Flat 50 м² in Varna, Bulgaria

79 908 $

1 598 $ /м²

4Obwu

Flat 50m² in Bulgaria, Varna. Priced at 59196£ rent photo- #1

Flat 50m² in Bulgaria, Varna. Priced at 59196£ rent photo- #2

Flat 50m² in Bulgaria, Varna. Priced at 59196£ rent photo- #3

Area

50 м²

Bedrooms

Sale of apartment, Asparuhovo-Asparuhovo, Varna, Bulgaria

ID 141658 Description: Sunny and spacious three-room apartment in a new residential building at the initial stage of construction. The apartment consists of a spacious and sunny living room with a separate kitchen, one bedroom, a bathroom-toilet, and a terrace. The building will be completed using high-quality materials and modern architectural vision by a reputable construction company with a good reputation, extensive experience, and numerous completed projects in the city. Construction completion time is 18 months. Payment deferment! Possibility to purchase a parking space for an additional fee. Location: The building is located near the municipality of Asparuhovo, banks, bus stops, kindergartens, and schools. (yavlenaCOM-141658).

Additional details

Property type

Residential Properties

Object type

Flat

Price

79 908 $

FAQ

In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Varna; 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 Varna 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 (79 908 $) 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 Varna: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).