Flat 166 м² in Sofia, Bulgaria

400 083 $

2 410 $ /м²

4OWVI

Flat 166m² in Bulgaria, Sofia. Priced at 296380£ rent photo- #1

Flat 166m² in Bulgaria, Sofia. Priced at 296380£ rent photo- #2

Flat 166m² in Bulgaria, Sofia. Priced at 296380£ rent photo- #3

Area

166 м²

Bedrooms

Apartment for sale, Zone B-5, in Sofia, Bulgaria

ARCO REAL ESTATE offers a two-bedroom apartment in a new residential building with Act 15 in the Dragalevci neighborhood. Zone B 5 - next to one of the main central boulevards of the capital - Alexander Stamboliyski. Nearby are public transport stops, metro station, kindergarten, elementary school, Mall Of Sofia shopping center, Sofia Technical Gymnasium, Vazrazhdane Park. Eight-storey building with 12 apartments, on the first floor there are garages and on the top floor there is a two-bedroom apartment. The large two-bedroom apartment is 5 one on the floor with beautiful high ceilings facing east and west. The apartment consists of an entrance hall, large living room, two separate bedrooms, two bathrooms with toilets, storage room and two terraces. It is possible to convert into a four bedroom apartment. The heating is in a thermal power plant. Located on fl. 4-8. There is spackling, German PVC joinery, metal front door. Act 16 is expected in August 2024. The building provides free parking spaces in the underground parking garage. The agency works in accordance with the requirements of BDS EN 15733. We offer assistance in mortgage lending and preparation of market valuation of the property. For more information please contact Tamara Zlateva 0894601192. Offer 85766.

Additional details

Property type

Residential Properties

Object type

Flat

Price

400 083 $

FAQ

In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sofia; 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 Sofia 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 (400 083 $) 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 Sofia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).