Spacious 2-Bedroom Apartment for Renovation in Top Center, Ruse
Spacious 2-Bedroom Apartment for Renovation in Top Center, Ruse
IBG Real Estates offers for sale this spacious 2-bedroom apartment for renovation, situated on a quiet street in a prime central location, close to the pedestrian street and the charming Old Town of Ruse.
Total Living Area: 86.34 sq.m.
Floor: 1st
Bedrooms: 2
Basement: 12 sq.m.
Attic Room: 5 sq.m.
Condition: For renovation
Layout: generous entrance hall, separate kitchen, adjacent living room, two large bedrooms, one with access to a terrace, and a bathroom with toilet.
The kitchen and living room can easily be combined to create a spacious modern open-plan living, dining and kitchen area.
The apartment is offered for renovation, giving the new owner an excellent opportunity to redesign the space and create a modern home according to their individual style and requirements.
Optional high-quality 3D visualizations are available to provide inspiration for a future renovation.
Location – Top Center, Ruse
The property is situated on a quiet street in one of the most desirable central parts of Ruse, within easy walking distance of the pedestrian street and the Old Town.
Amenities in the Area
Pedestrian shopping street
Old Town of Ruse
Restaurants and cafés
Shops and supermarkets
Schools and kindergartens
Parks and green areas
Public transport
Banks and administrative services
The property is an excellent choice for a spacious city-centre home or an investment with strong rental potential.
Contact IBG Real Estates for more information or to arrange a viewing.
Characteristics
Property type
Residential Properties
Object type
Flat
Price
182 836 $
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 Ruse; 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 Ruse 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 (182 836 $) 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 Ruse: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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