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ID> VAR00007 ::: VARNA SAUTH BAY RESIDENCE



Object Data
ElevatorYesAir ConditionYes
Cable TV / SatYesDSL / InternetYes
BalconyYesTerraceYes
Swimming Hall / PoolYesGardenYes
Parking LotYesGarageYes

Description
Welcome to Bulgaria and the Varna South Bay Beach Residence, the most exciting modern beachfront luxury condominium project yet on the Bulgarian Black Sea coast.

Varna is Bulgaria's Sea Capital. The city is clean and green. Of the green miracles at least three are a must: the Marine Gardens which are the largest in the Balkans. Varna is a city of old culture, living traditions and ambitious undertakings. It is the third biggest city in Bulgaria after Sofia and Plovdiv. It is situated on nearly 29 sq. km and its population is 400 000. Terminal station on the railway lines Sofia-Varna and Rouse-Varna, a sea port, an international airport, second in traffic after Sofia.

Varna is famous for its nightlife and glamour. World-class clubs, restaurants and shopping all lie just across the crystal blue expanse of Varna South Bay. The spectacular waterfront location of Varna South Bay Beach Residence gives residents the luxury of being close to the energy of the city, yet just far enough away to escape, unwind and relax.

Varna is one of the most dynamically developing Bulgarian towns with good road communications, well organized air, sea and railway transport. The town is the third biggest industrial center in the country with busy shipping, shipbuilding and ship-repair activities.Much of Varna's charm is due to its seaside location, roughly on the same parallel as the French Riviera.Varna is the gateway to the nearby beach resorts of St. Constantine/Sunny Day, Golden Sands/Riviera and Albena.Thousands of holiday-makers from Bulgaria and abroad stay there every year.

The Varna South Bay Beach Resort is easy accessible by road and less than 20 minutes from Varna International Airport. It will be constructed on a slightly elevated area overlooking the beach with undisturbed sea view from the resort and the vast majority of the apartments (80%). A ferry shuttle service will connect Varna South Bay to the city centre (less than a kilometer as the crow files).

The Bulgarian property market and the Black Sea Coast are maturing with new developments coming onto the market at a level of quality and design not previously seen in the country. The EU membership in 2007 has provided for increased confidence for overseas buyers and more sophisticated areas along the coast line is discreetly developing. Other than the Varna South Bay Beach Residence there are ongoing and planned developments in the area south of Varna city which will be an added attraction of the location.

Bulgaria is second only to Iceland in thermal springs. Spa and wellness tourism combined with golf is at the top of the country’s official tourisms agenda. The healing properties of the hot mineral springs have been known and exploited since Roman times and modern Bulgaria is a top of destination for health tourism.

The Varna South Bay Beach Residence will feature a modern professionally designed 1 000 sq m spa centre directly accessible from the central buildings. All kinds of water sports activities – fishing, waterskiing, scuba diving, and windsurfing – can of course be enjoyed along the coastal areas.

The majestic building complex Varna South Bay Beach Residence is located right on the beach south of the City of Varna offering expansive sea views in truly unique and private settings. Varna South Bay Beach Resort will have all amenities to be expected from a 5-star project and will be equipped with in- and outdoor swimming pools, a lavish 1 000 sq m spa centre, fitness centre, shopping areas, restaurants and, of course, underground parking and garages.

The project is divided into 417 apartments ranging in sizes from 60 sq m to 300 sq m penthouses with a total residential area of 38 000 sq m and 2 000 sq m allocated for commercials. The prices start from 1650 euro per sq m up to 1794 euro per sq m.

Five star luxury at affordable prices in a region with vast potential is what Varna South Bay Beach Residence is all about. It is one of the first of a new generation of developments in Bulgaria which in terms of building quality and design is on a par with any of the world-class developments built in more established overseas locations. The majestic buildings will be constructed according to highest European building standards in superior and durable materials. All apartments have terraces and the vast majority /80%/ have unimpeded sea view and penthouse terraces are fitted with built-in Jacuzzi.

About Varna South Bay Residence

  • 5 star residential luxury complex;
  • 43 000 sq m total build up area;
  • 417 one, two and three bedroom condominiums and duplex penthouses;
  • Terraces on all units, sea view from 80 %;
  • 2 000 sq m commercial areas - restaurants, shopping areas;
  • Lavish 1 000 sq m spa centre;
  • In and outdoor swimming pools;
  • Fitness facilities and cardio theatre;
  • 5 km far from Varna city;
  • 20 minutes far from Varna International Airport;
  • A ferry shuttle service will connect the complex with the centre of Varna;

Type of completion: “turn key”

  • Floors: entrance – terracotta tiles/granitogress; bedrooms/living rooms – laminated parquet;
  • Walls – latex painted;
  • Ceilings – latex painted;
  • Windows – PVC double glazing;
  • Entrance doors – fire resisting, locked system;
  • Interior doors – MDF;
  • Kitchen – fully equipped with kitchen cupboards, refrigerator, hot-plates, cooking range, extractor fan;
  • Bathroom/WC – fully finished with terracotta and faience and equipped with the necessary sanitary;
  • Electrical installations – fully finished, installed wall-plugs and switches;
  • Water installation – fully finished;

Completion date: December 2011

Payment Plan


  • 1 000 euro – deposit (for 3 weeks);
  • 40 % of the asking price – upon signing the preliminary contract;
  • 20 % of the asking price – upon completion of the rough construction (Act 14);
  • 30 % of the asking price – upon obtaining Act 15;
  • 10 % of the asking price – upon obtaining Act 16;

Prices from 91,000 – 440,000 €

The Varna South Bay Beach Resort is one of the most exciting new high-end building projects to arrive on the Black Sea coast in recent years. The architectural designs, the works of a prize winning architect, will be executed in superior building materials by a constructions group with a stellar reputation and impeccable building record.

Top quality resort schemes are underway along the Black Sea coast attracted by the unique combination of glorious climate, low expense, and, pure and simple, an extremely pleasant place to be. A universally known designer consortium recently labeled the Black Sea coast as “Probably the most exciting property frontier in the World today”.


Financial Information


Contact Address
First Line BG Property
4000 25A Maria Luiza Blvd.
Plovdiv
Bulgaria

Phone: +359(0)32266665
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Object Location
Varna
Bulgaria



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