Flat 28 м² in Burgas, Bulgaria

35 618 $

1 272 $ /м²

4OX5r

Flat 28m² in Bulgaria, Burgas. Priced at 30932€ rent photo-

Area

28 м²

Bedrooms

Flats in a residential building

This new building is located on one of the most popular central streets of Burgas, Gladston street. In close proximity to the park and the Youth Center, just a few meters from the pedestrian zone of the city. The building is located on a corner, which contributes to an optimal distribution of the built-up area, and provides more functionality and light. The unfolded and built-up area is 1,500 square meters. The building has a courtyard and an elevator. Detached 3 garages, 3 stores and a doctor's office on the parterre floor. The building has 7 studios, 9 one-bedroom and 2 two-bedroom apartments. The apartments are sold with full internal finishing, with equipped bathrooms and toilets. Deadline for receipt of certificate 15 - June 2013. Deadline for obtaining certificate 16 - August 2013. Ideal for permanent residence in Bulgaria!

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

35 618 $

Location

By the Sea

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 Burgas; 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 Burgas 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 (35 618 $) 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 Burgas: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).