If you are interested in buying real estate in Bulgaria you have reached the right resource people. We can make your experience of buying a house in Bulgaria one of the easiest investments that you have ever made.
To buy property in Bulgaria as a foreign national you need to set up a Bulgarian Ltd. Company, as you are not allowed to invest directly as a foreigner. So it is only after you set up a company that the company is allowed to invest in real estate in Bulgaria. Naturally as you will set up the company you will own the company and all its assets, which will include the land or the house in Bulgaria.
Now you need to find people who can help you set up a Bulgarian Ltd. Company to buy property. In Bulgaria there are many agents who will make it easy for you to make your investment in real estate. In Bulgaria you will also find people who are more than willing to take advantage of the fact that you know nothing about the local laws and market procedures. If you are still keen on making that investment, you need us.
Land in Bulgaria is comparatively cheaper and far more likely to escalate and give you good returns. It is a good investment in the long term and we can help you pick and choose so that you buy property in Bulgaria that will bring you rich returns on your initial investment. Our lawyers will help you set up the Bulgarian Ltd Company that you will need to do the investing.
The process involved is relatively simple when you go through us rather than try and do it on your own. You sign all the necessary documents and give us powers of attorney to set up the company and acquire land on its behalf. The seed money for the company will come from two deposits of 600 Euros each in a temporary bank account. The first deposit is the capital for you to buy property in Bulgaria and the second one is to pay the state and solicitor fees.
The account will be opened by our lawyers and the money will stay there for the next twenty days or so till the company registration is completed. Once that is done we get the property ownership rights for you to buy property in Bulgaria. Now we are ready to buy a house in Bulgaria. The process of viewing suitable properties now begins and then we make the purchase. It can take anything between two to three months to complete the process. There will be transport expenses of 20 Euro cents per km while viewing properties or traveling from once place to another.
Other expenses that will get added to the total when you buy property in Bulgaria are the actual cost of the land or house, our 3% commission, and about 3-5% extra for the stamp duty, solicitor fees, notary taxes, and company accountancy and property maintenance, etc. The fees will differ based on if you buy land or a house in Bulgaria.
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