House Floor for Sale in Varna, Center
Third Floor of a Listed Corner Building with Development Rights on Maria Luiza Blvd for Sale in Varna, Center, Bulgaria
The self-contained third floor of a house at 12 Maria Luiza Boulevard in Varna, sold by the owner with no commission. There is an approved project from the Ministry of Culture, required for 100% Ministry funding of the restoration – the same scheme under which neighbouring buildings are being restored. The building is listed as an immovable cultural monument and is exempt from property tax.
The building is in the very administrative centre of Varna, on the corner of Maria Luiza Boulevard and Dragoman Street, close to Varna Municipality and the pedestrian section of Knyaz Boris I Boulevard near the Lawyers’ Garden. It is a freestanding building with four facades on a 415 sq. m corner plot. Zoning allows a floor area ratio of 5.0 and up to 80% site coverage, for a permitted above-ground built-up area of 2,060 sq. m.
The third-floor home is 158.86 sq. m including its share of common areas, plus a 6.3 sq. m cellar – 165.16 sq. m in total – together with a 25% share of the building rights on the plot. Access is via the main entrance from Maria Luiza Boulevard. The floor has two separate electricity meters and its own water meter. It has been cleared and is ready for renovation. No VAT is charged on the price.
Property Details
- type: house floor in a listed building
- floor area: 165.16 sq. m including cellar
- 25% share of building rights on a 415 sq. m corner plot
- approved restoration project with Ministry of Culture funding
- prime central location, ready for renovation
- price: €330,000