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How can you remotely sell property in Bulgaria safely and quickly?

Do you want to sell your property in Bulgaria, but are unable to come to the country because of restrictions? In this situation, the only way out is to sell the apartment remotely by proxy. This article will discuss:

  • How safe are transactions without the personal presence of the seller?
  • What documents are required for remote sales and how to send them to Bulgaria?
  • How can I get money?
  • How long does the transaction take? What are its stages?

We answer these questions in detail.

Taras Rozgon, CEO of BolgarskiyDom:

"In 2020 - early 2021, 90% of transactions for the sale of Bulgarian housing by foreigners were carried out remotely. This is a common practice for the real estate markets of Bulgarian agencies mastered this kind of service in 2010-2015, when they served mass sales of real estate from the British, who were practically not present at the transactions.”

Why are remote transactions safe?

Remote sale of real estate is 100% safe, as it is carried out by a licensed Bulgarian lawyer on the basis of a power of attorney from the seller. The lawyer represents the interests of the seller: prepares documents, accepts money from the buyer to a special lawyer's account, signs a contract of sale with a notary, sends the received funds to the seller's currency account in Russia or another country of residence.

The state lawyer's license is a guarantee of the security of the transaction. Its relevance can be checked by the individual number of the lawyer on the website Public.bar-register.bg.

Lawyers value their license and do not practice illegal actions. Any violation on the part of the lawyer threatens to revoke the license and criminal prosecution.

To further protect the seller, the contract specifies the value of the object, the number of the recipient's currency account, and the deadline when the money should be transferred.

BolgarskiyDom.com - is the largest real estate agency on the Black Sea coast of Bulgaria. For 12 years of work, we have conducted hundreds of transactions for the remote sale of apartments, houses and apartments. We cooperate with trusted Bulgarian lawyers and guarantee the seller 100% transparency, security, and full support of the transaction. We will help you quickly and remotely sell an apartment or house in Bulgaria at an attractive price.

Our Russian Clients

Alexander's review of the remote sale of an apartment in Pomorie
From: Khimki, MO
Sale: March 2020
Tatiana's review of the remote sale of real estate in Sunny Beach
From: Perm, Russia
Sale: July 2020
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Stages of remotely selling an apartment in Bulgaria

Stage 1. Providing information about the residential property.

You leave an application for the sale of real estate on our website, specify the desired price, the location of the object, its characteristics (residential complex, apartment area, condition, availability of furniture and appliances). After that, our manager contacts you and agrees on the terms of cooperation.

In order for us to add your object to our site, you must send:

    < li>photos of the apartment or provide our employees with access to the apartment through the complex manager for photo and video shooting. < li>a copy of the document on the right to property (notarized contract of sale).
Step 2. Choosing the format of cooperation.

You can choose one of two formats of cooperation with our agency:

    • Standard: we add your property to the site and connect free advertising channels for your property (paid channels are not used). At the same time, you can cooperate with other realtors. When we find a buyer, a contract is signed, and you stop working with other agencies.
    • Exclusive: you entrust the sale of the object exclusively to our agency on the basis of an exclusive cooperation agreement. We connect all our available features (paid advertising, priority placement on advertising platforms and on the websites of our partners in Bulgaria and the EU).
      Advantages: The exclusive format allows us to use 100% of all advertising channels and guarantees a quick sale of your object.
Stage 3. Object reservation.

When a buyer is found, we send you a contract for the provision of legal services in text format by e-mail. You will send back a signed scanned copy of the document by email.

After that, we conclude a reservation agreement with the buyer, control the transfer of the deposit to a special lawyer's account, and remove the object from sale. We inform you by mail about the receipt of the deposit, we begin to prepare the documents.

The approximate date of the transaction is specified in the reservation agreement (the actual date depends on when the documents are ready).

Stage 4. Preparation of documents (1 week).

The lawyer prepares a package of documents (power of attorney and 3 declarations), which we send to you by e-mail.

You print out and notarize these documents at your place of residence, and then send us scanned copies for verification. If there are no errors, send us the notarized originals by courier service.

After receiving the documents, the Bulgarian lawyer orders from the cadastral service (Bulstat) and the tax inspectorate the documents necessary for the sale (tax assessment, cadastral scheme, certificates of absence of encumbrances and property tax arrears).

Previously, the package of documents is checked by a notary.

Stage 5. Conclusion of the main transaction.

Your lawyer (the manager of our agency), the buyer or his authorized representative are present at the notary office. The buyer transfers the required amount to a special lawyer's account, after which the lawyer signs a notarial act on your behalf.

The transaction is completed.

Step 6. Sending documents and transferring money.

On the day of the transaction, the lawyer transfers the money to the seller's account specified in the contract in euros, as well as a scanned copy of the notarial act. The original contract is sent by courier service by prior arrangement.

Анна Писарева
Anna Pisareva, Consultant Manager at BolgarskiyDom:

«The process of remotely selling an apartment takes about 1 month. In an urgent order, the transaction can be made in 2-3 weeks. The seller receives the money to the currency account opened in his bank within 1-3 working days after the notarization of the transaction (the period depends on the bank).»

Advantages to cooperating with the "BolgarskiyDom" agency

  • Good site visibility in Yandex and Google search engines.
    Thanks to our TOP-3 positions in Google and Yandex search results, our site is visited daily by hundreds of potential buyers from Western Europe. We actively offer them your real estate.
  • Extensive advertising opportunities.
    We place ads on dozens of websites in Bulgaria and abroad.
  • Large network of partners in the EU states.
    We cooperate with many real estate agencies in Germany, Poland, Great Britain, Israel, and other European countries.
  • Extensive experience and impeccable reputation.
    Numerous positive reviews from grateful customers are the best argument in favor of cooperation with us.

Despite the coronavirus restrictions, hundreds of clients from Moscow and other Russian cities remotely sold their real estate in Bulgaria through the company BolgarskiyDom.com. Contact us, we will help you.

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Reviews

Galina (Russia)

The company that was recommended to me is wonderful guys. They found

Read full 23-07-2024
Vladimir and Julia (Russia)

The guys know their stuff. Great job.

Read full 03-07-2024
Sergey and Nadezhda (Ukraine)

Thank you to the staff of Bolgarskiy Dom for their professionalism and

Read full 20-06-2024
Lyudmila (Ukraine)

This company is staffed by considerate, intelligent, and responsive people who are

Read full 09-06-2024
All reviews
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