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Flat 59 м² in Sunny Beach, Bulgaria

52 665 $

892 $ /м²

4OTU2
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Area

59 м2

Bedrooms

1

Bathrooms

1

1 bedroom studio for sale Sunny Beach, Burgas, Bulgaria

Offered for sale one bedroom apartment in the complex "Magnolia", divided into 6, Price: 42 874 euros, Location: Sunny Beach, Packages: 2, Total area: 38,72 sq.m., Land: 1T 4 for 5, Payment: 390 euros per year, Act 16 expected in June 2023, 2000 euros - deposit. The apartment is located in the complex "Magnolia Residence 6" in Sunny Beach. The apartment with 38,72 sq. m. includes a studio and one bedroom. The apartment is "turnkey". For the comfort of the residents there is a swimming pool and beautiful landscaped areas. The sea is at a distance of 700 meters. "Magnolia Residence 6" is a new project consisting of 6 buildings located in the central part of Sunny Beach, near the infrastructure and the most popular stores of the resort - supermarket "Mladost", bus stop, medical center, bus station, gas station, etc. The complex is a protected area and has the basic infrastructure of "Magnolia Residence 6", including the presence of a swimming pool, security, parking. The management company of the complex provides cleaning of common parts of the building, territory, lawn watering, video surveillance, technical support. The cost is 10 euros per sq. m. per year without VAT. The building is constructed of quality materials of Bulgarian and Austrian origin. Entry is planned for the season 2023. Act 14 is received. Property tax is paid separately. Sunny Beach resort is the most popular place on the South coast of the Black Sea. Developed infrastructure will allow you to enjoy your vacation - bars, restaurants, playgrounds, parks, various stores. All year round there are buses from Sunny Beach to Vlas, Nessebar, Ravda, as well as to Burgas and Varna. From the bus station you can go to Istanbul by bus.

Additional details

Property type

Residential Properties

Object type

Flat

Price

52 665 $

FAQ

In Bulgaria a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sunny Beach; 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 Sunny Beach 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 (52 665 $) 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 Sunny Beach: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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