

The property allows for immediate and uninterrupted exploitation on purchase and it facilitates the buyerwith the availability of an experienced management team and full service crew.

The excellently planned and carried out construction and furbishing of the site allows for unproblematicentry into the European Union without additional and often very costly transformation to fit into the new

building, safety and exploitation standards of the Union.

All of the present facilities kitchen, restaurant, wellness and fitness centers, pools, and playing groundshave already passed the scrutiny and requirements of the respective Health and hazard, sanitation etc.specifications thus letting the new owner to avoid the lengthy process of applying for permits, respectiveinspections etc.

The site benefits from its inclusion in the main sewage system, since for some of the properties in the area,the only working model is a septic tank.

As already mentioned current prices of properties in the area including hotel Sunrise have not taken intoaccount the appreciation resulting from improved infrastructure, the completion of the Marina and a newfive star hotel as well as the first planned Golf course (in the vicinity of Kableshkovo).

Since the site has only been in exploitation for a couple of years and both materials and furniture used wereof very good quality it will require little investments in maintenance and avoid the costly total renovationoften required when purchasing ready hotels.

And last but certainly not least, upon commencement of planning and development of the construction ofblock B, design and the respective permissions granted have been for two more floors, allowing theenlargement of the complex at any point without any delays or bureaucratic formalities.

Since Quite a few of the currently purchased properties in Bulgaria are done for pure speculative aim,catching the lull before the new tourist season ( by. May 2006) in order to put them immediately on themarket for resale the last feature makes Hotel Sunrise only more lucrative regardless of the strategy behindthe purchase.


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Why BulgariaRecreation-related enterprises are becoming an increasingly important industry sector. Increased leisure

time and discretionary, disposable income; greater mobility; and the social thrust toward relaxation, leisure

and satisfying personal wants are creating exciting, new recreation opportunities that did not exist a decade

ago. Despite the shake up of the industry following 9/11 it has quickly recovered and looks to an even

more profitable future. Yet, it has remained indisputable that within any trend of an industry there are

pockets of undiscovered opportunities or spaces offering a bigger reward for the shrewd entrepreneur.

Whereas some two decades ago such offers in real estate and hotel industry were to be found in Spain, the

last few years have seen one area firmly establish itself on the map of international tourism- the Balkans

and Bulgaria in particular. Offering unparalleled advantages of magnificent scenery and giving nature, witha relative lower cost and yet excellent service the country quickly became one of the new pets of all

international tourist fairs.

Advantages of the EU entry

The expected EU entry will naturally bring a range of benefits for the hotel owners: from using direct funds

where applicable for further reconstruction of the hotel(s), to

the ability to profit directly from programs of the EU commissions- subsidized programs for seniors, youth

organizations etc. For the micro- region of Burgas and the adjacent resorts it will almost immediately translate into permanent

openings of flights and the year round exploitation of Airport Burgas which will allow for increased

exploitation of the hotel facilities, since

especially in the severe winter weather of North Europe more and more people look for a short trip to

places with milder climate.


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With or without the active participation of current government the infrastructure of the country willautomatically be upgraded since this is one of the prerogatives of the Union and it is important tounderstand that all current estimates and property evaluations are made on the base of the currentinfrastructure, and with the current regime of tourist exploitation from beginning of May to the end ofOctober, working parallel with the opening and closing of the respective airports.

And although prices of goods and service will increase to reflect the new position of the country it will stillremain well bellow the standards of the most developed European countries and thus remaining a favoritedestination as a tourist or second home residence.

Presently these have been the most important key factors used by foreign buyers to invest safely in thenational real estate market.

From two to three hours away from most major European airports .

Member of Nato-A recognition of the countrys past efforts as well as a guarantee for its safe future.

Joining EU in 2007-Persistence in complying with the commissions requirements and recentdevelopments indicate strongly entry January 2007.

Bulgaria's Political Stability-Political and economic reforms are in progress in a favourable politicalclimate.

Lower Cost of Living-Considerably cheaper expenses for your everyday cost of living compared to Spain,Greece or Portugal establishing it as a favorite destination among holiday goers, retirees, etc.

Low Prices of Immobile Property: Full purchase of a property in Bulgaria will amount to the depositonly for a property in Spain. What is more all properties in the country are freehold.

Healthy Climate-More than 300 sunny days per year. Average yearly temperature 10.5C. Averagetemperature from April through September 23C. (St Vlas is considered as spa for people with respiratory

problems because of the combination of the healthy sea and mountain air.)

Life-Giving Waters-Bulgarias 550 mineral springs cure bronchial asthma and various conditions of the

respiratory tract, urological and liver problems, cardiac and vascular diseases, disturbances of the nervousand the reproductive systems, etc.

Extremely Varied Landscape-Warm, sunny beaches and cool alpine mountains just several hours drivefrom each other.

Stable Currency :The leva has already been pegged to the Euro avoiding any instabilities and fluctuations


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Why Invest In St. Vlas Convenient location

25 minutes drive from Burgas airport

10 minutes drive from the ancient town of Nessebar

5 minutes drive from Sunny Beach resort

Established family resort, with a relaxing atmosphere.

Proximity to Sunny Beach facilities (accessible by a short taxi ride or even a leisurely stroll along the

sweeping, sandy bay).

Local sandy beach (stretching for 1 km with average width of 16 meters).

Developed and yet growing infrastructure (a variety of restaurants, local shops internet cafes, sport

facilities, new world class marina, etc).

St Vlas can never become over developed as it rests between the majestic Stara Planina mountain range

and the beautiful Black Sea coast.

A beautiful combination of sea and mountain climate, considered favourable for those suffering from

respiratory problems.

Sveti Vlas is a beautiful coastal village of approx. 3000 inhabitants, situated just 5 kilometers north ofSunny Beach and 9 kilometers from Nessebar. It benefits from the combination of beautiful seaside at the

foot of the Balkan mountain range. It has been developed into a modern beach destination during the recent

years, with brand new hotels and tourist infrastructure. This makes it a preferred destination for

holidaymakers, who want to enjoy the spectacular views of the mountain while having fun on the beach.

The natural conditions- mountain, forest, sea and southern exposure of the mountain slopes, are extremely

healthy and appropriate for a full relaxation. The beaches of St Vlas are three with a total length of 1, 5

kilometers- the central beach is the longest one, south of it is the small Camping beach and the third one

is the beach nearby the new yacht port Marina.


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Why invest in st.vlas

The town is also famous for its brand new and beautiful yacht port, which is being developedclose to the water base of the local fishermen. Marina yacht port offers everything needed for

a yacht lover to enjoy unforgettable summer holiday. People can hire and even buy yachts

there. With a professional team of consultants the marina will provide great service and a real

value of money.

The marina will have a promenade, 304 berths and a selection of boutiques and restaurants. A

significant benefit of the marina is our clients prospective capital appreciation, as the finished

marina will undoubtedly add value to properties in this, already one of the most exclusive

areas on the whole of the Black Sea coast.

This stunning development will undoubtedly reflect on future property prices and further

enhance the exclusivity that Vlas already entertains. A regular ferry service across the bay to

Nessebar are also planned to take advantage of the marina.

Sv. Vlas is a fast growing where private enterprise is in full swing with a rash of small hotels,

new holiday apartments, holiday villas, and restaurants springing up all over town. Visitors

can also avail themselves of the varied amenities and busy nightlife at Sunny Beach, just 5

kilometers down the road. Sv. Vlas is a more quiet resort that will mostly suit families with

kids or people who wish to escape from the noisy resorts.


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Hotel Sunrise

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