Investment Property in Bulgaria

Locations - Varna

Major tourist destination

Varna is known as the ‘gem of the Black Sea Coast’ and is one of Bulgaria’s major tourist destinations. It has sandy beaches as well as the facilities and attractions that one would expect from Bulgaria’s third-largest city (after Sofia and Plovdiv). Varna International Airport offers flights to and from the UK.

Ancient history

The city dates back to 580 BC when it was established as a Greek trading base. Varna is seen as a centre of great historic interest with many amazing archaeological finds having been made in and around the city, including the oldest gold treasure ever found.

Varied attractions

Visitors to Varna today can enjoy attractions that range from the historical and cultural (such as mausoleums, museums, cinemas, theatres and opera houses) to the wealth of eateries and nightlife one would expect to find in a vibrant city. Alternatively, Varna is also a popular sporting town with activities ranging from football to beach volleyball.

‘Summer capital’ of Bulgaria

Varna is referred to as ‘the summer capital’ of Bulgaria as the city really comes alive in this season. Tourists come to enjoy the buzzing nightlife of its street cafés and bars, whilst being in close proximity to the beach resorts of the Varna region.

International flavour

A growing number of overseas purchasers looking to buy property in Bulgaria are choosing Varna and its region as their preferred location. These expatriates are giving Varna an increasingly multicultural feel, reflected in the array of different cafés, bars, restaurants and clubs in the city all offering a taste of different cultures. Indeed, it is second only to Sofia in terms of international residents.

Strong economy

Varna has a strong economy which is largely built on tourism, but also on trade and transportation thanks to its strategic positioning as a port city. In 2004, Varna was named by FDI magazine as ‘European City of the Future’ because of the strength of its economy and its positive prospects for the future.

Related items

Documents and Reports
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Bulgaria country guide (995Kb)

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Bulgaria property buying guide (687Kb)

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