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Flat 42 м² in Sofia, Bulgaria

81 687 $

1 944 $ /м²

4OUur
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Area

42 м2

Bedrooms

2

Apartment for sale, Krasnaya Polyana 3/Krasnaya Polyana 3, Sofia, Bulgaria

Sunny studio apartment suitable for renovation into a studio apartment located in Krasnaya Polyana 3, close to the market and Septemvri stadium. Close to public transportation and large stores, schools and kindergartens, playgrounds. Panel house, 82 years old, 42,04 sq.m, consisting of a spacious room with a terrace in front of it, a separate kitchen, a combined bathroom, a hallway with a dressing room. Plastic windows in the kitchen, exterior thermal insulation. The property is in need of modern renovation! Adjoining basement. Great lockable entrance, free parking in front of and around the unit. Code:25786

Additional details

Property type

Residential Properties

Object type

Flat

Price

81 687 $

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 (81 687 $) 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).

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