FAQ
Frequently Asked Questions
No. Remote purchases are made possible by authorising us to purchase a property on your behalf with a Power of Attorney. Alternatively, we can purchase the property into a holding company, ready to be transferred to your name when you can be here.
Buying a property in Bulgaria is simpler than most people expect – especially when have us guiding you every step of the way.
Heres how it usually works;
1) Find your dream property! Browse our listings or get in touch to tell us what you are looking for. We’ll help match you with suitale options and arrange viewings.
2) Reserve the property! Once you’ve found “the one”, a 10% holding deposit is usually paid to secure it while we prepare the documents..
3) Sign the preliminary contract! This agreement sets the final price, payment terms and completion date.
4) Completion at the Notary! The final payment is made, documents are signed in front of a Notary, and the property officially becomes yours.
5) Congratulations – You are a home owner in Bulgaria! We can help with changing the utilities, and any other aftercare you require.
Agency commission €750 or 2% of purchase price (whichever is greater).
Property transfer taxes (including Notary fees, etc) of about 4.5% of the price written on the deed (please note, it is common practice for the price put on the deeds to be significantly lower than the actual purchase price. The price written on the deeds will be decided between the buyer and seller and we are happy to advise and mediate with this).
€600 for registration of limited ownership company (not necessary for citizens of EU/EEA)
€100 to authorise us to act as your representative in this country.
Monthly payments will only be considered with a minimum 50% down payment. Will will consult the seller and propose a payment scheme that could work for both parties.
No. We have a legal representative in the U.K. who can assist with your sale. If you are not based in the U.K. or Bulgaria, we can help to find the right legal assistance to sell your house from abroad.
We will come and value your property, discuss the various packages we have available and decide which one is best for you.
We then sign a contract subject to your needs, our conditions and obligations.
From here we do all of the hard work marketing your property and dealing with clients. If you are in an area where we do not have an office or representative nearby, we will still list your property for you but may ask that you or a key-holder can be nearby to show potential buyers around at a mutually convenient time. We will always be on the end of the phone if the you or the client need help or translation during viewing.
You also have the option of authorising us to deal with the entire process on your behalf. It really couldn’t be more simple!
Everything from property maintenance and management to providing quotes for full renovations to paying bills and translating. If there is a service you require, we will do our best to provide it!
No. You can authorise us to purchase a property on your behalf via a Power of Attorney, or we can purchase a property into a holding company in your absence, ready to be transferred to you when you are able to be here to sign at a Notary. All done with legally binding contracts.
Save the property/properties you are interested in on our website.
Let us know if and when you can view. We can arrange individual trips to the site/s.
Once you have decided a property is right for you, you are required to pay the deposit and sign preliminary agreements.
The deposit (at least 10%, which is negotiable with the seller) will secure the property for 6 weeks (also negotiable with the seller), giving you plenty of time to complete the sale.
It usually takes 2 weeks for us to obtain and prepare all documents ready for transfer (this can often be fast tracked if required), after which time we will meet at a Public Notary to transfer the property to your name.
The deposit and the agency commission are not refundable in any case of failed purchase because of the buyer’s fault.
Agency commission €750 or 2% of purchase price (whichever is greater).
Property transfer taxes (including Notary fees, etc) of about 4.5% of the price written on the deed (please note, it is common practice for the price put on the deeds to be significantly lower than the actual purchase price. The price written on the deeds will be decided between the buyer and seller and we are happy to advise and mediate with this).
€500 for registration of limited ownership company (not necessary for citizens of EU/EEA).
€100 for checking all of the legibility of the documents and for official translation at point of sale.
€100 to authorise us to act as your representative in this country.
Monthly payments will only be considered with a minimum 50% down payment. Will will consult the seller and propose a payment scheme that could work for both parties.
No. We have a legal representative in the U.K. who can assist with your sale. If you are not based in the U.K. or Bulgaria, we can help to find the right legal assistance to sell your house from abroad.
We will come and value your property, discuss the various packages we have available and decide which one is best for you.
We then sign a contract subject to your needs, our conditions and obligations.
From here we do all of the hard work marketing your property and dealing with clients. If you are in an area where we do not have an office or representative nearby, we will still list your property for you but may ask that you or a key-holder can be nearby to show potential buyers around at a mutually convenient time. We will always be on the end of the phone if the you or the client need help or translation during viewing.
You also have the option of authorising us to deal with the entire process on your behalf. It really couldn’t be more simple!
We are an estate agency, and as such our primary focus is on the buying and selling of real estate. That said, if there are extra services which you require, we will always do out best to assist or to point you in the right direction. All you need to do is ask.