TOP LOCATION PROPERTY FOR SALE in Varna, the Sea Capital of Bulgaria

3 Buildings Package Lot with AIR RIGHTS for Development / Investment / Owner’s Use

There has been no house for sale on this block for more than 90 years. The buildings are passed from generation to generation. All three buildings are in the same lot and are across from the Entrance of the Sea Garden, the Beach and the city center, next to The Summer Theater, The Festival & Congress Center, The University of Economics and of course shops, restaurants, etc.

The plot is at a CORNER with SEA VIEWS and the buildings are mixed use – residential and commercial. This is a package deal because the lot cannot be divided and most likely the new owner will decide to build up or at least keep this option.

LOCATION LOCATION LOCATION

  • The lot of the property is a CORNER lot, with views to the sea and most amazing and unique part of the park – The Alpineum, and the boulevard in particular in its part here combines impeccably the convenience of the amenities in the central part of the city with the Sea Park.
  • As most of the real estate agents know, the CORNER BUILDINGS give more opportunities for building up and many architects talk about UNLIMITED construction.
  • There are 4 buildings neighboring the property – 2 of which are owned by the same owner, the 3-rd one is also for sale and has too many owners and is divided into rooms , and the 4th is the Trade Chamber of the City of Varna  and on the corner there is one tall apartment / office building.
  • So, on this block, the most impeccable location belongs to the first 2 buildings (the corner house the new house on 5 levels), thus they form one much more attractive block. It will allow the future owner to make a larger development since it will allow UNLIMITED construction of both of the buildings.
  • The corner property is after a major renovation – it is appropriate for an office, business, residence – or a combination of any of those and is for sale semi-furnished, and the new house is for sale fully furnished.
MOST INVESTORS WILL AGREE THAT KEEPING A 3-STORY STRUCTURE ON A TOP CORNER LOCATION WOULD BE …. ECCENTRIC. THEY WOULD RATHER DEVELOP AND BUILD UP. ONE OF THE MOST FAMOUS ARCHITECTS DEVELOPED A PLAN FOR A DISTINGUISHED BUILDING ON THIS PRIME LOT THAT WOULD OFFER FULL VIEWS TO THE CITY OF VARNA AND THE SEA. HOWEVER, THE OWNER’S INTERESTS SHIFTED TOWARDS A COMMERCIAL PROPERTY OVERSEAS. WE RESPECTFULLY ASK YOU NOT TO PRESENT OFFERS FOR A BUSINESS PARTNERSHIP BECAUSE THE REASON FOR THE SALE IS ACTUALLY THIS OVERSEAS PROPERTY.

EXISTING BUILDINGS
BUILDING 1 – A TROPHY HOUSE by The SEA GARDEN

Exceptionally rare on the real estate market for sale is a building on the exclusive block in the central part of Varna and the entrance of the Sea Garden.

THE LOCATION combines perfectly the functionality of the building, which is in the immediate vicinity of all institutions, cultural and retail centers. At the same time, it is across the street from the Sea Garden and the beach boardwalk and all the entertainment it has to offer.

It’s a new construction building – a stylish one, with extraordinary finesse and designer work. The building has unique for the area open terraces and exceptionally functional roof terrace on two levels. The exceptionally functional 2-level roof terrace offers 360” panoramic views to the picturesque Varna bay on The Black Sea.

The windows of the house are floor-to-ceiling and are looking at the Alpineum section of The Sea Garden that stretches along the beach of The Black Sea.
The house has 5 levels:

Level 1 offers quite a few options to the owners. It has an exquisite staircase and individual entrance. It could be rented out and to produce income. It’s layout and location are perfect for a spa, a beauty salon or a hair salon. If the owner prefers to keep it private, it is a wonderful option to install an indoor pool. Part of this level is below the street level but it still has lots of sunlight and spacious feeling thanks to its floor-to-ceiling windows that are over 2 m high.

Levels 2,3 and 4 are currently used as residential levels and offer the option to also be used for quite a few commercial purposes. Each level has a bathroom. Levels 3&4 have bedroom and kitchen box. Currently level 2 is set up as an open plan dining and living room. One of its fine features is the French fireplace “Deville”.

Level 5 is a huge open 2-level terrace. The owners can install there a hot tub /jacuzzi/, swimming pool or a barbecue.

The property has Italian furniture and if the future owners fancy the Italian style, they can keep all of it.
If the future owners are interested in purchasing the house next door, the current owner can assist with negotiating a preferential rate and that will allow for unlimited construction on both sites.
This versatile property is suitable for luxury living, for office use or a center with representative functions.

BUILDING 2 – OFFICE BUILDING with CORNER LOCATION

THE MOST BEAUTIFUL ADDRESS IN VARNA IS FOR SALE

The real estate market in Varna finally offers a free-standing building for sale on the most attractive block of the city – across the street from the iconic Sea Garden, right between the Summer Theater and the Festival & Congress Complex. For more than 80 years no building was for sale offered for sale on this block and the properties are passed from generation to generation.

The plot, of course, is at a CORNER with SEA VIEWS and has three independent entrances. The top location impeccably combines the advantages of the Varna’s Downtown and the picturesque Sea Garden, without carrying the risks of a property built within the Sea Garden regarding long-term investments. It is suitable for both commercial and residential purposes and for a combination of both.

The property is newly renovated and holds the air rights for the new owner to build it up. If the new owner wants to expand not only vertically but also horizontally, the Seller may cooperate with negotiating PREFERENTIAL pricing for the neighboring property.

Additional information:

The property has 360 degrees exposure.

It is suitable for business – has parking slots and video surveillance already installed.

The property is semi-furnished with office chairs, chairs, desks, tables, cabinets and leather office furniture in excellent condition.

The building has all essential amenities – electricity, water supply, telephone wiring, light fixtures and A/C installations. It has fully equipped bathrooms. The floors are a combination of granite and laminate.

The property is built in 1928 within a plot of 130 sq meters and the total current building area is 630 sq m.

BUILDING 3 – OFFICE WITH MODERN ARCHITECTURE

The building is a special design by the famed architect Mr. Kosio Hristov, who is the architect of the iconic Festival and Congress Complex in Varna. It offers seamless and streamlined layout.

The LOCATION is unbeatable – in the heart of Varna’s center and right next to The Sea Garden.

The office is for sale fully furnished with ready wiring.
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