Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale - Search Bulgarian property for sale
Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale
 
Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale

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All properties shown are priced according to their size and situation and most require some renovation work to bring them up to modern standards, unless they have been built in the last 10 years. As a rule of thumbs the cheaper the property the more refurbishment required. Naturally you will be advised at the outset of the costing for your individual needs.

Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale
Currently it is possible for Foreign Nationals to own any number of properties in BG however the land upon which they are built must be owned by a Bulgarian Company. The set up and running of your company in BG is one of the services we offer. A deposit of a minimum investment of Leva 5000 (around 1850 GBP) into your company's bank account is required at start up but this money can be withdrawn at anytime subsequently. 

No purchase should be undertaken without the services of a Bulgarian solicitor. A vital link in the buying chain, it is he who collates all the information regarding the searches to Title and prepares the Contract of Sale. No property can be sold in BG without a "clearance of debt Certificate".

A Notary - a government appointed lawyer - oversees the work of the buyer and sellers solicitors and formally agrees the sale usually about one month after the deposit is made.

All transactions are in the Bulgarian Language together with any legal documents that are required (e.g. Title Deed). As in any legal transaction in a country that is not in your native language we advise that a full service of interpretation and translation be undertaken. Bulgaria has official translators and interpreters who are licensed to provide complete cover of the legal side of your property purchase. Their name and registration number is recorded on your Title Deeds and Company Set up.

Simply the cost of securing your second home will cost a maximum of 30 % of the purchase price. This includes:

Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale 10% deposit to secure purchase

Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale Setting up of your Bulgarian company to own the land on which your property is situated to include the Bank deposit of 5000 leva to establish your company bank account (remember that this money is fully accessible after your purchase is complete) plus the legal and administration costs (non-refundable).

Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale Solicitor and Notary fees for BG Company Set-up

Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale Government Tax for BG Company Set-up

Bulgarian property - Bulgaria property for sale - Bulgarian properties for sale Official translation BG Company Set-up
It will be necessary for you to go to Bulgaria to sign the final papers. May I remind you that Bulgaria is a cash-based society and the legal bills and any tax will need to be paid, in cash at the date of completion. Please remember that any cash over 8000 Leva must be declare to Bulgarian Customs at your Port of Entry. They will be issue with confirmation that you are importing this money, its currency, without the certificate you cannot deposit the money into a Bulgaria Bank Account. There are no costs involved but heavy fines should you not make the declaration.

Once the Preliminary Contract has been signed, and the deposit paid, we will remove the price of your property from our web site and it will appear as SOLD SUBJECT TO CONTRACT.

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