The Property:

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 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;

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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;

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Payment Plan

- 1 000 euro – deposit;
- 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;

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”.

Completion date: December 2011