Flat 37 м² in Varna, Bulgaria

24 356 $

658 $ /м²

4OXbc

Flat 37m² in Bulgaria, Varna. Priced at 20700€ rent photo-

Area

37 м²

Bedrooms

Balkan Breeze 8

The new complex "Balkan Breeze 8" is located in the city of Varna in a quiet neighborhood. Varna is a major economic and cultural center of the Black Sea coast of Bulgaria. There is a children's playground and a leafy forest nearby - an ideal place for hiking and family picnics. From the windows of the apartments there is a wonderful view to the sea.

The building of the complex has 5 floors (there is an elevator) and provides a choice of apartments: studio, one or two-bedroom apartments.

At a distance of 200 m a public transport stop and a supermarket. 15 km from Varna airport.

Time of delivery of the object - May 2015.

Payment scheme:

Payment installment (up to 12 months) - individual scheme.

Fast payment (up to 1 month) - up to 5% discount.

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

24 356 $

Location

By the Sea

Characteristics

Sea View

Distance to key points, m

To sea 3000

FAQ

In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Varna; 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 Varna 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 (24 356 $) 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 Varna: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).