For those of you who look for unique luxury, elegance and style! Enjoy the magic romance of Emerald complex! 

Disposition: Spacious open plan living room with a kitchen box and a dining area, a bedroom. Bathroom and WC and large panoramic terrace.

Finishing works: Terracotta tiled floor, latex painted walls. Bathroom and WC - terracotta tiles, faience, bath tub and accessories.

The dwelling faces the sea.

We offer for sale completely furnished apartments!

Accents

• First coastline;
• 5 star complex;
• Indoor and outdoor swimming pools;
• SPA center

Why you trust us...

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.

Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.

On arrival you will be greeted by a friendly and highly trained representative.

Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

Mortgage Loan possibilities...

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free.

Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.

UBB - United Bulgarian Bank

The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The prepayment fee is 5%.

First Investment bank

Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate.

There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate. The application fee is Eur 50 and the management fee is 2%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.

The term for approving the application is usually up to 2 days.

Finishing and furnishing...

For owners of properties in Bulgaria, interested in renting their premises or for those who want to feel their property like a real home we can take up organization and control or full completion of construction or repair works. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. If you prefer our partners can help you design an ideal interior to suit your taste and style, and completely furnish the property  so that  everything is ready for you.

Construction type: Brick

Year of construction: 2007 Year

Heating: Air conditioner

Number of bathrooms: 1

Balconies: 1

Joinery: PVC five-chamber casement windows

• Permission for use granted
• New development
• Fully finished
• Elevator
• Security
• Garage
• Furnished

Agent's valuation of the offer Excellent!

See the project

FREQUENTLY ASKED QUESTIONS

What is available on the Bulgarian real estate market?

Foreigners willing to invest in real estate will find more than one good business opportunity to do so in the capital or other Bulgarian real estate investment hotspots. Traditionally, foreign interest has been concentrated on commercial properties or holiday homes at the seaside, in the top ski resorts and mountain villages with cultural, historical and natural landmarks and developed rural tourism. In addition, the Bulgarian real estate market offers a great variety of more unpretentious properties in the picturesque rural countryside, where one can find a romantic holiday escape or a cozy retirement home.

Which are the best places to invest in the capital?

If you intend to buy a property in the capital of Bulgaria - Sofia for residence or for investment, you should know that there are certain quarters that are considered more prestigious than others due to their prime location, good infrastructure, more green areas, proximity to state institutions, public conveniences, etc. In case you are buying an apartment, the centre of Sofia is of course one of the most attractive places. Next come the neighbourhoods of Lozenets , Ivan Vazov , Strelbishte , Iztok . If you want to buy a house, you should look in the fashionable lately exurbian neighbourhoods of Boyana , Dragalevtsi and Simeonovo .

Which are the most popular beach and ski resorts and towns in Bulgaria?

Bulgaria offers excellent opportunities for investment in holiday property. If you prefer the sea, we recommend investing in Varna and Bourgas  - the sea capitals of Bulgaria, Sozopol and Nessebar - sea towns famous for the preserved authentic architecture, Sunny Beach and Golden Sands - the largest and the most popular beach resorts on the Black Sea coast. Not to be underestimated is Albena - the oldest sea resort located at the northern seaside where three new golf courses are under construction. Rich in high mountain ranges, Bulgaria has many ski resorts with first-class ski facilities and tracks. Bulgaria's ski resort No.1 is of course Bansko , located at the northern foot of Pirin Mountain. The other ski hotspots are Borovets in Rila and Pamporovo in Rhodope.

Do I need a visa for Bulgaria?

Holders of valid ordinary passports from the countries of the European Union and some other countries (USA, Australia, Japan, etc.) do not need a visa to visit Bulgaria for up to 90 days within each period of six months. Such passport holders need a visa only if their stay in Bulgaria will exceed 30 days, if they need to enter the country a number of times for a longer period of time, or if they need a long-term visa. More detailed information on visas and staying in Bulgaria can be read here .

Are there any restrictions on buying property by a foreign national in Bulgaria?

There are no restrictions on buying property without land in Bulgaria for a foreign national. You can buy as many apartments in Bulgaria as you can afford! However, if your intention is to purchase and own land (including building plot, house with garden, summer house, apartment with accruing shares of the land on which the apartment building is built), you will have to be permanently staying in the country. For further information on the regulations related to the acquisition of land by foreigners you can see here and on acquiring permanent residence status check here .

What is the gut reaction of Bulgarians to foreigners owing property?

Bulgarians are warm and friendly people despite the challenges of life imposed by the economic situation. They are usually very tolerant and open-minded and genuinely interested in different religions and cultures. Bulgarians are happy to see people bringing wealth and foreign investment to their communities and enjoy the internationalization of the country.

Should I wait until the end of 2007 to invest?

Absolutely not! The prices of real estates in Bulgaria at the moment, a member of the European Union since January 2007, are still quite low compared to other European countries. At the same time, Bulgaria is holding a leading position on the list of preferred Balkan tourist and investment destinations, and the resulting steady increase in the prices witnessed in the recent years is expected to continue well into 2007. So, do not hesitate - now is the right time to invest!

How do Bulgarian property prices compare to those in other countries?

