House for Sale in Varna, Gratska mahala
Historic 1910 Building by Architect Nikola Lazarov in Gratska Mahala for Sale in Varna, Varna Province, Bulgaria
The owner is selling (or offering on a long-term lease) the building at 10 Preslav Street in Varna, built in 1910 to a design by the renowned architect Nikola Lazarov for the well-known Varna merchant and public figure Nikola Yuchormanski. From the time it was built, the building became a landmark of the street. About 25 years ago it was thoroughly renovated by a bank, both structurally and with attention to every detail. It has since undergone two more reconstructions, the latest in 2025, when the facade was fully restored.
The building has a footprint of 340 sq. m and consists of a ground floor with a mezzanine, three floors with 3.25 m ceilings, a fifth attic floor with ceiling heights from 1.80 m to 5 m, and a basement (not included in the stated built-up area). It is in excellent condition and is currently used by a bank. The property is suitable as a multi-family residential building, office building, hotel, clinic, consulate, kindergarten, school and more. No VAT is charged on the stated price.
Property Details
- type: historic building (built 1910, facade restored 2025);
- footprint: 340 sq. m;
- floors: ground floor with mezzanine, 3 floors, attic floor, basement;
- currently used by a bank, excellent condition;
- suitable for residential, office, hotel, clinic and other uses;
- also available for long-term lease;
- sold by the owner, no VAT on the price;
- price: €3,990,990.