Complex "Astoria" is declared a public auction. Despite the large supply does not object to the seaside resorts, sold at a loss, says Blagoi Ragin, president of the Association of Hoteliers
One of the emblematic sites of the Golden Sands resort - hotel "Astoria" was put up for sale at auction. This means the register of the Chamber of Private Enforcement.

The complex is owned by Caps tours "and sold at an initial cost 3.019 million It includes massage of the hotel Astoria Palace coffee shop, pastry shop, lobby bar, disco and restaurant along with the building right.

We are looking for new owners of 80 hotels in Varna, and 30 in Dobrich shows reference in one of the largest sites of real estate - half price offer over one million euros. Highest bid was from 38 million for the hotel complex in Golden Sands, the first line, with an area of 50 000 sq.m. The cheapest hotel, which can be bought, worth 220 000 euro.

Sold and hotels in Varna, in the Greek neighborhood of 6-storey building with an area of 617 sq.m. price is 1,7 million euros. Galata of 4 hotels are offered at prices of up to 500 000 to 3 million euros.

The most expensive region in the hotel complex for sale in Kavarna - about 11 million euros. Only in this small seaside town offers a facility for 4. So many are advertised in Albena. In the plots did 9 hotels offered by the highest price is 1,4 million euros.

A total of 716 hotels in the country are offered for sale. Nearly 40 tourist sites, mostly along the Black Sea, and are available online businessforsale.bg.

Tenders for the Varna region in October at the level two months ago. Now, however, more hotels are offered for sale in Golden Sands, compared with August, comment on local brokers. In their words, the sale of the hotel is quite different from each other in real estate. In this case, along with property and business is sold. A large part of hotel owners looking for buyers because of poor management and sinking into debt. Over 85% of the sites were built for speculation purposes, without market orientation, according to the Institute for analysis and assessment in tourism. Quote mainly hotels, which are the first and second line, those who can not be filled with tourists. The reason sales are made worse business plans, which become a burden on the facility's owner, supplemented by the Union of Investors in Tourism. Despite the dire state of the tourism sector and the large supply still no hotel, sold at a loss, told the newspaper "Black Sea" Blagoi Ralin chairman of the Bulgarian Association of Hotel and Restaurant. All transactions are made at prices that are significantly higher than the amount of input investment, is the head of the hospitality industry. This means that a drop of 22% of the bids offered in the hotel of the Golden still has the lowest level this year.