The building is situated in the village of Srednogortsi, district of Madan, province of Smolyan in the very heart of the Rhodopi mountain. The village is found 10 km from the city of Rudozem, 5 km from the city of Madan, 26 km from the city of Smolyan, 30 km from the city of Zlatograd and 35 km from the Bulgarian - Greek border at Zlatograd. Near the village the river Cherna flows into the river Arda. The building itself is located about a km from the main road connecting the village to the city of Madan. The building is located in 3 regulated plots with total area of 5 206 sq. m. The building itself represents three floors monolite building with underground floor with contruction area of 780 sq. m. with adjoining ramp and stairs with construction area of 153 sq. m. The total construction is 3 273 sq. m. Due to the fact that the building hasn't been working for a long time a serious renovation and repair works are needed. Additional construction as well as purchase of adjacent properties from the municipality is possible at very attractive prices. There is a new thorough construction design in full for hotel or hostel for elder people, approved from the Municipality of Madan as the floor plan is as follows: underground floor dryers, laundry, 7 storage premises, fireman, heating room, 2 baths with toilets, 2 washing premises, room for the cooks, refrigerator room and an office. First floor 2 locker rooms, showers, 4 rooms for administration, doctor, medical registration, 3 toilets and washing room. Second floor 16 rooms 20 - 26 sq. m., maybe 2 persons per room, living room, 5 storage rooms, doctor and 2 bathrooms with toilets. Third floor 16 rooms 20 - 26 sq. m., maybe 2 persons per room, living room, 5 storage rooms, doctor and 2 bathrooms with toilets.