A new house in the Banevo neighborhood
A new one-storey house for sale directly from the developer in Banevo quarter (Burgas). The house consists of a kitchen, a huge living room with dining room, four bedrooms (two of them with bathrooms), a garage with automatic door, a utility room. The built-up area of the house is 213 sq.m., of which about 50 sq.m. is occupied by a spacious veranda with sea view. The yard area is 838 square meters. There is heat and waterproofing. The house is faced with stone.
The backyard has a decorative stone walkway. All rooms are fully finished, there are internal doors and double glazed windows. The living room has space for a fireplace.
In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Burgas; 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 Burgas 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 (97 291 $) 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 Burgas: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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