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Flat 57 м² in Sunny Beach, Bulgaria

79 881 $

1 401 $ /м²

4OTU3
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Area

57 м2

Bedrooms

1

Bathrooms

1

1 bedroom apartment for sale Sunny Beach, Burgas, Bulgaria

For sale one bedroom apartment in the resort complex Magnolia Residence 6, Price: 68 238 euros Location: Sunny Beach Rooms: 2 Total area: 59.86 sq. m. Terrace: 1 Floor: 3 of 5 Maintenance: 590 euros per year Expected Act 16 in May 2023 Payment: 2000 euro-contribution Apartment in the new complex Magnolia Residence 6 in Sunny Beach. The apartment has an area of 59,86 sq. m. The residential building consists of five floors and includes studios and one-bedroom apartments. The apartments will be completed "turnkey". For the comfort of future residents there will be a swimming pool and beautiful landscaping. The sea is about 700 meters away. 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 infrastructure and the most popular stores of the resort - supermarket Mladost, bus stop, medical center, bus station, gas stations, etc. The complex is an apartment with a closed territory. Internal infrastructure of Magnolia Residence 6 includes: swimming pool, security, parking. The management company of the complex performs cleaning of public areas of the building, territory, lawn irrigation, video surveillance, maintenance. The cost of maintenance is 10 euros per square meter per year without VAT. The building is constructed of high quality materials of Bulgarian and Austrian origin. Completed for the season of 2023. Starting from April 2023, certificate 14 has been obtained. The quality of construction implies the use of the apartments all year round, 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. Also all year round from Sunny Beach there are buses 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

Residential Properties

Object type

Flat

Price

79 881 $

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 (79 881 $) 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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