Kranevo is a little haven, nestling between Golden Sands and Albena. Close to the site of a Roman fortress, and the fertile valley of the River Batova, the village has a sense of tradition and peace.   Whitewashed buildings with red-tiled roofs and chocolate-brown timbers look paint-box bright against the Prussian-green hillsides. In Kranevo village the hotels and restaurants tend to be small and family-run. Visitors are greeted with genuine warmth, and are treated to wholesome Bulgarian cuisine. Indeed, herbs and fruits scramble among aubergines, peppers and vines in most of Kranevo’s kitchen gardens. Nearby places of interest include the dramatic Stone Shore, with its Thracian necropolis and ancient cave-dwellings; and Kaliacra Cape, with its 2 kilometre rocky peninsula, which ends with a 70-metre vertical drop. With its sweeping gold beaches, safe shallow waters and charming little campsites, one might choose to stay in Kranevo forever. While extremely close to Golden Sands and Albena, Kranevo is also a million miles away.

Marina Bay was inspired by Marbella, on the south coast of Spain, which continues to attract highly discerning clients Location, design and attention to detail are fundamental to our corporate philosophy, of which we are justifiably proud. With these central tenets in mind, we are now focused on creating a new market trend in superior residences on the Black Sea coast. Ideally-positioned on a wooded hillside, Marina Bay affords residents glorious views across the bay of Varna and the picturesque village of Kranevo. The silver-gold beach is only a five-minute walk from the development, and the village shops, restaurants and holiday amenities are all easily accessible. With extreme consideration for the beauty of the area, we have situated Marina Bay within extensive, handsomely-landscaped gardens, complete with swimming pools and a play-area for children. A gated community with a 24-hour security service, Marina Bay exudes peace and exclusivity. Moreover, with its close proximity to Varna International Airport (28km), and a plethora of golf-courses, parklands and monuments, Marina Bay represents an inordinately exciting investment opportunity.

A gated community with 24-hour security, 5 swimming pools and a playground for children, Marina Bay has been designed to provide high-quality, luxury living. The 453 apartments have been arranged in 30 strategically-placed buildings, each with a maximum of 5 levels. While our 28.000m2 plot offers the possibility of a larger urbanization, building volume has been sacrificed in order to preserve the beauty of the area, and to provide our clients with peace, privacy and extensive, landscaped, community gardens

 

TECHNICAL SPECIFICATION

Foundations of high-quality reinforced concrete, protected with high quality waterproof insulation.

Superstructure incorporating earthquake protection system.

Roof protected with high-quality waterproof insulation and covered with red ceramic tiles. Rainwater disposal system includes metallic gutters.

Drainage and sewage systems underground . Connected to the municipal network

Water and electricity systems in accordance with Bulgarian regulations. Pipes, cable and conduits are hidden. Switches, wall plugs and light-fixtures installed. 220 v European standard sockets with earth connection. TV, telephone and internet cables pre-installed. Video entry phone. Connection to the national water and electricity utility networks.

Walls constructed in red ceramic bricks. Thermo-insulated outside walls. Inside walls and ceilings finished with rough and smooth plaster. White latex painted ceilings. Uniform neutral colour to inside walls.

Façades , according to Bulgarian regulations incorporate thermal insulation, covered with mineral render.

PVC windows with double glazing.

Front door with security lock system.

Internal doors MDF laminated, fitted with complimentary ironmongery.

Cream marble floor in entrance, corridor, kitchen, living room and bedrooms.

Bathroom walls and floors finished with attractive ceramic tiles. Shower unit, toilet, washbasin, monobloc tab and shower equipment in every bathroom. Suspended ceiling with lighting system.

Fitted kitchen includes low and high level wall cupboard units in laminated MDF. Quality worktop and sink with tab. Hob, cooker extractor hood and fridge from quality brands.

Terrac e floors of concrete structure, finished with atractive ceramic tiles. Railings in cast iron

Hot/cold air conditioning system installed in the living room.

Communal stairs and entrance halls of concrete structure, finished with atractive ceramic tiles. Elevators in every block. Stair rails in metal or glass. Central lighting operable on every floor.

Five swimming pools with separate zone for children.

Security gates guarded 24-hours.

Landscaped communal gardens and green areas with benches and soft lighting.

 

All apartments will be finished at “turn key”

Maintenance fee is 12 Euro per sq.m. for common parts annually.

The complex offers a common parking zone.

