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in Varna and the region, Bulgaria - Suprimmo.net
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Bulgaria's coastal capital is still as popular as it ever was - because of the fine climate, sustainable building and a dynamic but much more relaxed way of life than Sofia, the capital. Varna is the focal point for a number of innovative trends and constant growth, and as such is a popular area for buying properties for personal residential use or investment. Read more
The most popular types of real estate in Varna
- The leading trend in Varna's property market are new build residential apartments in gated complexes.
- 70-80 square metre apartments are the most popular. You'll find a large range of them on offer in our portfolio.
- There's also quite a high demand for budget one-bedroom apartments in popular areas for rental income.
- There's still significant interest in luxury properties in the city centre.
- One of the premium features for properties in a coastal town like Varna is the view.
Varna and the surrounding area
Varna is one of the most important university centres in Bulgaria. It has 8 colleges of higher education where thousands of students from all over the world come to study. This fact strongly influences the dynamics of the property market in the city. Varna and its surrounding areas provide a wealth of opportunities to visit places of historic interest, natural beauty, and also restaurants and entertainment. Three are a resort complexes near Varna, including "St. Konstantin and Elena", "Sunny Day" and "Golden Sands".What documents do you need to buy a property?
To complete a real estate transaction (purchase, mortgage, financing, and loan refinancing), you need to provide the following documents:Tax assessment certificate pursuant to Art. 264. para. 1 of the TIPC (Tax and Insurance Procedure Code). The application for tax assessment of the property is submitted in Varna Municipality and is issued within two weeks. In order to apply for a property tax assessment, you need to submit a standard template. ID document (if necessary, a copy of a notarized power of attorney), a copy of the documents certifying ownership.
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