Why Invest in Bulgaria or Bulgarian Property?

• Well positioned international tourist destination
  
  
• Property Prices are among the lowest in Europe
  
  
• Rare combination of natural environment and climatic conditions for year-round tourism which includes the Black Sea Coast for summer sun, and during the Winter excellent ski-ing facilities
  
  
• One of the few European destinations with strong growth
  
  
• 8,6% increase of tourists for 2002 compared to 2001 with 17% increase of tourists for 2003 compared to 2002 and a further 10% increase estimated for 2004
  
  
• Established holiday destination for British, Irish, Scandinavians, Germans and East Europeans
  
  
• Bulgaria is among the European leaders in economic growth with 4.9%
  
  
• Stable political environment & low country risk
  
  
• Bulgaria is member of NATO
  
  
• Bulgaria entered the EU in January 2007
  
  
• Steady increase of real estate prices
  
  
• Lower operational costs for real estate and electricity/water supply compared to other CEE countries
  
  
• Low cost of living
  
  
• Possibility of 100 % foreign ownership of land and property
  
  
• 354 km of coastline along the Black Sea and up to 2400 hrs of sunshine on it, and 3 major ski resorts
  

Travel time to Black Sea Coast & Bulgarian ski resorts is between 2.5 and 3.5 hours from any western European airport.

Process for Buying Property in Bulgaria

Bulgarian Property Finder are specialists in Bulgarian Property, and as such can offer you a total buyers package which no other Bulgarian Property Specialist company can offer.

Our buying process is simple;

• Browse our comprehensive property portfolio and decide on properties you wish to view
  
  
• Bulgarian Property Finder will arrange inspection trips for you to view the properties and the area
  
  
• We will advise on the best method to raise finances for your home using our specialist mortgage agency
  
  
• We will advise on purchase fees, maintenance costs & guaranteed rental options
  
  
• We will collect a deposit (normally 30%of the full value) and we will complete a contract of sale detailing the remaining stage payments
  
  
• Upon your final payment you will receive title deeds and keys for the property.

Bulgarian Laws Governing ownership of property in Bulgaria

If you’re buying an apartment it is usual for it to come without land therefore you do not need to worry about the fact that under the current constitution foreigners cannot directly hold title to land. If you’re buying a villa, chalet or house you will need to register a Bulgarian Limited Company and this will then own the property and the land on which it sits. It costs between EUR500 and EUR700 to establish a company and a good estate agent in Bulgaria will offer this service to you. Laws are currently going through the Bulgarian Parliament to make changes to the constitution and it is believed that by 2014 foreigners will be allowed to directly own land.

Legal Services

Bulgarian Property Finder recommends independent legal services from Balkan Consultants, an English speaking solicitors firm in Bulgaria. We have negotiated preferential rate for our clients for legal services. You can contact Balkan Consultants below:

Balkan Consultants Ltd Email Balkan Consultants
Tel: 00 359 887 933 461 Tel: 00 359 896 807 520

Balkan Consultants offer the following services;

• Verbal and written consultations with clients
  
  
• Representation
  
  
• Preparation of a preliminary contract
  
  
• Preparation of a title of deed, including inspection about the status of the real estate (mortgages,charges)
  
  
• Preparation of a power of attorney
  
  
• Registration of a company (Limited Liability Company), including the representation before the Banks, Tax, Social and the other state authorities

Note: All the above described documents will be prepared in English.

Why buy property in Bulgaria using Bulgarian Property Finder?

We specialise in Bulgarian property, so have unrivalled knowledge of Bulgaria and the process and implications of buying property in Bulgaria

We offer the best choice of properties in Bulgaria including beach apartments & villas, ski apartments & villas, city properties and development land, at the best pricesGuaranteed rental options offered on our off-plan property developments

Maintenance options available

We can help to rent your property in the future