Properties in the prestigious residential areas of Sofia sell at about EUR 1,000-1,200 per square metre (roughly £67-£82 per square foot).
To give regional comparisons, the best residential properties in Zagreb, Croatia sell at EUR 2,200-2,500 per square metre, in Belgrade, Serbia EUR 2,000-2,200 per square metre, in Romania for over EUR 1,500 per square metre and in Athens, Greece for EUR 7,600-8,800 per square metre.
As for the UK, London properties in a number of residential areas (such as Knightsbridge, Kensington and Chelsea) can sell for approximately EUR 16,000 per square metre (£1,000 per square metre). See how competitive the prices of Bulgarian properties are by checking our statistics based on realized real estate deals.

Is it safe to invest in Bulgarian property?

Complementary to your own research on the issue, a simple "yes" answers the question perfectly.
Bulgarian economy is developing steadily, the strong growth in industrial production, employment and credit resulted in high GDP growth over the last few years. Bulgarian high-class property prices are still relatively low and there is good investment return.

Bulgarians forever moan about petty crime, yet crime levels in most towns and cities, Sofia included, are incredibly low in comparison to some major cities of the world.

And last but not least, the currency risk is very low. Bulgaria's stabilization programme, which included the introduction of a currency board on July 1, 1997, marked the end of a period of economic turmoil and near-hyperinflation. Bulgaria's exchange rate is fixed to the euro at 1.95583 BGN to 1 euro and all Bulgarian currency in circulation has been backed 100% by the foreign exchange reserves of the Bulgarian National Bank. The rate is unlikely to change before the lev's retirement.

Is it better to buy an apartment off plan in Bulgaria?

Buying a Bulgarian property off-plan means reserving a property on a new development before its completion and often before construction has started. The developer is keen to sell as many properties as early as possible in order to raise capital for construction and minimize the risk to themselves and the borrowed funds from banks and that is why properties that are marketed by estate agents at this early stage are usually discounted by around 10 to 15% below market value.

Another reason for buying off-plan in Bulgaria to be more attractive is that the new apartments and residential complexes are built to higher standards with more facilities appealing to foreign buyers and holiday makers, and this option is more convenient if you require additional extras for the interior or the room disposition of your apartment.

How do I find my Bulgarian property?

You can of course try to find your Bulgarian property on your own but before doing that ask yourself whether you have the ability to do the necessary research as regards actual prices, market availability and the legal aspects of property purchase, time to view the properties and skills to negotiate with prospective sellers. If you are not sure you can handle all these things and don't want to face the inherent risks, MIRELA can ensure a quick and trouble-free buying process for you. Using the search engine in our web sites you can easily browse all the properties offered by the agency by type, by location, by price or other criterion. Contact our brokers for any further details and questions without hesitation. The only thing you have to do is to choose, leave the rest to us – we will arrange all the tedious formalities.

How long does buying a property in Bulgaria take?

Common practice shows the process of the real estate property purchase in Bulgaria takes about a month. The first thing you will have to do is to conclude an order-contract with MIRELA, then we will arrange viewing trips so that you can choose a property that suits your needs. When you have made a decision, you will have to pay a deposit to reserve your property until a preliminary and a final contract of purchase is signed. Read further details on how to buy property in Bulgaria .

How do I register my property in Bulgaria?

The notary will register the notarized deed at the registration office with the respective district court. This can be done by the parties too, but it is most common for the notary to do it. Registration usually takes from 1 to 3 days. Read more info here .

According to the Bulgarian legislation every foreigner who does not possess a Bulgarian personal identity number or a foreigner's identity number and owns a real estate property in Bulgaria has to be entered into the BULSTAT Register at the Registry Agency, Ministry of Justice within 7 days of the purchase.

What kind of tax do I owe for my property purchased in Bulgaria?

The amount of taxes and fees varies according to the location of the property.
There are two kinds of tax for the property owners to keep in mind:
- property tax, paid annually, based on 0.15% of the tax value of the property (calculated by the respective tax department and different from the market price)
- refuse fee,  paid annually, based on the property value, varying from 1.6 to 5 per 1000 according to property location and municipality.
Further info on taxation related to property ownership here .

What is the cost of living in Bulgaria? Taxes, expenses?

Bulgaria is a full member of the EU since January 2007 and has been working hard towards the levelling of its standards of living with those of the Union. The prices of consumer goods are comparable to the ones in other EU countries; while services remain cheaper.
House insurance ranges depending on the type and location of the property and amounts to EUR 100-200 annually.
Example: a property priced EUR 30,000 is insured against theft, flood and fire costs for EUR 125 per year.
The gasification network in the country is still at an initial phase of development with the central heating system dominating as the basic heating means.  Central heating monthly expenses for a 2 bedroom apartment come up to about EUR 70. Villas and country houses still use wood and coal, which is a cheaper way to keep a house warm. Electricity used for heating purposes is more expensive than gas or central heating.
The annual taxes for owning a property depend, it goes without saying, on the location and the type of the real estate. The most expensive estates are in the capital and the famous tourist destinations - about EUR 150 for a 2 bedroom apartment (EUR 80 for the countryside).
Hiring a gardener, maintenance man or a construction worker is not expensive in view of the fact that the average salary in Bulgaria is around EUR 200.

Can I rent out my Bulgarian property profitably?

Yet another positive answer should be given to such a question. A good quality ski chalet or a seaside villa can generate excellent seasonal yields. Commercial and office space in prime locations have been traditionally regarded successful investments. The same can be safely said about high-quality residential estates in Sofia. MIRELA Real Estate Agency offers excellent property management services, including renting out, maintenance, renovation, etc. For a complete list of our services click here .

If you didn't manage to find the answers to your questions here, you can submit an enquiry here .