One bedroom apartment in Elytonia Gardens
In the resort town of Ravda, in the year-round apart-hotel Elitonia Gardens, is open for sale a well-equipped and comfortable one-bedroom apartment. The area of the apartment is 55 square meters, it is located on the second floor and is fully equipped with furniture and appliances in good condition. There is a refrigerator, washing machine, microwave. The apartment project with a spacious square hallway. There is a large terrace, view from the windows to the interior of the complex.
The territory of Elitonia Gardens disposes to a full-fledged family vacation: the patio has barbecue facilities, swimming pool with umbrellas and sun loungers, green area, which is cared for by a gardener. The neighborhood is adapted for year-round living - there are all elements of infrastructure nearby. In the LCD low service tax - 7 euros.
In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Ravda; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Bulgaria finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Bulgaria takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Ravda short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (64 269 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Ravda: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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