Flat 50 м² in Burgas, Bulgaria

42 820 $

856 $ /м²

4OXey

Flat 50m² in Bulgaria, Burgas. Priced at 37000€ rent photo-

Area

50 м²

Bedrooms

Villa Veleka

"Villa Veleka" is located in a very convenient part of Izgrev district of Burgas. Accommodation here will be as comfortable as possible, as the whole infrastructure is well developed and is located in walking distance (stores, restaurants and bars, banks, pharmacies, school and kindergarten, bus stops, food market, etc.).

Apartments with total area from 50,77 sq.m. in turnkey condition are offered for purchase. The building is without support tax.

The planned date of commissioning is December 2016.

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

42 820 $

Location

By the Sea

Characteristics

Sea View

Distance to key points, m

To sea 1500

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 (42 820 $) 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).