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Flat 163 м² in Burgas, Bulgaria

ID 4Oj67
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Area
163 m²
Bedrooms
3
Bathrooms
3

Description

Spacious 3-Bedroom Apartment with 48 sq.m. Terrace | Horizon District, Burgas

Spacious 3-Bedroom Apartment with 48 sq.m. Terrace | Horizon District, Burgas IBG Real Estates offers for sale this spacious 3-bedroom apartment with a large panoramic terrace, located in a new residential building in the Horizon district, Edelweiss area, Burgas. The apartment has a total area of 163 sq.m. and is situated on floor 7 (top floor). The property benefits from east-west exposure, beautiful city views and an impressive 48 sq.m. terrace, offering excellent possibilities for outdoor relaxation and entertaining. Total area: 163 sq.m. Bedrooms: 3 Floor: 7, top floor Exposure: East-West Terrace: 48 sq.m. View: City Building status: Act 15 An additional advantage is the possibility of combining the apartment with an adjoining 2-room property, subject to technical and legal approval. The property also comes with a 3 sq.m. dry storage room, located two floors below the apartment and suitable for use as additional wardrobe or storage space. Parking and Garages Two garages measuring 23 sq.m. and 14.62 sq.m. are available for separate purchase and are offered together. Parking spaces are also available separately. Location – Horizon, Burgas The property is situated in a developing residential area of Burgas, with shops, supermarkets, schools, public transport and everyday amenities within walking distance. With its generous area, impressive terrace, panoramic city views and flexible expansion possibilities, this apartment offers an attractive opportunity to create a spacious family home in Burgas.

Characteristics

Property type
Residential Properties
Object type
Flat
Price
270 376 $

Services and facilities

  • Garage/parking
  • Lift

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 Burgas; 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 Burgas 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 (270 376 $) 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 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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