Paradise Residence 2

Paradise Residence 2 is a new development in Nessebar, approximately 650–700 metres from the sea. It will comprise four six-storey buildings with 50 apartments each, for a total of 200 homes: studios, one-, two- and three-bedroom apartments, and penthouses with large terraces. Apartments come with a turnkey finish, and furniture can be ordered separately. Construction is scheduled to start in October 2026 and finish in autumn 2028.

What to know before buying

• Apartments. The range includes studios from around 41 sq. m, one-, two- and three-bedroom apartments, and penthouses. The current price list includes one-bedroom apartments of about 54–65 sq. m and two-bedroom apartments of approximately 78–95 sq. m. Penthouses will have larger terraces.
• Finishes. All apartments are delivered with a turnkey finish — completed flooring and walls and a fitted bathroom — but without full furnishing. The developer offers separate furniture packages, allowing you to prepare the apartment for living or rental without organising the fit-out yourself.
• Payment. The reservation deposit is €2,000, topped up to a total of 10% of the price when the preliminary contract is signed. A further 40% is due at the start of construction in October 2026, 25% on completion of the structural shell, and the final 25% after construction is finished and ownership is registered.
• Maintenance fee. Current listings quote fees ranging from €12 to €16 per sq. m per year. For an apartment of 65 sq. m, this is approximately €780–1,040 annually. The exact rate should be confirmed in the documents for the chosen apartment before the reservation deposit is paid.
• Pools and grounds. Two pools are planned: a main pool measuring 20 × 7.5 m and a smaller heated pool of 12 × 6 m for a longer swimming season. The grounds will also have landscaped relaxation areas, a playground, a pickleball and badminton court, and round-the-clock security.
• Parking. Parking spaces are purchased separately from the apartment. Prices currently start at €7,990. If you need a car regularly, it is best to secure a specific space when reserving the apartment.
• Timeline. Construction is due to begin in October 2026 and is expected to take around 24 months, through to October 2028. Buying now means entering at the earliest stage, so the main advantage is a wide choice of layouts, while the main risk factor is the long wait for a completed apartment.

Paradise Residence 2 is next to the existing Paradise Residence 1 complex, approximately 400 metres from a large water park. The beach is within walking distance, while the neighbourhood lies outside the most densely developed part of the resort. Supermarkets, restaurants, transport and other Nessebar amenities are nearby.

Paradise Residence 2 is a good fit for buyers willing to wait until 2028 for a new apartment with finished interiors, pools and payments linked to construction milestones. When calculating the full cost, allow for the annual maintenance fee, furniture and parking. If getting the keys sooner or reducing annual expenses is more important, it is worth comparing the project with completed complexes in Nessebar and neighbouring Ravda.