House in Konstantinovo
In Bulgaria, a small village Konstantinovo, Burgas region, a house for sale - two-storeyed, with a beautiful view to the lakes and the forest. The plot of land is 700 sq. m., the area of the house itself is 160 sq. m. The first floor - living room, bathroom, kitchen, entrance hall and terrace. Second - two bedrooms, closet and bathroom and two terraces. There is a space in the basement, prepared for laundry or storage room.
The house is after major renovation, sold furnished, connected to central water supply and electricity. Separately there is a well for irrigation. There is a possibility of installing a boiler or fireplace. The village Konstantinovo is located only twelve kilometers from Burgas, next to the protected Mandrov Lake. There is a developed infrastructure: there is a kindergarten, stores, cafes, regular transportation, almost all local residents are young families.
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 (72 890 $) 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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