One bedroom apartment in Millennium 2'.
Original apartment has arrived at the disposal of Bulgarian House agents and is ready for sale! In the second phase of the Millennium Hotel, a new project of the renowned developer, a spacious and stylishly equipped one bedroom apartment with sea views is for sale. Bright, with neutral renovation and all necessary furniture, this apartment is located on the third floor. The total area of 66 square meters is divided into a living room with kitchenette and a self-contained bedroom. The design is bright, in a unified style, large bathroom with shower. The deal is turnkey.
Cosy, built five minutes from the shore, Millennium 2 Hotel is perfect for seasonal vacations and PML. It has a wellness center with a range of spa treatments, two swimming pools, parking and wireless internet. Residents can rent a car or bicycle for walks around the city and the seafront. There is a restaurant and supermarket within a minute's walk, and Marina Dinevi Yacht Club is ten minutes' walk away.
In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sveti Vlas; 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 Sveti Vlas 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 (98 920 $) 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 Sveti Vlas: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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