The apartment we are presenting for sale has five bedrooms, a view of Vitosha and an excellent location in close proximity to Paradise Center shopping center and Vitosha metro station. The area is a preferred residence due to the proximity of Vitosha and convenient connection to the center and all points of the city via Cerni Vrach Boulevard. In the area there are Billa store, various public transport stops, educational and children's institutions, sports centers, medical centers and South Park. The property consists of two combined apartments, located on the 9th floor out of 10 in a building commissioned in April 2022. The windows face north, east and south and the total area is 217.45 m2 (187.36 m2 net area + 30.09 m2 common parts). Distribution: entrance hall; very spacious living room with kitchen area; five bedrooms; two bathrooms with toilet; toilet; two storage rooms; loggia; two terraces. The property is offered in a state of completion in accordance with BDS. Heating is by electricity or gas and the whole apartment has underfloor heating which is done under screed. There is an option to purchase two garages, each at a price of 35,000 euros. One garage is located in the underground level of the building and offers a built-up area of 15 m2, and the other is located on the first floor and has a built-up area of 22.31 m2. The neighborhood "Krustova vada" is rapidly developing and in recent years it has become a preferred place to live, due to
Characteristics
Property type
Residential Properties
Object type
Penthouse
Price
629 120 $
FAQ
How can I get a residence permit by buying property in Bulgaria?
In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sofia; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Bulgaria?
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.
What taxes and fees apply when buying in Bulgaria?
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.
How is the title checked in Bulgaria?
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.
Can I rent out property after purchase in Bulgaria?
Yes. Rental income tax is 5–25% depending on the regime. In Sofia short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (629 120 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Bulgaria?
A typical transaction runs 30–90 days, averaging 45 in Sofia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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