It connects the Asparuhovo district to the rest of the city over the canals between the Black Sea and Lake Varna.

The bridge experiences significant traffic, with 10,000 vehicles crossing it every day.

The bridge's construction began in 1973 when the need for a larger canal to link Lake Varna and the sea became necessary.

Today, the Asparuhov Most is not only an important transport installation, but also a place where extreme sports fans meet, as the bridge is a favourable location for bungee jumping.

[citation needed] In September 2015, the municipality of Varna announced plans to fully renovate the bridge and add cycle tracks.