Business building close to the sea

Luximmo Finest Estates is presenting to your attention this business building with unique architecture located in Gratska Mahala quarter in close proximity to the famous Sea Garden - one of the symbols of Varna city.

The area is extremely communicative being one of the oldest and most prestigious regions in Varna. It is characterized with high concentration of administrative and business buildings, hotels, restaurants, bars, cafes, nightclubs etc. The building is set a few meters from the coastal pedestrian alley and the town beaches, the Navy Museum, the Aquarium, the Festival and Congress Center, the high schools and Universities, the Port and the Train Station.

Nearby is the famous “Knjaz Boris I” boulevard - the principal thoroughfare of the city. Here one could find some of the most expensive fashion boutiques and cafes, the Opera, the Dramatic Theater “Stojan Bachvarov” etc.

The building itself is a monument of culture. It has a built up area of 135 sq.m and a yard of 265 sq.m. Currently its total built up area comes to 715 sq.m. The building consists of a basement, a ground level and three floors.

A working project has been prepared for renovation and additional construction up to 1080 sq.m of total built up area and this project has been agreed with all necessary institutions. After the completion of this project the building will feature a basement, a two-storey ground level and four floors.

This property is extremely suitable for offices, but also for residential units.

The building is offered with a project and Permission for Construction.

Reservation & Agency Commission

You could reserve this business building in Varna immediately by providing a deposit of 30 000 EUR, payable by credit card (VISA, MasterCard) or bank transfer to the bank account of the developer. Upon paying the deposit the building 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.

Luximmo Finest Estates charges 3% agency commission for this building in Varna, payable when the first installment is due.

The building comes with percentage of the land it is 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.

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.