Flat 55 м² in Burgas, Bulgaria

74 920 $

1 362 $ /м²

4OZ0E

Flat 55m² in Bulgaria, Burgas. Priced at 64000€ rent photo-

Area

55 м²

Bedrooms

Apartments from developer in Burgas

New from the developer in Burgas! For sale apartments in new residential buildings in Izgrev district, near the shopping center PLAZA and hypermarket KAUFLAND - the newest and actively developing. The area with new infrastructure, lots of green areas and only 2.5 kilometers from the sea. Three residential buildings with green areas and parking lots with garages. On the territory: four stores, bistro, children's and sports grounds, park.

Each building is separate, which allowed to design apartments with correct shapes and maximum functional distribution of rooms. In total there are 60 apartments in one building, they are located on eight floors and will be served by two high-speed elevators. The houses are built according to energy efficient technology. The cost - from 781 euros per 1 square meter. m. As of June 2023 the rough construction is completed. Please note that the buyer pays 3% commission.

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

74 920 $

Location

By the Sea

Distance to key points, m

To sea 2500

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 (74 920 $) 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 Burgas: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).