Spacious Studio Near the Beach | St. George Palace, Sveti Vlas
Spacious Studio Near the Beach | St. George Palace, Sveti Vlas
IBG Real Estates offers for sale a spacious property located on the 2nd floor in St. George Palace, Sveti Vlas, located approximately 300 meters from the beach.
The studio is 42 sq. m. - bright, comfortably arranged and suitable for holidays, year-round living or rental investment.
Apartment Layout:
Entrance hallway
Living room with kitchen, dining and sleeping area
Bathroom
This property is providing comfort and functionality in a well-developed seaside resort.Property Details:
Exceptionally spacious combined property
Approximately 300 meters from the beach
Fully furnished
Pet-friendly
Convenient access for seniors
Elevator
Act 16
Year of construction: 2010 (approx.)
Annual maintenance fee: €10/sq.m.
Reduced price
St. George Palace is a well-maintained gated complex in Sveti Vlas, benefiting from the combination of sea and mountain climate. Facilities include a large outdoor swimming pool with children’s section, landscaped gardens and relaxation areas, restaurant and bar, children’s playground, reception, security, controlled access, parking and elevators.
Shops, restaurants, cafés, pharmacies and public transport are within easy reach, while the beach is only a short walk away.
The generous living space and flexible arrangement make this an interesting alternative to a traditional large apartment, particularly for families looking for plenty of space close to the beach.
Contact IBG Real Estates for more information or to arrange a viewing.
Characteristics
Property type
Residential Properties
Object type
Flat
Price
77 456 $
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 Sveti Vlas; 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 Sveti Vlas 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 (77 456 $) 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 Sveti Vlas: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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