Multi-Room Apartment 243 sqm for Sale in Nesebar | Penthouse Panoramic Terrace

About the Apartment

This apartment covers 243 sqm of living space and is located on the 5th floor of 5 in a lift-equipped building constructed around 2007. The asking price is 194,400 EUR, which equals 800 EUR/sqm. The building does not yet hold Act 16 (the final occupancy permit) and is at the stage of being introduced into operation. An electricity account is already registered.

The layout includes an entrance hall, a large living room with access to the terrace, a separate kitchen, 3 bedrooms, a study, and 2 bathrooms with toilets. One bathroom has a bathtub and a skylight window. The panoramic terrace provides substantial open-air space at the top of the building.

The property is habitable but requires renovation and refreshing. The terrace has waterproofing already in place. The floor plan easily accommodates a full penthouse conversion, should the buyer choose to invest in finishing works.

Important: Due to the absence of Act 16, bank financing is not available for this transaction. Sale is to cash buyers only. Viewings are arranged with key access.

Who Is This Property For?

This apartment suits a cash buyer who understands the specifics of purchasing a property without Act 16 and can structure the transaction independently. It is also a practical option for an investor seeking large floor area at a low price per sqm in the Nesebar area.

The layout supports use as a primary residence combined with a home office. Three bedrooms, a study, and two bathrooms provide sufficient space for a family or for a mixed residential and professional setup.

The property sits near Olimpiyski Nadezhdi beach. The quiet surroundings and the large terrace also make it suitable for seasonal use or tourist rental after Act 16 is obtained and renovation is completed.

About Nesebar

Nesebar is a coastal town in Burgas Province, situated on a peninsula in the Black Sea. The old town of Nesebar is listed as a UNESCO World Heritage Site and draws significant tourist numbers throughout the year.

The town is approximately 35 km from Burgas and 3 km from Sunny Beach resort. Burgas Airport is around 30 km away, with regular flights during the tourist season and year-round connections to major European cities.

The local area has supermarkets, restaurants, pharmacies, and medical facilities. The coastline around Nesebar includes several beaches, with Olimpiyski Nadezhdi beach located directly near this property.

Price and Market Context

The listed price is 800 EUR/sqm. The average market price for apartments in Burgas according to imot.bg (19/03/2026) stands at 1,904 EUR/sqm at the time of the publication of this property.

The price of 800 EUR/sqm is substantially below the market average. This gap directly reflects the risk associated with the missing Act 16. The buyer acquires a large floor area at a low unit price but takes on administrative uncertainty until the occupancy permit is finalised.

For comparison, prices in Nesebar and surrounding resort areas vary widely depending on the building’s legal status, proximity to the sea, and completion level. Once Act 16 is obtained and renovation is carried out, the market value of this property would approach the average price levels for the area considerably.

For viewings and information: contact us.