After the notarial deed for your apartment has been registered with the Registry Agency and you have officially become the owner of your new home in Santa Marina, there are a few important steps ahead:

1. Inspection of your new property
   We recommend a thorough inspection of your apartment after acquisition.
   In case you identify minor discrepancies or the need for finishing adjustments, our team remains at your disposal to ensure their prompt resolution – with attention to every detail.
2. Electricity account transfer
   Upon acquiring the property, the ownership of the existing electricity account must be transferred to the new owner.
   This procedure is carried out with EVN Bulgaria and can be requested at any of the company’s offices nationwide.

The following documents are required:
– Notarial deed of ownership;
– Identification document of the new owner;
– Identification number of the consumption point (ITN).

The process is standard and efficient, ensuring a smooth transfer of all rights and obligations to the new owner.

3. Water metering
   The apartments are equipped with water meters for both cold and hot water, which are monitored by the property management company.

Owners who are not Bulgarian citizens are required to register with the Registry Agency at the respective District Court (for Santa Marina – Burgas). This is necessary for the administration of local tax obligations.

At the same time, the property is registered in the Cadastre Agency in the name of the new owner.

Annual Costs

As a property owner in Santa Marina, you should also consider the following annual expenses:

• Municipal taxes
  All individuals and legal entities in Bulgaria are subject to two types of local property taxes – building tax and waste collection fee.
  The total annual amount for Santa Marina apartments currently ranges between €50 and €250.
• Annual maintenance fee
  This fee is regulated by your Maintenance and Management Agreement for Santa Marina.
  The exact amount depends on the size of your property and typically ranges between €800 and €2,500 per year.
• Utility costs
  Utility expenses in Bulgaria are relatively low.
  Based on current prices for electricity, water, telephone, internet, and cable TV, and under standard usage, the total annual cost is approximately €450–€500 per apartment.

Depending on your personal preferences, you may handle all procedures independently or entrust them to us.
The Santa Marina team is ready to assist you at every step of owning your new home.