Flat 73 м² in Balchik, Bulgaria

61 622 $

844 $ /м²

4OX3u

Flat 73m² in Bulgaria, Balchik. Priced at 52000€ rent photo-

Area

73 м²

Bedrooms

Garden Palace'.

Complex "Garden Palace" is located within walking distance from the central part of Balchik and the beach, in close proximity to the botanical garden and the Palace of Romanian Queen Maria.

The complex consists of five buildings. The facades of the buildings are faced with stone and wood, the roof slope is covered with tiles. Part of the aparatmentov surrender ready "turnkey" , with a completed and equipped bathroom (sanitary faience, boiler), part of the apartments - with rough finishing on OBD. The windows of the apartments offer incredible views of the sea.

Infrastructure: swimming pool, large parking, underground garage, SPA-center, year-round security.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

61 622 $

Location

By the Sea

Characteristics

Pool

Sea View

Distance to key points, m

To sea 500

FAQ

In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Balchik; 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 Balchik 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 (61 622 $) 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 Balchik: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).