Key Features

• DevelopmentNova Residence
• CountryBulgaria
• LocationSunny Beach, Fregata / Cacao Beach area
• Sales offer presented byFort Noks
• Project typeRenovation of an existing development
• Buildings with apartment offersA, B, C and R
• Property typesStudios and apartments with one, two or three bedrooms
• Total property areas37.24–164.69 m²
• GroundsGated
• FacilitiesSwimming pool
• ViewsGarden, pool or both
• Distance to the seaApproximately 600 m
• Target renovation completionEnd of 2027
• PricesFrom 64,500 €
• Initial payment5%
• Instalment plansFrom 1 to 10 years, subject to contractual terms

Location near Cacao Beach

Nova Residence is located in the Fregata area of Sunny Beach, near Cacao Beach.

The location suits buyers who want to spend time by the sea while using the resort’s amenities.

When choosing an apartment, consider the building’s position, window orientation and walking route to the beach.

The sea is approximately 600 metres away. Check the actual walking route from the selected building.

Renovation Concept

Nova Residence is an existing development undergoing renovation.

When purchasing, assess the current condition of the selected apartment and the scope of renovation work included.

Confirm the planned improvements to the apartment, communal areas and grounds, together with the work schedule for the relevant building.

The purchase documentation should specify the condition in which the property will be handed over and any work or costs to be covered separately.

Apartments and Layouts

The sales selection comprises 134 properties across buildings A, B, C and R.

This figure refers to the properties in the selection, while the total number of apartments in the development requires confirmation.

Options include compact studios, one-bedroom apartments and larger family layouts.

Two- and three-bedroom apartments provide space for children’s rooms, guest accommodation or a home office.

Properties vary in area, floor and outlook.

Some apartments face the garden, while others overlook the pool or both areas.

When comparing options, consider natural light, privacy and activity in communal spaces.

Grounds and Leisure

The gated grounds and swimming pool provide space to relax close to the apartment.

Residents can spend time within the development or walk to the sea.

Parking, security services, fitness facilities and children’s amenities require separate confirmation.

Property Prices

• Studio from 64,500 € — building A, apartment 2, ground floor, total area 38.73 m², garden view
• One-bedroom apartment from 96,900 € — building B, apartment 26, floor designated as 2, total area 60.74 m², pool view
• Two-bedroom apartment from 143,500 € — building A, apartment 7, ground floor, total area 106.42 m², garden view
• Three-bedroom apartment from 225,000 € — building R, apartment 13, floor designated as 5, total area 164.69 m², pool and garden views

Areas are stated as total area. Check the usable interior area and the area breakdown for the selected apartment separately.

Availability, prices and floor numbering should be confirmed before reserving.

Initial Payment of 5%

The standard payment schedule provides for:

• On signing the preliminary contract5%
• After 2 months10%
• After 4 months10%
• Remaining balance75%, paid quarterly under an agreed schedule

For a studio priced at 64,500 €, the initial 5% payment is 3,225 €.

This amount covers the first payment towards the property price. Other transaction costs should be budgeted separately.

Instalment Terms

• Payment within 12 monthsWithout an increase in the agreed price
• Over 1 year and up to 3 years5% annual interest
• Over 3 years and up to 5 years6.5% annual interest
• Over 5 years and up to 7 years9.7% annual interest
• Over 7 years and up to 10 yearsAvailable subject to confirmation of the interest rate

The interest calculation method, applicable rate and individual payment schedule must be agreed in the contract.

Payment Discounts

• Initial payment of at least 35%1% discount
• Payment of more than 50% on signing2% discount
• Full payment within two months3% discount

The purchase terms provide for the possibility of using the apartment after paying 5%.

Confirm discount eligibility, the handover date, the property’s condition and access arrangements during renovation before signing the contract.

Apartment Specification and Maintenance

The furniture, appliances and other equipment included with the selected apartment require individual confirmation.

Request the current maintenance agreement to establish the annual fee, how it is calculated and which services it covers.

Questions about Nova Residence