"Treasure Island" Holiday Apartment Complex is situated on the beach, 50 metres from the beach "Aurelia", in immediate proximity to the village of Ravda, which offers spacious, beautiful and clean beaches, reaching as far as the town of Nessebar. 

Sunny Beach Resort is only 1200 m. away, and the city of Burgas with its international airport - 18 km. One of the great advantages of the location of Treasure Island Complex is the proximity to the yacht ports in Aheloi and Sveti Vlas.

“Treasure Island” is a closed complex, which combines modern atmosphere and ecology space. The unique architectural design, an open space, light and peace are natural entered in the dynamic sea environment.

It offers numerous services to its inhabitants as swimming pools, a SPA centre with relaxing and energising procedures underground garages, shops, rent-a-car, jacuzzi, mud baths, etc.

Disposition: The apartment is on two levels - on the first floor is an entrance-hall /1.93 sq.m./, a spacious living room /23.28 sq.m./, together with a kitchen /4.50 sq.m./ and a bathroom with a WC /2.42 sq.m./. There is a vast balcony in front of all rooms /20.01 sq.m./. On the second level there is a corridor /6.94 sq.m./, a storage /8.33 sq.m./ and one self-contained room. There is a second bathroom with a WC /3.25 sq.m./ and two balconies.

Furniture: The apartments are for sale completely finished and are with air-conditioning, cable TV and the Internet.

Walls and floorings: Laminate and terracotta tiles, the walls are latex-painted

Bathroom and WC: Together, one on each floor

Balconies: There is one balcony on the first floor and two on the second

Garage: Underground garages and parking spaces

Additional information:

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.

Construction type: Brick

Stage of construction: the building is basically completed

Completion date: 05.2009

Number of bathrooms: 2

Balconies: 3

Joinery: PVC

• Permission for use granted
• New development
• Mortgage
• Elevator

Agent's valuation of the offer Excellent!

See the project

Property Taxes in Bulgaria

A foreign investor can invest in properties in Bulgaria either directly or through a local legal entity. Only Bulgarian-resident individuals and entities can acquire title to land, while non-residents may acquire only buildings and limited rights (e.g., leasehold and construction rights) to land.

If you are investing in Bulgaria, as a non-resident property owner, you could be liable for the following taxes:

Property Purchase Tax

The purchased property will be subject to a notary and a municipal tax. The notary tax is paid on the higher of the market price or the book value of the property. Rates vary and are typically less than 1%. In addition, 2% of the market value of the  property is paid as a municipal tax. This money goes to the municipality in which the  property is situated. You pay these taxes after you have signed the notary deed.

Annual Property Tax

All property owners in Bulgaria pay an annual property tax. The current annual tax rate for a house is 0.15% of the tax evaluation ( the value of the property as estimated by the state body) of the property.
In addition to this tax, owners also pay a waste-collection tax. The rate depends on the 
location and size of the dwelling. The amount of tax payable is usually about GBP30 per year 
for rural property and about GBP100 per year for apartments in city centers.

Tax On Rental Income

This is subject to a 15% withholding tax after deducting allowable expenses such as mortgage interest etc. It is not stable and depends on the gross  annual income of the person.

Wealth Tax

No Wealth tax in Bulgaria.

Capital Gains Tax (CGT)

This is levied at 15% on any increase in the value of the property.

Inheritance Tax (IHT)

This was levied at up to 10% up to 2004, but has been abolished altogether in 2005.

Value Added Tax

Transactions with land and lease of property for residential purposes are exempt from value added tax. All other real estate transactions are subject to VAT at the uniform rate of 20% (will be changed after Nulgaria joins to EU). The buyer/lessee is entitled to a VAT refund, provided it is registered for VAT purposes.

Corporation Tax

As some property interests in Bulgaria cannot be held directly by foreigners, buying through a local Bulgarian company is recommended. If you own a company in Bulgaria, note that in January 2005 the rate of income tax for a  corporation in Bulgaria was reduced from 19.5% to 15%. The tax year in Bulgaria ends on the 31 December. A limited company must file an annual report by the 31 March. If you incorporated a limited company to purchase a house or land, then there will be no  tax liability, as the company was not trading. However, you still must submit company  accounts to the Companies' House Register in Bulgaria every year to satisfy the authorities that the company was not trading. This is a legal requirement.