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Business building with two built floors and the possibility of upgrading in the "Greek Quarter" district
REF#VAR-137548 / Office / district Grutska mahala / Varna / Varna region / Bulgaria / For sale On the map
Property type - All
Office
(House, Business, Commercial property, Building)
Location
district Grutska mahala / Varna / Bulgaria
Number of floors
3
Elevator
no
Terrace area
70.00sq.m
yes
Total area
179 sq.m
Act 16 received
Price 500,000 €
2,793 €/sq.m
Buyer pays all transaction costs and notary expenses
Request more information or viewing
Senior Consultant / Office Varna
Distance from the property to major attractions
- Town centre: 2.1 km
- Airport : 10.7 km
Views from the property
- Town views
Construction
- Old brick property
The text has been translated into English by automatic software and may contain inaccuracies. You can view the text in the original language or translated into other languages:
The building was built in the period 1925–1930 and is a cultural monument, with a preserved authentic facade and expressive architecture, characteristic of the emblematic appearance of old Varna.
Basic parameters of the property
• Property type - townhouse/representative building;
• Status - cultural monument;
• Construction - brick and concrete;
• Roof plate - metal profiles allowing for superstructure.
Subject of sale:
• Second floor – 89.77 sq.m;
• Third floor – 89.77 sq.m;
• Part of the underground floor (basement) – 40 sq.m;
• Project for the extension of the fourth floor – 60 sq.m.
Condition
• First and second floor – after renovation;
• Third floor – for finishing;
• Underground floor and the planned fourth floor – for renovation and implementation according to the project;
• Plans and projects for renovation and upgrading prepared.
Location – strategic advantage
• Central city area;
• Near Varna port and railway station;
• Excellent transport and pedestrian accessibility;
• An area with a concentration of state, administrative and public institutions.
Potential and possibilities for use
The property offers exceptional flexibility and high investment potential:
• Representative office building for international or Bulgarian companies;
• Notary office, law firm or consulting firm;
• Bank office or financial institution;
• Head office for companies related to logistics, maritime transport and port activities;
• Boutique business center with a limited number of prestigious offices;
• Combined use – administrative and representative.
The architectural character, the possibility of upgrading and the central location make the property a rare opportunity for a long-term investment with high added value.
Additional information
• The building has a second owner who owns the ground floor.
• The sale is aimed at clients with a vision and interest in prestigious and iconic properties.
For additional information, project documentation and to arrange a viewing, please contact the responsible broker for the offer.
Viewings
We are ready to organize a viewing of this property at a time convenient for you. Please contact the responsible estate agent and inform them when you would like to have viewings arranged. We can also help you with flight tickets and hotel booking, as well as with travel insurance.
Property reservation
You can reserve this property with a non-refundable deposit of 2,000 euros, payable by credit card or by bank transfer to our company bank account. After receiving the deposit the property will be marked as reserved, no further viewings will be carried out with other potential buyers, and we will start the preparation of the necessary documents for completion of the deal. Please contact the responsible estate agent for more information about the purchase procedure and the payment methods.
After-sale services
We are a responsible company with many years of experience in the real estate business. Thus, we will be with you not only during the purchase process, but also after the deal is completed, providing you with a wide range of additional services tailored to your requirements and needs, so that you can fully enjoy your property in Bulgaria. The after-sale services we offer include property insurance, construction and repair works, furniture, accounting and legal assistance, renewal of contracts for electricity, water, telephone and many more.
This is the approximate location of the property. Please get in contact with us to learn its exact location.


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