Buying Bulgarian properties

Buying property in Bulgaria is surprisingly easy and safe. The system for buying and selling property in Bulgaria is straight forward. You will need to find an estate agent first, then, once you have found a property that fits your requirements you will need a lawyer. Normally your estate agent will introduce you to a lawyer. Buying property in Bulgaria starts with the lawyer (advocate) and finishes with the notary. If all the documents are in order, the whole process of buying your property in Bulgaria can be transacted in one day. However, the process normally takes thirty days, this is the normal contracted time from your deposit and pre contract, to the final payment and completion of the deal.

Foreign people are not allowed, according to the constitution of Bulgaria, to buy land. The government of Bulgaria is very keen to attract inward investment, recently this has been in the form of foreigners buying property in Bulgaria.

So how is this possible? The formation of a legal entity is required to facilitate the buying of property in Bulgaria. This comes in the form of a limited company. Your lawyer will do all this for you all you need do is think of a name for the company.

How much would you expect to pay for a property in Bulgaria?

If you are buying property in Bulgaria for a holiday home, or buying a home to live in permanently, try www.thebulgarianpropertycompany.com  or have your have property built for as little as £25,000 www.newbuildbulgaria.com  is a good starting point for this information.

Buying property in Bulgaria can start from two or three thousand pounds to over a hundred thousand pounds. Think about why buying property in Bulgaria is important to you. Are you buying for a holiday home? Buying for investment? Or are you buying to live here?

If you want to find out more about buying property in Bulgaria, telephone The Bulgarian Property Company on 00359 886 234 289 or e-mail: managebg@aol.com or take a look at the web site www.thebulgarianpropertycompany.com we can take the headache out of buying property in Bulgaria, and help you avoid any pitfalls with our extensive local knowledge. Buying property in Bulgaria was written by Paul Watchorn.