Development Project "Malo Selo"

For Sale: €699,000 (no VAT charged)
(= €98 per m2 including the land, well below the cost of construction)7.103 m2 building project with 17.395 m2 land in the village of Malo Selo - surrounded by nature without neighbors!Cadastral Numbers: 46824.33.1, 46824.33.1.1, 46824.33.1.2Location: Village Malo Selo, Municipality Bobov Dol, Region Kustendil

Close to Dubnitsa (11km - 15 minutes) and Sofia (75km - 60 minutes)

This property, currently requiring full renovation, boasts a remarkably solid concrete structure and includes all necessary documentation. Think about it like a building structure that is 30% complete, but at a lower price than to build from scratch.
Though unused for several years, it offers immense potential with a comprehensive renovation and modernization plan. Key tasks include legal conversion into individual units in the cadaster, as well as the installation of new water and electrical systems.Once completed, this property could become an exceptional location for various purposes, such as a world-schooling hub, retreat center, research facility, senior living community, or a remote corporate campus.The building has a unique history as a former prophylacticum and features extensive facilities, including a large spa area, a restaurant, event spaces, and numerous other areas that could be converted into residential units or utilized for commercial ventures.The possibilities are endless, especially given the property's prime location—nestled in nature yet conveniently close to the amenities of Dupnitsa town and the highway to Sofia.The region is expected to benefit from the green energy transition as well as EU funds to support this transformation.

Drone Shots of the Building

Download all
documents and plans PDF

• Architecture Plans

• Cadastre

• Structural Expertise

• Water

• Electric

• Appraisal

Tour of the Building

Invest in the Future of Family Living—Just 60 Minutes from SofiaWe’re presenting a rare opportunity to invest in the redevelopment of a 7,500 m² building in a prime natural setting, only one hour from Sofia and minutes from Dupnitsa. With highway access nearby, it’s perfectly positioned for a new residential concept that serves a growing market segment: families who work in the city but want to raise their children in nature.Why This Project Makes Sense* Untapped Demand: More families are leaving dense urban areas in search of healthier, nature-connected lifestyles—without wanting to give up professional opportunities in Sofia. This location offers both.
* Flexible Redevelopment: The existing structure allows for efficient transformation into spacious, family-friendly apartments. Early-stage planning enables optimization for modern needs: coworking areas, shared amenities, outdoor spaces, and educational facilities.
* Attractive ROI Potential: Compared to overbuilt urban markets, this project offers significantly lower entry costs with strong long-term appreciation and rental demand. The proximity to Sofia makes it viable for both residential sales and long-term leasing.
* Community-Driven Appeal: Buyers and renters are increasingly drawn to community-oriented developments, especially those offering safety, space, and lifestyle benefits for children—making this a strong differentiation point.Strategic Exit OptionsWhether selling individual apartments, retaining units for rental income, or positioning for a future hospitality or coliving conversion, the project offers multiple exit routes with solid upside potential.

We make this easier for you:
- 1 year purchase option available for €50,000 to be applied towards future sales price to allow you to promote to buyers and prepare plans.- Local contacts for architect, technical specialists, lawyer and building companies can be provided to help develop the project.- Seller financing available (3 years, 10% p.a.) for qualified buyer with 25% deposit and secured by mortgage.