Coral Residence is the New Planex Invest’s Residential Project in Varna

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Fresh air, sea panorama and the tranquillity of Briz quarter are the advantages of this residential complex.

After a 10% increase in real estate transactions in Sofia in 2017, the same upward trend is showing in Varna. The city's growth potential in the sector is already observed by the market specialists. The number of off-plan sales is on the rise, indicate data from the Registry Agency. There is less interest in buying old homes at the expense of new build properties. The activity of the real estate market in Varna continues to increase. There are several key factors stirring the process. Main reason is the massive supply of housing loans with interest rates lower than 4%, along with return of confidence in residential properties as an investment opportunity. Two and three bedroom apartments are the most sought-after in the city of Varna, property location remains a major factor in choosing a home.

Planex Invest is an investment consultancy company with 26 years of experience as a company providing quality construction, one’s own architectural style design and environmental approach. Its residential projects are tailored to the preferences and requirements of modern urban living.

Coral Residence – the Company’s new residential project, is a contemporary gated community type of complex, located in one of the most prestigious neighbourhoods of the city, Briz quarter (Saint Nicholas area), in close proximity to Knyaz Boris I Blvd. The Sea Garden, the beach promenade, restaurants and a shopping centre with a variety of small shops are within a few minutes walking distance.

The complex consists of two low-rise buildings facing southeast. The facade features a unique design following the structure of the sea coral. Almost all apartments have southern exposure and a sea view. The courtyard in-between the buildings is a richly landscaped park with recreational areas, an outdoor pool and a children's playground. The complex is a gated community type with controlled access and smart video intercom system. Full maintenance, cleaning and management is provided.

There are 63 two bedroom, three bedroom and four bedroom apartments designed at the Coral residence with floor area of 60 to 220 sq. m. Completion date of the residential complex is set for the end of October 2019.

Planex Invest constructs its unique buildings using modern technologies and materials, meticulous execution and innovative architecture.
This is precisely what the modern citizen of a big city is looking for – a welcoming and protected environment for his home, a place providing peace and rest. The convenience of facilities is delivered not only in the privacy of one’s own dwelling but in the disposition of the common areas of the building. Property location contributes for easy access and fast commute to the city centre, excellent panorama and fresh air elevating residents’ quality of life.

Sales information is available at: Tel. 052 610 746 and tel. 088 212 2212, e-mail or