Location: Pamporovo, near to slopes
Built-up area: 5715 sq.m.
Service charge:
Property description:
The perfect location just to the ski slopes and surrounded by magnificent pine-trees that offers peaceful atmosphere, makes the plot a superb choice for luxury and original project for SPA Hotel.
The project for the construction of SPA Hotel ***** is located on plot 80371.174.42 2 000 sq. m. and plot 80371.174.18 568 sq. m. It consists of 2 (two) sections with following extended buit-up area:
1. First section with extended built-up area - 4650 sq. m.
2. Second section with extended built-up area - 1065 sq. m.
TOTAL EXTENDED BUILT-UP AREA - 5715 sq. m.
The two sections are linked with a covered bridge over the road.
PRELIMINARY CALCULATION OF FUTURE PROFITS AND EXPENCES:
Expenses investor design and land price: 1 200 000 EUR
(VAT not included)
Construction cost at 300 ˆ per/ sq.m.: 1 714 500 EUR
(VAT not included)
Expenses for connections to:
Power supply, water supply, sewerage system 285 750 EUR
(VAT not included)
Total Expenses 3 200 250 EUR
(VAT not included)
Sales of residences 1300 ˆ/sq.m. for 5715 sq. m. .
extended built.up area . 7 429 500 EUR
(VAT not included)
Profit 4 229 250 EUR