Apartment for sale in Varna

This refined residential building is conveniently situated downtown Varna allowing fast and easy access to the commercial and administrative attractions of the city, as well as to the most popular place for relaxation in the summer capital of Bulgaria- the Sea Garden. Nearby, one could find Majakovski Library, the supermarket Piccadilly- Chataldja and the City Hospital.

The area of the supermarket Piccadilly-Center has gained great popularity due to the excellent infrastructure including different bank branches, medical centers, bus stops and easy access to the major commercial boulevard Knjaz Boris 1. The buildings of the Technical University and the Institute for Sanitary Control are also located in this region.

The building consists of one ground level and six residential floors. Each residential floor features three apartments with an area from 35 sq.m up to 95 sq.m, with one or two bedrooms respectively. There is a tower built on the top floor revealing an amazing panoramic view. Offices and garages occupy the ground level. The basement consists of cellars and parking spaces accessible via auto-platform. This exquisite residential building is set on two peaceful streets and has south-eastern/north-western disposition. The whole building will be equipped with air-conditioning system.

The finishing works of the apartments will fully comply with the client’s choice in order to reach the maximum level of comfort corresponding to the personal taste.

Completion of the project: January 2010

Reservation & Agency Commission

You could reserve an apartment in this residential building immediately by providing a non-refundable deposit of 3% of the price, payable by cash, 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 7 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 an apartment;
• 37 % of the price upon signing the preliminary contract (the 3% reservation fee is deducted from this installment and 3% agency commission is paid at that stage);
• 45% of the price upon reaching the shell stage and receiving Notary Assignment 14;
• 10 % of the price after all PVC windows have been placed and water/electricity installations fully provided;
• 5% of the price upon completion of the project and receiving of Notary Assignment 15.

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 4-6% on top of the purchase price and there are no other hidden costs.

There are also underground parking spaces available for sale, accessible via auto-platform. Price: 15 000 Euro each