Payment plan A

• 40% of the purchase price upon signing of preliminary contract

• 20% of the purchase price upon obtaining Act 14  

• 20% of the purchase price when the building is at shell stage with all walls and roof completed

• 20 % upon obtaining Act 15 and signing of the Property Notary Deed  

Payment plan B

5 % discount

·  70 % of the purchase price upon signing of preliminary contract

·  20 % of the purchase price upon obtaining Act 14  

·  10% upon obtaining Act 15 and signing of the Property Notary Deed  

 

Completion date : May 2009

 

Prices and Availability

Block 1

 

Ground Floor

Apartment 101 , two bedrooms, net area: 72.05 sq.m., total area: 81.82 sq.m. Price: 118 000 Euro

Apartment 102 , studio, net area: 42.40 sq.m., total area: 48.41 sq.m. Price: 69 500 Euro

Apartment 103 , studio, net area: 42.40 sq.m., total area: 48.41 sq.m. Price: 69 500 Euro

Apartment 104 , two bedrooms, net area: 65.75 sq.m., total area: 74.67 sq.m. Price: 107 500 Euro

First Floor

Apartment 111, two bedrooms, net area: 74.40 sq.m., total area: 85.34 sq.m. Price: 127 000 Euro

Apartment 112 – Reserved

Apartment 113 – Reserved

Apartment 114 , two bedrooms, net area: 68.10 sq.m., total area: 78.12 sq.m. Price: 116 500 Euro

Second Floor

Apartment 121 , one bedroom, net area: 69.20 sq.m., total area: 79.51 sq.m. Price: 122 500 Euro

Apartment 122 – Sold

Apartment 123 , one bedroom, net area: 62.85 sq.m., total area: 72.22 sq.m. Price: 111 000 Euro

Third Floor

Apartment 131 , one bedroom, net area: 51.50 sq.m., total area: 58.78 sq.m. Price: 96 500 Euro

Apartment 132, duplex, net area: 83.55 sq.m., total area: 95.40 sq.m. Price: 156 500 Euro

Apartment 133, duplex, net area: 67.80 sq.m., total area: 67.80 sq.m. Price: 127 000 Euro

Apartment 134 , one bedroom, net area: 51.50 sq.m., total area: 58.78 sq.m. Price: 96 500 Euro

Block 2

 

Ground Floor

Apartment 201 , two bedrooms, net area: 65.75 sq.m., total area: 75.30 sq.m. Price: 108 500 Euro

Apartment 202 , studio, net area: 42.40 sq.m., total area: 48.90sq.m. Sold

Apartment 203 , studio, net area: 42.40 sq.m., total area: 48.90sq.m. Price: 70 500 Euro

Apartment 204 , two bedrooms, net area: 65.75 sq.m., total area: 75.30 sq.m. Price: 108 500 Euro

First Floor

Apartment 211 , one bedroom, net area: 61.15 sq.m., total area: 71.05 sq.m. Price: 106 000 Euro

Apartment 212 – Sold 

Apartment 213 – Sold

Apartment 214 , one bedroom, net area: 61.05 sq.m., total area: 70.94 sq.m. Price: 105 500 Euro

Second Floor

Apartment 221 – Sold

Apartment 222 – Sold

Apartment 223 , one bedroom, net area: 52.70 sq.m., total area:61.25 sq.m. Price: 94 500 Euro

Third Floor

Apartment 231 – Reserved

Apartment 232, duplex, net area: 67.80 sq.m., total area: 78.38 sq.m. Price: 128 500 Euro

Apartment 233 – Sold 

Apartment 234 , one bedroom, net area: 51.50 sq.m., total area: 59.37 sq.m. Price: 97 500 Euro

Block 3

 

Ground Floor

Apartment 301 , two bedrooms, net area: 65.75 sq.m., total area: 75.30 sq.m. Price: 108 500 Euro

Apartment 302 – Sold 

Apartment 303 , studio, net area: 65.75 sq.m., total area: 48.90 sq.m. Price: 70 500 Euro

Apartment 304 , two bedrooms, net area: 65.75 sq.m., total area: 75.30 sq.m. Price: 108 500 Euro

First Floor - Sold

Second Floor

Apartment 321 – Sold 

Apartment 322 – Sold

Apartment 323 , one bedroom, net area: 52.70 sq.m., total area: 61.25 sq.m. Reserved

Third Floor

Apartment 331 – Sold 

Apartment 332 – Sold 

Apartment 333 – Sold

Apartment 334 , one bedroom, net area: 51.50 sq.m., total area: 59.37 sq.m. Price: 97 500 Euro

Block 4

Ground Floor

Apartment 401 , two bedrooms, net area: 65.75 sq.m, total area: 74.67 sq.m. Price: 107 500 Euro

Apartment 402 , studio, net area: 42.40 sq.m., total area: 48.41 sq.m. Price: 69 500 Euro

Apartment 403 , studio, net area: 42.40 sq.m., total area: 48.41 sq.m. Price: 69 500 Euro

Apartment 404 – Sold

First Floor

Apartment 411 – Reserved

Apartment 412 – Sold

Apartment 413 – Sold

Apartment 414 – Sold

 

Second Floor

Apartment 421, two bedrooms, net area: 62.85 sq.m. total area: 72.22 sq.m. Price: 111 000 Euro

Apartment 422 , two bedrooms, net area: 78.20 sq.m. total area: 90.31 sq.m. Price: 139 000 Euro

Apartment 423 – Reserved

Third Floor - Reserved

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