Olympia Residence 5

Olympia Residence 5 is the new, fifth phase of the Olympia Residence complex in Ravda, on the very first line: the plot is about 50 metres from the beach, with direct access to the sand. It is a boutique four-storey building with only 19 apartments — one- and two-bedroom units and a penthouse with a large terrace on the top floor. Apartments range from 73 to 298 sq m in total area. The grounds have a panoramic pool and a restaurant, and there is an underground garage below the building.

What to know before you buy

• First line. The building stands right by Ravda beach, with only the promenade between it and the sea. Apartments on the sea side look out over the water and the Nessebar peninsula.
• Apartments. There are 19 apartments on four floors: one-bedroom and two-bedroom units and a three-bedroom penthouse. Many have spacious terraces, and some on the top floor have roof terraces.
• Timeline. Construction is under way; ground level was reached in November 2026. Completion is scheduled for 2028.
• Payment. Payments follow the construction stages: 30% on signing, 20% each at ground level, at Act 14 and at Act 15, and the remaining 10% on the notarial transfer.
• Building and grounds. Two separate entrances, each with its own lift. A panoramic pool with a lounge area, a restaurant in the building and an underground garage with 22 parking spaces.
• Documents. Before a deposit is paid, we check the developer's rights to the land, the building permit, the construction stage and the terms of the contract: the payment schedule, deadlines and the liability of the parties.

Olympia Residence 5 is being built next to the completed Olympia Residence buildings on the southern side of Ravda. The Old Town of Nessebar is about 2 km away, and Sunny Beach and Burgas airport are a short drive along the coast road. Shops, pharmacies, cafes and bus stops to Nessebar and Burgas are open in Ravda all year round.

The complex suits buyers who want an apartment genuinely on the first line rather than a few blocks from the sea: for family summer holidays, for seasonal rentals or as an investment in a new build with a clear payment schedule.