Rhapsody is a new premium residential building in the Vazrazhdane 3 district of Varna: 142 apartments in three entrances and 14 floors, energy class A+, with Act 14 planned for 31 December 2027 and Act 15 for 30 September 2029. Buyers can choose between four payment plans, from staged instalments to a bank loan at Act 14. This guide explains what the building offers, how the payment plans work, what to check before reserving, and what an off-plan purchase means in practice. Bulgaria Estate handles enquiries for the project; the full project page is at bulgaria-estate.com/landings/rhapsody/.
Rhapsody at a Glance
- Location: Vazrazhdane 3 district, Varna. The exact address is given when a viewing is arranged.
- Size: 142 apartments in three entrances and 14 floors, on floors III–XIV.
- Apartment types: two-room, three-room and four-room (penthouse) apartments. According to the project page, 136 of the 142 apartments were available at the time of writing.
- Commercial space: two retail units and one garage.
- Parking: over 140 parking spaces on five levels, with underground and above-ground zones.
- Energy class: A+.
- Developer: a company with 26 years of experience in building.
Apartment Types and Prices
The project page describes three main types:
- Type A, two-room: about 65 m² with a terrace.
- Type B, three-room: about 95 m², two bedrooms and a wide south-facing terrace.
- Type C, penthouse: about 140 m² with a 360° panorama and large terraces.
As a price reference, our listing for a two-room apartment on the third floor (64.25 m² total, 55.61 m² net, east-facing) is priced at €123,000, which is roughly €1,900 per square metre. Parking spaces are sold separately, from about €17,000. Prices depend on the apartment and the payment plan, so ask for the current official price list before comparing units.
The two retail units are listed at €215,000 for 79.59 m² total and €358,700 for 143.48 m² total, roughly €2,500–2,700 per square metre. The garage is priced on request.
What the Specification Means in Practice
- Energy class A+: walls with a heat-transfer coefficient of U ≤ 0.18 W/m²K and windows at 0.5–0.6 W/m²K, which means lower heating and cooling costs than older buildings.
- Windows: seven-chamber PVC frames with 48 mm triple glazing, which together with the masonry give a stated sound insulation of 52 dB.
- Facade: a combination of silicone render, ceramic cladding and ETALBOND® A2 aluminium composite panels with fire class A2-s1,d0.
- Structure: reinforced concrete designed for seismic degree 9, with Wienerberger masonry and mineral wool insulation.
- Technology: electrical installation prepared for a KNX smart home, infrastructure for electric-vehicle charging points, and fibre-optic internet to each home.
- Parking and security: direct access from the garage level to the lifts, 24/7 video surveillance and CO-sensor ventilation.
The Four Payment Plans
Rhapsody offers four plans, which tie the payments to construction milestones:
- Instalments: 30% at the preliminary contract, 20% when the roof slab of the 7th floor is cast, 30% at Act 14 and 20% at Act 15.
- Early payment: 80% at the preliminary contract and 20% at Act 15.
- With a bank loan: 30% at the preliminary contract and 70% with a loan at Act 14, at the prices of the first plan.
- Late payment: 20% at the preliminary contract and 80% at Act 15.
The reservation deposit is €5,000 for a two-room apartment and €8,000 for a three-room apartment. If you sign a contract with a resale clause, an administrative fee of 1.5% of the sale price including VAT is due to the seller.
If you plan to use the bank-loan plan, check the amount first. Foreign borrowers are often offered a lower loan-to-value ratio than the 70% in this plan, so read our guide to mortgages for foreigners in Bulgaria before you choose.
Construction Timeline
- 15 September 2026: start of the construction site, with excavation and foundations.
- 31 December 2027: Act 14, the rough structure completed with a covered and enclosed building volume.
- 30 September 2029: Act 15, interior and exterior finishing completed and the building ready for commissioning.
- Up to three months after Act 15: permit to use the building and handover of keys.
In practice, an apartment bought now is handed over around the end of 2029. That suits buyers who value spreading the payments and a modern, energy-efficient building, and who are comfortable waiting about three years. It does not suit anyone who needs to move in, or start earning rent, within the next year. For rental expectations once the building is complete, see our guide to renting out property in Varna.
What to Check Before You Reserve
- The preliminary contract. Have a lawyer read it, and make sure the payments are tied to the milestones above.
- What the price includes. Parking is sold separately, so add it to your budget, and ask whether the price includes VAT.
- The resale clause. The 1.5% fee matters if you may sell before completion.
- The financing. If you use a loan, confirm the approved amount before you sign.
- The developer and the permits. Bulgaria Estate works only with proven developers and offers document checks with a lawyer.
Frequently Asked Questions
Where is Rhapsody located?
Rhapsody is in the Vazrazhdane 3 district of Varna. The exact address is provided when a viewing is organised.
When will Rhapsody be completed?
Act 14 is planned for 31 December 2027 and Act 15 for 30 September 2029. The permit to use and the handover of keys follow within three months of Act 15.
What payment plans does Rhapsody offer?
Four plans: instalments (30/20/30/20), early payment (80/20), payment with a bank loan at Act 14 (30/70) and late payment (20/80), tied to the preliminary contract, the roof slab of the 7th floor, Act 14 and Act 15.
Is parking included in the apartment price?
No. Parking spaces are sold separately, from about €17,000 according to our listing.
What is the energy class of Rhapsody?
Energy class A+, with wall U-values of 0.18 W/m²K or lower and windows of 0.5–0.6 W/m²K.
How do I reserve an apartment?
A deposit of €5,000 secures a two-room apartment and €8,000 a three-room apartment. Call or message Bulgaria Estate on +359 882 466 609 (WhatsApp and Viber) or write to office@bulgaria-estate.com. Replies are given by the end of the working day.
See the Project and Talk to Us
Bulgaria Estate has been selling property in Varna since 1999. Visit the Rhapsody project page for the apartment filters, the floor plans and the official price list, or browse our other properties for sale. If you are new to buying in Bulgaria, start with our step-by-step guide for foreign buyers. The details in this article come from the project page and our own listings and may change, so confirm the current prices and availability with our team.
