Flat 42 м² in Sozopol, Bulgaria

29 666 $

706 $ /м²

4OXPL

Flat 42m² in Bulgaria, Sozopol. Priced at 25188€ rent photo-

Area

42 м²

Bedrooms

Villa Lotus

New project from the developer! We offer apartments in the under construction complex "Villa Lotus", which is located 100 meters from the popular beach Paradise Bay and in the beautiful Budjak area of Sozopol. The object will be built with high quality materials: granite slabs, dark glass and Italian plaster, which will give the complex a modern and unique style.
The complex "Villa Lotus" will have eight one-bedroom apartments and three studios. All apartments have stunning views of the sea panorama.
Sozopol is one of the oldest Bulgarian towns. It has 19th century stone and wooden houses, which are cultural monuments and protected by UNESCO. Here you can walk for hours along the picturesque cobbled streets that preserve the atmosphere of the old town. In September, the Bulgarian festival of arts Apolonia is held.
Additional services: playground, parking.
Completion of construction: June 2016.
Payment plan:
50% within 20 days after signing the preliminary contract
20% upon receipt of Act 14 (until the beginning of May 2014)
20% upon receipt of Act 15 (until the beginning of February 2015)
10% upon receipt of Act 16 (until December 2016).

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

29 666 $

Location

By the Sea

Characteristics

Sea View

Distance to key points, m

To sea 100

FAQ

In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sozopol; 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 Sozopol 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 (29 666 $) 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 Sozopol: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).