How often does a property in an iconic building – a cultural monument – appear on the market, which not only has a prestigious address, but also offers a real opportunity to increase its value?
We present to you an investment opportunity that can hardly be repeated.
The subject of sale are the second and third floors of a representative historical building in the city of Varna, together with ownership of the attic floor and the right to upgrade – a rare asset in the central part of the city.
The second floor has an area of 81 sq. m and is functionally organized as an office space, including a reception room, a service room and two separate work areas. The property is suitable for both immediate use and for transformation into boutique residential or representative areas.
The third floor has an area of 71 sq. m and is a free space, ready for redevelopment according to the concept and needs of the future owner. Here, the possibilities are limited only by the imagination of the investor.
But the most valuable asset is yet to come.
The property includes an attic floor with the right to upgrade, and a technical project has been prepared for its implementation, which has already been approved by the Ministry of Culture. Do you know how difficult and time-consuming it is to go through such a procedure? In this case, the most complex administrative part has already been completed.
This is a property that offers not only square meters, but also the opportunity to create greater value:
• Representative administrative building
• Boutique offices
• Art space or gallery
• Luxury city apartments
• Mixed investment project with future capital gain
While most investors buy square meters, the best ones buy potential.
The question is: will you wait for someone else to recognize the opportunity before you?
Situated in the historical core of Varna, near the main pedestrian zone. It is located in an environment saturated with cultural monuments.
An emblematic building, a cultural monument, built in the period 1925-1930.
Prepared technical project approved by the Ministry of Culture - for major repairs and reconstruction of the roof structure.
Call now and quote this code 666218
Quick inspections at a time convenient for you - ADDRESS consultants work with a large percentage of their own and exclusive offers, they have a key to the properties and this allows them to offer flexible and individual solutions. In all cases, inspections will be done at a time convenient for you.
Professional market and legal consultation - Address has a full range of specialists who accompany the entire process of concluding a transaction - from the selection of the appropriate property to the confession itself.
Assistance in using bank financing, thanks to a partnership with Credit Center - Address will provide you with the opportunity to get the most advantageous mortgage loan for you.
Protection of your interests and prevention of unprofitable steps - Adres employs professionally trained consultants who know well the most advantageous conditions that you can get for the particular property at the particular moment.
Track the price changes of the offer from the moment of its creation.
from the initial price
The property price of 456 000 € is 90 438 € (17%) below the market price
*The market valuation is formed from listings published on Realistimo.com. The data is normalized - price anomalies and false listings are removed. See price statistics for this city
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