Buying a property in Bulgaria is relatively simple and straightforward process. However some variables can make it a bit complex. We are here to help and guide you through every stage of your purchase. There are several important steps that must be made to purchase a property in Bulgaria and our friendly professional team will be always ready to guide you and to give you expert advice.
Buying in Bulgaria is easy and is not more or less difficult than buying in any other foreign country. There is only one specific thing that is to be taken into consideration and it is that according to the Bulgarian Constitution and legislation foreign persons currently can acquire only buildings but not land on which the buildings are built.
Purchase of off-plan developments does not require company incorporation.
If a land is included this is easily overcome by forming a Bulgarian registered company with you being a sole owner and director.
This law is due to be removed before EU membership in 2007 and it is one of the main reasons that property prices are so attractive compared with Western Europe.
Please find bellow the steps for buying a property: |