Investment Opportunity in Varna - PLOT FOR SALE

Panorama City is a premium mixed-use project located in the picturesque Galata neighborhood of Varna. This unique development offers easy and quick access to the city's main transportation arteries, downtown Varna, and Varna International Airport. Situated on a seaside hill, Panorama City overlooks the entire city, providing a serene environment far from the noise and pollution, yet close enough to enjoy all the urban amenities.

Check out he location in Google Maps HERE!

Accessibility

• Varna Downtown: 15 min

• Varna Airport: 25 min

• Nearest Beach: 1.5 km

Varna – Bulgaria’s Seaside Economic and Tourism Hub

Varna is the largest city and seaside resort on the Bulgarian Black Sea coast, with a rapidly growing population of over 350,000. It is a key economic and tourism center, attracting millions of visitors each year. Varna is accessible by air, sea, railroad, and automobile, making it a highly connected city.

Galata – The Neighborhood with a View

Galata is Varna’s smallest and most elite neighborhood, located on the city’s highest coastal point with stunning views of the Varna Gulf. Known for its vivid nature and tranquil environment, Galata is a highly desirable residential area with a population of just over 2,000 people.

DEVELOPMENT POTENTIAL

Project Highlights

• Plot Size: 181,483 sq.m.

• Total Built-up Area: 242,201 sq.m.

• Building Footprint: 41,941 sq.m.

Community and Environment

Panorama City is designed with excellent infrastructure and intelligent master-planning, creating a friendly, secure, and relaxed living environment amidst abundant green areas. The project combines the serenity of nature with modern comforts, offering a harmonious living space. The community is managed by Bulgaria’s leading professionals, ensuring a high quality of life for its residents.

Key Features

• Residential: Multi-family buildings, mixed-use flex buildings, apartment villas, townhouses, live/work units, and single-family houses.

• Social: School, kindergarten, medical services, tennis courts, and swimming pools.

• Offices: Spaces for small businesses and local community needs.

• Commercial & Retail: Cafes, restaurants, hotel, boutiques, supermarkets, banks, and more.

Competitive Advantages

• High Demand: Low local supply coupled with increasing demand for high-quality living premises.

• Quality Product: Attractive project for the regional market with modern infrastructure and good transport accessibility.

• Master-Planned Community: Developed by the renowned U.S. urban planning practice of Duany Plater-Zyberk (DPZ).

• Panoramic Views: Capitalizing on the slope terrain to secure breathtaking views for most inhabitants.

• Flexible Development: The project offers flexibility in development to suit various investment needs.

Investment Opportunity

Panorama City is an ideal investment opportunity with the potential for joint venture structures and co-development. The project's strategic location, coupled with its high-quality design and amenities, make it a standout investment in the regional market.