How does the pay monthly property work in Bulgaria / Bulgarian Properties

Having in mind how popular the Pay Monthly option has become it is important to clarify how it works. It is easy and stress free and gives you the opportunity to move in immediately into the property you are purchasing right after the first monthly payment.
Here are the steps:
1. You send an inquiry about the property you like.
2. The agent receives the inquiry, confirms that the property is still available and gets back to you with details how to proceed and the different Pay Monthly options available for that property.
3. You decide which Pay Monthly option is the most convenient for you and make your first payment then send your passport details to the agent to prepare the pre-contract for your property purchase. At this stage you can move in, to start renovation, to rent and even to sell the property if your idea is to make some profit by reselling it.
4. Once you fulfill your monthly payments the ownership of the property is transferred to your name. The ownership is 100% freehold!

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