Nova Residence

Nova Residence is a completed complex by the developer Fort Noks in the quiet Fregata area in the south of Sunny Beach, about 400 m from Cacao Beach. Four buildings of up to six storeys with lifts surround a gated courtyard with a pool, sun loungers and green areas. Studios and one- and two-bedroom apartments from 37 sq m are sold finished, with fitted bathrooms.

What to know before you buy

• Completed complex. The buildings already stand, so there is no wait: keys are handed over after the first payment, and the apartment can be used or rented out straight away.
• Renovation. The developer is renewing the facades and balconies, building systems and common areas in stages. Completion is planned for 2027, and the work is organised to keep disruption to residents low.
• Instalments. 5% on signing the preliminary contract, 10% each after 2 and 4 months, and the balance in quarterly payments. The first 12 months carry no price increase, the total term is up to 10 years, and a larger first payment earns a discount.
• Apartments. About 150 apartments in four buildings: studios, one- and two-bedroom apartments and a few large units on the upper floors, facing the pool or the garden.
• Grounds. A gated courtyard with a pool and sun loungers, landscaping and lifts in the buildings. The developer plans a children's playground.
• Documents. Before a deposit is paid, we check the developer's rights, the occupancy documents and the contract terms: payment schedule, renovation timeline and the liability of the parties.

Fregata is a quiet residential area in the south of Sunny Beach, between the resort and Nessebar. Cacao Beach is within walking distance, there are supermarkets, cafes, restaurants and bus stops nearby, and the Old Town of Nessebar and the resort centre are a few minutes' drive away. People live here all year round.

The complex suits buyers who want a seaside apartment without waiting for construction and with a convenient developer instalment plan: for summer holidays, rentals or permanent living.