Off-market · asset acquisition

Reservoir-front land at €8.50 per square metre, permitted and already trading.

234,000 m²
23.4 hectares
Razvigorovo
Hitrino, Shumen
€2,000,000
Net · negotiable
See the facts
€8.50 per m²

234,000 m² in a single title at an asking price of €2,000,000 net — reservoir frontage inside the EU and the Eurozone.

Scarce, non-replicable asset

Private shoreline on a reservoir with no neighbouring development. Land of this composition does not come back to the market.

Entitlement risk removed

Tourism, sport fishing and fish sales, fruit growing and livestock permits all granted — the 12 to 18 month permitting cycle is already paid for.

Cash-flowing from day one

Three bungalows, a restaurant and nine pitches already trading, with staff willing to stay on under new ownership.

The asset

A de-risked entry: the capital expenditure and the permitting are already behind you

The asset was built in 2022 and has traded since May 2026 inside a clean Bulgarian company, Razvigor EOOD. Three container-built bungalows, a small restaurant, nine pitches and new independent infrastructure are in place, together with every operating permit. What a buyer normally funds over a first loss-making year has already been spent by the vendor.

Three container-built bungalows in very good condition, each with its own solar station and its own sewage treatment unit
A small restaurant on site, plus an existing vegetable and fruit garden and a licensed 16,000 m² orchard
Nine camping pitches, a caravan dump station, three bathrooms and three WCs in the camp, plus five further bathrooms in the buildings
Season from early May to the end of October, listed on Airbnb and camping.bg
Acquire the Bulgarian company in full, or buy the assets into your own entity — legal support offered by the vendor side
Pitches and pool area
Pitches and pool area
Shoreline and gazebo
Shoreline and gazebo
Planned terraced expansion
Planned terraced expansion
234,000 m²
Total land area
20,000 m²
Building land (UPI)
9
Camping pitches
€2.0M
Net · negotiable
Value creation

Six revenue lines on one title — and 20,000 m² of unbuilt entitlement

Nine pitches on 234,000 m² is a proof of concept, not a capacity ceiling. 20,000 m² of regulated building land carries the approved expansion, the agricultural reserve protects the setting in perpetuity, and the fishery, orchard and livestock permits add revenue lines that are independent of overnight occupancy.

Water
Fishing

The reservoir is licensed for sport fishing and for the sale of fish — a revenue line and a guest attraction in one.

Water
Swimming

Own shoreline for swimming, with a pool area on the camp side. No through traffic, no neighbours, no mosquitoes.

Concept
Eco camp conversion

Solar power and per-building sewage treatment are already installed, which makes a genuine off-grid eco camp a short step rather than a rebuild.

Land
Vegetable and fruit garden

An existing garden and a licensed 16,000 m² orchard, both ready to be expanded into real production.

Land
Livestock

Animal husbandry is permitted, with 198,000 m² of agricultural reserve to graze and to keep the setting empty.

Buildings
Restaurant included

A small restaurant is part of the property — catering for guests from day one, without a new permit process.

Included in the sale
A fully drawn development project, included in the purchase price

A finished highest-and-best-use concept transfers with the property: terraced private pitches, shared outdoor kitchens, fire pits and glamping structures on the regulated building land. None of it is built, so the upside is unpriced. Realise it as drawn, phase it against cash flow, or redeploy the land entirely.

Planned expansion · included, not yet built
Planned expansion · included, not yet built
Photos

Impressions

Views of the camp, the shoreline and the surrounding valley in Shumen Province.

Reachability

Everything within reach

The site sits five kilometres off the A2 Hemus motorway, the main east–west artery between Sofia and Varna. The Black Sea coast and an international airport are inside an hour, the Danube crossing into Romania inside ninety minutes — and the valley itself carries no through traffic at all.

A2 Hemus motorway
Sofia–Varna main artery, direct access
5 km
Shumen
Regional capital, fortress, nature park
approx. 15 km
Madara Rider
UNESCO World Heritage relief
within 15 km
Varna airport
International flights, Black Sea coast
92 km
Ruse
Danube bridge into Romania
98 km
Varna
Port city, beaches, year-round economy
99 km
Burgas airport
Second coastal hub, southern Black Sea
approx. 190 km
Sofia
Capital, motorway the whole way
approx. 350 km
Air

Two international airports serve the region: Varna at 92 km, roughly an hour by motorway, and Burgas around 190 km. Bucharest is reachable overland via the Ruse Danube bridge — which puts the site inside the catchment of three separate flight markets.

Road

Access runs straight onto the A2 Hemus motorway after five kilometres, the route that links Sofia with Varna. Guests arrive without a single difficult kilometre, yet the valley has no through road of its own.

Setting

Northeastern Bulgaria, in the hills of Shumen Province — between the Shumen Plateau Nature Park, the Eye of Osmar karst spring and the Madara Rider. Inside the EU and the Eurozone, with Black Sea tourism an hour away and none of its prices.

Razvigorovo · Hitrino · Shumen Province

Buy the entitlement, not the promise.

Bulgaria counts roughly twenty recognised glamping operations nationally, in a category being promoted actively toward Scandinavian and Western European travellers. Comparable waterfront land in the EU trades at a multiple of €8.50 per square metre — and almost never with the licences already issued.

Location

In a valley with no through traffic

The estate lies in Razvigorovo, Hitrino Municipality, in the hills of Shumen Province in northeastern Bulgaria — directly on the reservoir shoreline. There is no neighbouring development, no passing traffic, and, unusually for a lake in this region, no mosquitoes. Guests notice the silence first.

The A2 Hemus motorway is five kilometres away, Shumen with its fortress and nature park around fifteen, and Varna airport 92 kilometres. Within a short drive: the Eye of Osmar karst spring, a go-kart track, and the UNESCO-listed Madara Rider. Everyday shops, doctors and pharmacies are in Shumen, with regional public transport on the same route.

Masterplan visualisation · included, not yet built
Masterplan visualisation · included, not yet built
Site plan

234,000 m² in three parcels, one title

A compact, fully serviced tourism core, a large agricultural reserve that keeps the setting empty, and an orchard licensed for production. 20,000 m² are regulated building land, and the terraced expansion is already designed.

Building land, regulated (UPI)
20,000 m²
Agricultural reserve
198,000 m²
Licensed fruit orchard
16,000 m²
Bungalows (container build)
3
Restaurant
included
Camping pitches
9
Price per square metre
approx. €8.50
Asking price · €2,000,000 net · basis for negotiation
€2,000,000

Request the data room

The dossier covers title documents, permit status, the company structure of Razvigor EOOD, the development plans and the full photo set. Released to qualified parties on request, without obligation.

Response within 24 hours · viewings arranged on site · English & German