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Flat 53 м² in Sunny Beach, Bulgaria

49 724 $

938 $ /м²

4OTU6
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Area

53 м2

Bedrooms

1

Bathrooms

1

1 bedroom studio apartment for sale Sunny Beach, Burgas, Bulgaria.

For sale studio in the resort complex "Magnolia" Residence 6, Price: 41 960 euros. Location: Sunny Beach. Rooms: 1. Total area: 37,46 sq.m. Terrace: 1. Floor: 2 of 5. Maintenance: 420 euros per year. The valid document (Act 16) is expected in May 2023. Payment: 2000 euros - deposit. The apartment is located in the new complex Magnolia Residence 6 in Sunny Beach. The apartment has an area of 37,46 sq.m. The building consists of five floors and includes studios and one bedroom apartments. The apartments will be completed "turnkey". For the comfort of future residents in the complex will be a swimming pool and beautiful landscaping. The sea is about 700 meters from the complex. Magnolia Residence 6 is a new project of the developer of Magnolia complexes. The building is located in the central part of Sunny Beach, in accessibility to the main infrastructural objects and the most popular stores of the resort - supermarket "Mladost", bus stop, medical center, bus station, gas stations, etc. The complex is a closed building with its own territory. The internal infrastructure of Magnolia Residence 6 includes: swimming pool, security, parking. The management company of the complex provides cleaning of common areas of the building, territory, watering lawns, video surveillance, technical support. The cost of maintenance is 10 euros per sq.m. per year without VAT. The building is constructed of high quality materials of Bulgarian and Austrian origin. Completion of construction is planned for the season of 2023. As of April 2023 Act 14 has been received. The quality of construction assumes the use of the apartments throughout the year, not only in summer. Sunny Beach resort is the most popular place on the southern coast of the Black Sea. Well-developed infrastructure allows you to fully enjoy your vacation - bars, restaurants, playgrounds, park, various stores. There are also buses running all year round from Sunny Beach to Vlas, Nessebar, Ravda, as well as more distant Burgas and Varna. From the bus station there are buses to Istanbul.

Additional details

Property type

All Types

Object type

Flat

Price

49 724 $

FAQ

In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sunny Beach; 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 Sunny Beach 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 (49 724 $) 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 Sunny Beach: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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