1- and 2-bedrooms apartments

This new building in Tsveten Kvartal, Varna is a fascinating mixture of modern architecture, environmental beauty and incredible peacefulness. The air, privacy and spacious interiors secure an atmosphere of relaxation, comfort and well-being after a long day at work. What more you could wish in order to call this place your home…

Ecologically clean area…Spacious and sunny living rooms

This contemporary off-plan 5-storey building benefits from its convenient location in one of the very peaceful and ecologically clean Varna districts called Tsveten Kvartal. It is distanced at 3.5 km away from Varna city center and is surrounded by green.

The development, which is still in the process of construction, features a 5-storey building with 23 units (studios, 1-and 2-bedroom apartments) starting at 74 sq.m. up to 105 sq.m. Due to the tasteful and functional architecture the rooms will offer plenty of light and space, and through the balconies an exceptional panoramic view is revealed to the Varna lake and the city of Varna itself.

The apartments are offered finished according to the Bulgarian State Standard (plastered walls and ceilings; electricity and water supply connections etc.).

There is a parking space available for each apartment and it is included in the price.

The building is due to receive Permission for use until the end of 2010.

Reservation & Agency Commission
You could reserve an apartment in this building immediately by providing a non-refundable deposit of 3% of the price, payable by credit card (VISA, MasterCard) or bank transfer to the bank account of the developer. Upon paying the deposit the apartment will be reserved for the period of 14 days and after that the buyer will have to sign the preliminary contract and to pay the next installment according to the payment plan.

Bulgarian Properties charges 3% agency commission payable when the first installment is due.

The apartments come with percentage of the land they are built on. Thus the clients will need to set up a Bulgarian Ltd. company. This company will buy the property and will own the land. You will be the owner of the company and, respectively, of the land. Our lawyers will help you set up the company and will do all the necessary procedures to obtain the property on your behalf. Please contact your agent for further details.

Payment plan
• 3% non-refundable deposit upon reserving the apartment
• 37% of the price upon signing the preliminary contract (the 3% reservation is deducted from that installment and 3% agency commission is paid at that stage)
• 40% of the price at reaching the shell stage (Notary Assignment 14)
• 10% of the price upon completion of the project and receiving of Notary Assignment 15
• 10% of the price upon full completion and receiving of Notary Assignment 16 (approximately July 2010)

Prices, Sizes, Availability (constantly updated and valid!)
All prices include VAТ. The total price paid will be fully indicated on your title deeds. Additional costs, notary fees, local tax and stamp duty are approximately 5% on top of the purchase price and there are no other hidden costs.