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Flat 90 м² in Varna, Bulgaria

216 722 $

2 408 $ /м²

4OUpA
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Area

90 м2

Bedrooms

3

Apartment for sale, Gracka mahala/Gracka mahala, in Varna, Bulgaria

ID: 105444 We are pleased to offer you to buy a property with the most desirable location in the heart of Old Varna, with the smell of the sea. In a small house, monolithic construction since the beginning of 2000, we offer you a one bedroom maisonette apartment. On the first level there is a large living room with kitchen, bar, terrace and bathroom. On the second level there are two bedrooms, a large bathroom with bathtub and a toilet. The property is in good condition, after cosmetic repairs and partially furnished. The neighborhood is central, all communications are within walking distance, stops, stores, services, etc. An undoubted plus of the property is its proximity to the beach and the Sea Garden, only 200 meters away. This makes it attractive to buy as an investment, long term rental, short term nightly rental through Booking and other sites, with very good income. The price includes a detached garage of 14 square meters (yavlenaCOM/105444).

Additional details

Property type

Residential Properties

Object type

Flat

Price

216 722 $

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 (216 722 $) 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).

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