Apartments in a house in the Vinica quarter in the northern part of the city of Varna (388353)
Contemporary apartments in a new residential building located in Vinica, northern Varna.
This area attracts those who are looking for a calm and cozy atmosphere for living.
Description of the area: Vinnytsia is known for its excellent infrastructure and developed social environment. There are medical and sports centers, supermarkets, schools, kindergartens and restaurants. For children and sports fans, a new modern sports complex, an equestrian court and a karting track are available. In the immediate vicinity there are city transport stops, and only 3 km away is the beach of one of the most popular sea resorts "St. Constantine and Elena" and the botanical garden.
Real estate types:The house consists of one entrance and includes 20 apartments located on 4 residential floors. At the semi-underground level there are:
On the first floor there are 6 separate garages. For convenience and an accessible environment, the entrance to the building is made at the level of the adjacent sidewalk, without steps.
Description of the apartment: Apartments are rented by BDS (draft finish: screed of floors, under painting of the wall, the output of sewer pipes and communications). It is possible to complete turnkey and furnish.
These apartments are ideal for a comfortable stay in a quiet area with developed infrastructure and proximity to the sea.
Date of completion: 12.2024
Information updated: 13.06.2024
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 (82 006 $) 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).
82 720 $
Varna, Bulgaria
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