Property Abroad

Bulgaria

Burgas region

Sarafovo

Flat

Flat 119 м² in Sarafovo, Bulgaria

75 829 $

637 $ /м²

4OXem

Flat 119m² in Bulgaria, Sarafovo. Priced at 64777€ rent photo-

Area

119 м²

Bedrooms

Residence Park

We are pleased to present you the new project "Residence Park " in Sarafovo district of Burgas, which is ideal for recreation and year-round living.

The stylish residential complex "Residence Park " is built 300 meters from the wide beach strip in close proximity to all important infrastructure facilities such as stores and supermarkets, pharmacies, public transport stops, spa centers.

The complex consists of 145 apartments (one, two and three bedrooms) located on seven floors of the building and is fenced for security.

The total area of the complex will be 9,493 sq.m., of which 6,000 sq.m. is landscaped by a professional landscape designer.

Benefits and infrastructure:

- the proximity of a beautifully landscaped beach,

- affordable price,

- high quality construction,

- possibility of renting or year-round living,

- secured area with controlled electronic access,

- large parking area (148 spaces),

- recreation and barbecue areas,

- no support fee.

Payment Scheme:

- 2,000 Euros - deposit

- 30% of the price within 20 days after signing the preliminary contract

- 30% - at the stage of completion of the "zero" floor (30.05.2016)

- 30% - Act No. 14 (30.06.2017)

- 10% - upon signing the final Contract, receipt of the Notarial Title Deed or Act No. 16.

The completion of construction is scheduled for December 2018.

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

75 829 $

Location

By the Sea

Characteristics

Sea View

Distance to key points, m

To sea 300

FAQ

In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sarafovo; 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 Sarafovo 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 (75 829 $) 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 Sarafovo: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).