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Flat 206 м² in Sofia, Bulgaria

ID 4OWPa
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Area
206 m²
Bedrooms
3
Bathrooms
1

Description

Luxury 3 bedroom apartments for sale in Sofia, Sofia capital

We present you a four bedroom apartment for sale, part of a new mixed-use building in Lozenets neighborhood, Sofia. The building has received Act 14. Act 16 - March 2024. The district is one of the most preferred and prestigious in the capital due to its fully developed infrastructure, good transport connections and proximity to the ideal center. There are numerous stores, restaurants, school, kindergarten and everything you need for a comfortable life. James Boucher subway station is in the immediate vicinity and for walking and recreation, South Park is just a short walk away. The apartment is located on the 8th floor and offers an area of 206.42 m2, functionally distributed into an entrance hall, a spacious living room with kitchen area and access to a 26.05 m2 terrace, a bedroom with closet and access to the terrace, two bedrooms with a shared terrace, a bathroom with toilet, a storage room. It is offered qualitatively finished in accordance with the Bulgarian state standard. Possibility to purchase underground parking spaces and garages. The building is located on 9 floors and has mixed use and is divided into two entrances. On the first floor there are commercial establishments - stores and a restaurant, on the 2nd and 3rd floors - offices, and from the 4th to the 9th floor - residential part. There is a choice of two-, three- and four-bedroom apartments with functional and spacious rooms, and there are parking spaces and a garage' for parking

Characteristics

Property type
Residential Properties
Object type
Flat
Price
739 297 $

FAQ

How can I get a residence permit by buying property in Bulgaria?

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.

Is a mortgage available for non-residents in Bulgaria?

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.

What taxes and fees apply when buying in Bulgaria?

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.

How is the title checked in Bulgaria?

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.

Can I rent out property after purchase in Bulgaria?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (739 297 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Bulgaria?

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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