Hotel Pomorie on Bulgaria’s Black Sea Coast, 265 Keys For Sale

Location: Pomorie Peninsula, Bulgaria

10 km away from Burgas Airport
20 km away from Burgas cruise port
18 km away from the Historical city of Nessebar (UNESCO World Heritage)
20 km away from Sunny Beach

Name: Hotel Pomorie

No. of Keys: 265 rooms and apartments – 560 beds

The Location: Hotel Pomorie is located on the very edge of the Pomorie Peninsula on the Black Sea Coast of Bulgaria. It is the only hotel in the Black Sea area that is built partially in the sea
itself. Seen from afar it resembles a ship setting sail, with most of its balconies being over the
blue green water.

The Property: The property consists of two separate buildings – the Main Building (137 rooms – 7 stories) and the Pomorie Beach wing (127 rooms – 10 stories) , with a link between them. It offers two swimming pools with sea water. The indoor pool is semi-olympic in size with a length of 25 meters. From the outdoor pool and the adjacent beach there is a stunning view over the bay and the new Marina of Pomorie.

The beach is naturally formed and enjoys a quite location with a direct entrance from the hotel.
Almost all of the 265 hotel rooms and suites have sea view. There is a spa centre within the property that offers a variety of relaxing and medical treatments with firth mud and brine from the Pomorie Lake.

The property also includes: 2 receptions and lobby bars, the main restaurant with a 180-degree sea panorama and 3 separate meting rooms, the lounge bar and 2 terraces.

There is a night club, with it’s own kitchen space and an outdoor restaurant on 2 floors.

Total GFA of the main restaurant, the lounge bar, the night club and the outdoor
restaurant is 5,551 sqm. The total plot size is 7,930 sqm, building area – 4,500 sqm and gross floor area, 20,500 sqm.

The hotel is currently three-star, bur could be upgraded to four-star. The hotel is open 15th May to 2nd October – 140 days. GS

Main Photo: The Hotel Pomorie

Tenure: Freehold

Brand/Management: Open to purchaser

Current Owner: Private company, our local partner

Guide Price: €7.6m

Guide Price per Key: less than €30,000!

Financials: 80% occupancy over 140 open days

Agent: Local partner in partnership with THPT

Date Posted: November 2019

THPT Comment: A fab opportunity to acquire great size, well located hotel, right on the beach, at a mouth-watering low price compared to the rest of Europe.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

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MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.