The property is located in the regulation of Elena and is situated between an asphalt road (the old road to V.Tarnovo) and the river Elena. It is situated on the edge of the town in the direction of the dam. Yovkovtsi (3 km. from it) and is bordered by deciduous and coniferous forests under Natura 2000. The property is intended for residential development, and is extremely favorable for a villa village for guests, hotel, restaurant and a place for active recreation. Availability of electricity and water supply. The owner has developed a conceptual project for a guest house village which includes: - 10 energy-saving guest houses made entirely of wooden construction and ecological materials on one floor, each one with a floor area of 60 m2. - Outdoor swimming pool of 70 m2, with the possibility of heating the water to 30o C. - Outdoor Finnish winter sauna - Sports playground - Children's playground - Indoor parking for guests. - Storage rooms and service building with laundry room. - Sewage treatment plant for 20 equivalent residents. - Heating/cooling system of the whole complex using geothermal energy. Conceptual architectural and actual structural designs of the buildings have been developed, which designs are subject to additional payment to be negotiated between the seller and buyer upon interest. Seller