Buying Process in Bulgaria Buying an apartment.
The purchase of an apartment in Bulgaria is pretty much the same as in the UK. We need the services of a Notary to transfer the legal title or ownership of the property from the developer to the client. We also need the services of an Advocate (Solicitor) to make sure the searches are clear and that correct planning permissions have been granted and adhered to. He is also responsible for registering the property with the national land registry in Sofia. This process is relatively simple and straight forward and is very easy to follow with the help of a government licensed and approved translator. The translator must sign a declaration to say that they have translated the relevant documents for you and that you understand them and the process. Buying a Villa. Buying a villa is slightly different in that foreigners cannot at present own the freehold of the property. |
However to get around this you simply have to set up a Bulgarian Ltd company. This is easy to do and with our help should only take a few days, the cost is around 400 pounds and we have all of the professionals in place to make this task as easy as possible, of course you may wish to appoint your own people to form your company. Our management company is in place to help you with all aspects of your investment in Bulgaria. We operate a full “hold you by the hand” service we will help you with bank accounts, property maintenance, letting service, accountants, advocates and notary. Our service includes a full after sales service we will be pleased to help you with any aspect of your Bulgarian purchase, even if you only need the phone number for a taxi or a recommendation for a restaurant, or help with the purchase of sun beds or furniture. |
