Studio apartment in St. Nicholas
Gorgeous object for lovers of the picturesque view of the sea! The fund of the company Bulgarian House was added to the studio apartment, located in the holiday home St. Nicholas, in Sozopol. The apartment is on the third, mansard floor, which was the basis of the original and interesting layout. On a rather impressive area of 72 square meters. meters is located a large hall with panoramic windows, a dedicated kitchen and a sleeping place, a bathroom and a large balcony. The apartment is bright and in excellent condition, sold with all equipment (brand new). The layout provides for the possibility of organizing a partition wall.
The complex is literally a couple of steps away from the strikingly beautiful and surrounded by greenery Budjak Bay. On its territory there is a swimming pool with children's section and a flowering garden. The clean, separate beach is 100 meters away, and the popular Bambu and Harmani are 450 and 800 meters away, respectively. The apartment has hardly been used by anyone.
In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sozopol; 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 Sozopol 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 (44 318 $) 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 Sozopol: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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