Luxury 4 bedroom penthouse for sale in Varna, Bulgaria
We present for sale a multi-bedroom apartment with magnificent sea view in the quarter "Breeze", Varna. The apartment is located in a brick building built in 2000, on the 5th floor out of 6 and has a net area of 230,80 m2. The apartment is the only one on the whole floor. It has the following layout: entrance hall; spacious living room with kitchen; study; four bedrooms; two bathrooms with WC; laundry room; two closets; fitness area-fifth bedroom; two terraces. From the living room you can access the spacious terrace, which is divided into seating areas and offers exceptional views of the sea and the city. The apartment is sold fully furnished. There is an option to purchase an underground parking space with a warm connection to the building at a negotiable price. For more information and to arrange viewings please contact us. Viewings We are willing to arrange viewings of this property at your convenience. Please contact the estate agent in charge and let us know when you would like to arrange a viewing. We can also assist you with airfare and hotel bookings as well as travel insurance. Property Booking You can book this property by making a non-refundable deposit of €2,000 payable by credit card or bank transfer to our company bank account. Once the deposit is received, the property will be marked as reserved, no further viewings with other potential buyers will take place and we will start preparing the necessary documents'.
Characteristics
Property type
Residential Properties
Object type
Penthouse
Price
417 262 $
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 Varna; 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 Varna 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 (417 262 $) 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 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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