In this article we will give brief answers to the most frequently occurring of the buyers questions. More information on your issue you can learn from a detailed article on this topic in our directory.
What complications can arise from the citizen of Russia on acquisition of real estate in Bulgaria?
A citizen of Russia or any other country can easily purchase a property in Bulgaria if you have a valid passport. The only difficulty is the acquisition of land, because in Bulgaria there is a ban on the sale of land to foreigners. To circumvent this prohibition, it is necessary to open the company and to issue the purchased land to the legal entity.
How to check the legal purity of the object?
The absence of encumbrances on the subject is confirmed by the corresponding certificate from the public registry of property. All notaries in Bulgaria have access to the database of real estate and can check the legal purity of the object online. Our company provides a full range of services for the authentication of documentsprovided by the seller of property.
What are the documents required for the acquisition of property in Bulgaria?
You need to provide your valid passport, certificate of citizenship and marital status, as well as a Declaration confirming the origin of funds and lack of tax debts.
How to pay for the transaction in cash or by Bank transfer?
Bulgaria adopted the law on mandatory cashless payment for all amounts in excess of 7500 euros. So You need to open a Bank account, transfer money and already from this account to pay off the seller.
What part of Bulgaria's best to buy a property?
When buying a home, determine for yourself how you want to use: for permanent living or just for vacation in the holiday season. If You buy an apartment or house for year-round use, then it is better to choose housing in major Bulgarian cities or their surrounding area, such as Varna, Sofia or Burgas city, as life seaside resorts and almost dies in the off-season period. To help You navigate, here is a list of the most popular among Russians regions of Bulgaria.
- Marine regions: Near Bourgas (Sunny beach, Sozopol, Pomorie, Obzor, St. Vlas). Varna and its surrounding resorts (Golden Sands, Albena, SV. Constantine and Elena).
- Ski resorts: BoroWeeze, Pamporovo, Bansko.
- Village: Balchik, Kranevo, Priseltsi, Stara Zagora.
In a separate article you can learn more to read about the locations of the Bulgarian resorts, or you can contact our Manager and consult about which area of the country to buy property.
How to use Your services when buying a property?
On our site you select any object, fill in the electronic application form on the website and send it to us. You can also call us at the numbers listed in the upper right corner of the website, write an email or visit our offices and we will gladly answer all your questions. Our Agency works with clients on the basis of the contract that spells out all the terms of cooperation.
Is it possible to buy real estate without my presence?
Yes. According to Bulgarian legislation the sale of real estate may be carried out without the personal presence of the seller. In this case, the purchase is made through an authorized representative on the basis of a notarized power of attorney. If You are too busy, we may assume Your legal representative for an additional fee.
How should I pay and can I make a purchase in installments?
The standard purchase procedure is as follows: first, the customer leaves a Deposit, the minimum size is 1000 euros, then puts the remaining amount before signing the main contract. We can pay in installments, but its relevance for a particular object and conditions for the grant you must check with the Manager.
