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Property in Bulgaria has doubled all investments made during the last year and a half. There is no sign that house and apartment prices in Bulgaria will stop their march toward new highs in the near future. The Bulgarian property market is booming and has not yet reached its normal levels. So, there is still money to be made. Buying a property in Bulgaria is an unique experience once you visit the country and feel the difference between any other place abroad. You can even purchase your dream property without leaving the UK - meaning you do not have to take unnecessary holidays. Our team of property advisors will guide you through the process and do all the work. It is that easy. We have many agents who gather Bulgarian properties for sale especially for our property database. We update the database a few times per day making sure that all information is accurate and all new properties for sale have been uploaded. If you are familiar with areas and towns you can use the map to browse Bulgarian properties in and around certain places. If you haven�t got the time to search for properties-just let us know. Send us an email with your requirements and budget and our sales team will be happy to send all available properties for sale. We work hard to help you buy the best bulgarian property
Guarantee Rental Agreement Bulgaria Property Investment Sofia Bansko Rentals
Property Management Guaranteed Rental in Bulgaria up to 8% return of investment per annum We cover every single area of Bulgarian property investment
Please feel free to contact our agents to find out further details about the best property investment you can make. We endeavor to meet your every requirement and assist you in any way we possibly can. Our detailed insight and knowledge in this market allows us to assist you immediately.
The purchasing process is as follows:
Step1 : Reserve a property with a property agent.
Step2 : Determine whether the sale is with land. If the sale is with land a company needs to be incorporated to hold the land. If sale is without land no company is needed.
Step3 : Sign the preliminary generally of sale with the agent (similar to �Sold subject to contract� in the UK) and give 10% deposit to the agent to secure the property for you exclusively. The Euro is generally the favored currency and of course most convenient foe European investors.
Step4 : If the property is already built, do the standard checks on the property using a reputable Bulgarian solicitor and structural engineer. If buying land you may wish to carry out a drilling analysis of the soil and subsoil to verify the suitability to build on this land in future.
Step5 : Sign the Notary Act (Contract of purchase) in front of a Bulgarian Notary either in Bulgaria or at the Bulgarian embassy in London. You will have to pay a translator to be present and this costs approximately 20 euros. Please note that the final Notary Act is not signed until the building is completed in the case off plan developments.
Step6 : The relevant taxes that investors purchasing property in Bulgaria will be liable for will vary from person to person due to a number of factors including your tax domicile, the extent of your business activities in Bulgaria, the nature of the property transaction and more.
While we are not qualified to provide tax advice there are some good sources of information available on the Internet with respect to Bulgarian Tax law which are listed below: |
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