One bedroom apartment in Magnolia Garden
Comfortable, multifunctional and year-round complex Magnolia Garden is waiting for new owners of seaside housing! The very center of Chaika quarter, just under half a kilometer to the sea, one-bedroom apartment - the agents of Bulgarian House are already showing it at your convenience. The building with a pleasant architecture, the apartment is located on the second floor, with a home-like cozy, pleasant interior, which does not require additional investment. The bonus of the layout is a large square-shaped hallway, where you can install a full-fledged closet system, a beautifully decorated summer terrace with furniture and a fairly spacious bathroom. The area is 75 square meters.
The Magnolia Residence is successfully used by residents for long-term and permanent residence. It is a small complex with a fenced and secure territory, on which a small garden, there is a marquee for recreation, two-section swimming pool and parking. The tax is low, 7 euros. The neighborhood is the area with the densest map of amenities in Sunny Beach, Chaika.
In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sunny Beach; 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 Sunny Beach 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 (77 456 $) 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 Sunny Beach: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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