According to the Bulgarian act on foreign investment foreigners can buy buildings but not land. Therefore the most common method is to set up a company which then owns the property. We can organize the entire process from start to finish together with all aspects of conveyance and we will guide you through the maze of Bulgarian property law.
Our fees: commission 5% of selling price of the property you purchase various fee for viewing trip which is refundable in full on the completion of any sale 600 euro to register you with a Bulgarian limited company. This price includes: - All lawyers fees - All notary fees - All court taxes - Registration of company in court, tax office, statistics office - Tax card, Bulstat card, company stamp 200 euro - Translation of documents, prepare of Preliminary contract and Notary act, courier charges if any. you will need to open a bank account with 3500 euro (money can be draw out as soon as the company is registered) 3% notary charges
Our service: Full checks on property (on ownership documents, land sketch, securing proper title deeds) - Organizing of a preliminary contract - Signing of final contract - Organizing the payment of the 3 % property tax to the Tax authorities - Declaration of the purchased property in the Tax office - Translation into English We can also help you with hotel accommodation and airport pick-up if required.
