Be sure the house you are buying has the “Usage permit” or Act 16, without this permit; you can’t legally rent the property or subscribe to the utility companies. The Power of Attorney is to be notarized – with certification of the signatures affixed and the content of the document. The country has a beautiful nature and it doesn’t cost much to live there. 8 posts Hi everyone, my name is Sabine. All our services are free of charge! The same applies to property acquired by inheritance, donation, and others which are not MPC. Now it's time to buy a real estate! Annual tax on the property After buying a property in Bulgaria its owner must start paying annual property taxes. Another week gone by here in Bulgaria, we have both been working hard clearing a garden in a house just sold by bulgarianpropertyexperts. VIEW: ID ... House Area: 130 m 2 … I most certainly will forward this article to him. Certificate of Marital Status of the seller(s) showing the marital status of the owner (co-owners) as of the date of acquisition of the property. Bulgarian law allows foreigners to buy property in the country. Best places to buy property in Bulgaria. Luxury house for sale in bulgarian mountain village, near South Black Sea. Introduction. We are pleased to offer for sale this two-storey house in Bulgaria, located in a picturesque village just 60 km away from the city of Burgas and 10 km from the city of Malko Tarnovo. We are pleased to offer for sale this two-storey house in Bulgaria, located in a picturesque village just 60 km away from the city of Burgas and 10 km from the city of Malko Tarnovo. Under Bulgarian law the transfer of property rights, as well as the establishment of limited rights in rem in respect of real estate is done by way of a formal agreement (generally referred to as a “Notary Deed”), executed by the parties and a duly qualified Notary Public authorized to act within the region of location of the property. necessary Sell property fast advertise sale properties on Homes Go Fast Since 2012 all EU persons are allowed to buy land and property in Bulgaria (without registering a business). 536 properties for sale in Sunny Beach, Bulgaria. Renting will allow you to get familiar with the area and make sure it works for you all year round. He always kept talking about this. A wide range of available apartments at attractive prices, suitable for rental income. In the event that the property is not acquired during the marriage, it is not considered MPC (matrimonial property community), but if the property is the registered address of the spouse, a statement is to be filed as per Art. • Sales Contract executed under the Ordinance on State-Owned Properties; I am continually searching online for new ideas that can facilitate me. Required fields are marked *. FEATURED PROPERTY 23. Clear title is king when it comes to buying property in Bulgaria. 6. Buying a house in Bulgaria Sabinechapeaux. Rent in Bulgaria on average is 74.06% lower than in the UK. I appreciate you for sharing…. The most common mistakes made when buying a property in Bulgaria can be summarized as: Paying a deposit to reserve a property. 10. At resorts complex starting at 450E per square meter. In the event that the seller is unable to attend the performance of the deal personally, he/she is legally entitled to authorize a third person to represent him/her by means of a Power of Attorney. 14. Manage my Alerts Set Email Alert. In the event that the property is subject to partition – the respective document (contract, judgment), duly registered at the Registry Agency. Look at the prices! One of the main reasons Homesgofast.ocm users search for Bulgarian real estate is the low house prices in Bulgaria offering extremely food value for money. Primorsko. In the event that real rights are registered for the property, in order to execute the sale transaction the user must abandon the real right established in their favour – this is carried out by filing a statement for waiver of the right of use. Big house with a huge garden in Polski Senovets, just 10 km from Polski Trambesh. Other advantages to buying a home in Bulgaria include strong demand for rental accommodation in the resort towns, low maintenance and building costs, quality fresh food and impressive wines, a relaxed traditional pace of life in rural areas, great hiking and scenery in the interior, and beautiful, clean white sand beaches along the coast. 7 Biggest Challenges Of Doing Business In Bulgaria, How To Get Work Permit For A Non-EU Citizen. OK Bulgaria - UK based and operated Estate Agency. So you are thinking about buying a house in Bulgaria. Bulgaria- one of the most preferable destinations to buy holiday residential property. Bulgaria … Bulgarian Properties on and close to Black Sea coast, houses in ski resorts, houses in and around Sofia, in mountains, rural properties in Bulgarian countryside, smallholding, etc.. 02.2015 - Bulgarian Properties iPhone app now available to download from the App Store If you’re considering buying a house in Bulgaria, make sure you’ve thought about these ten points. How to Buy Property in Bulgaria. About us Please note, buying a property does not entitle non-EU residents you to any kind of permanent visa. 33. Buying the real estate in Bulgaria won’t automatically make you obtain a residence permit (Non-EU citizens) although if you are a physical person investing more than 600.000 levs (around 300.000 EUR) in property, you can apply for residency by investment. There are few reasons. • Title Deed, registered with the Registry Agency – title deed for purchase and sale, title deed for donation, title deed for exchange, notarized statement of ascertainment; 2. There are usually two property taxes to be paid: property tax and garbage collection, which are paid at the local municipality. Search for houses, apartments, villas and much more. Bulgaria joined the EU in 2007 and as a result there has been a significant demand from investors wanting to buy property in Bulgaria. When buying a house with a garden or a plot of land one must know that generally land cannot be sold to foreign persons and can only be bought by registering a Bulgarian company. We will help to fulfill your dream of buying a house in Bulgaria on the sea coast. info from: Registry Agency at the Ministry of Justice of the Republic of Bulgaria. Citizens of EU states may own property and land in Bulgaria at the same terms and conditions as Bulgarians. 536 properties for sale in Sunny Beach, Bulgaria. Date: August 14, 2016 Author: michelleshomeschool 0 Comments. 7. Certificate of Tax Evaluation of the property – issued by the tax office at the location of the property. In the event that the property includes land or parts of land, a sketch of the property must also be enclosed. 11. is anything other than an apartment) and you are not an EU or EEA citizen, you will have to form a limited company to begin your purchase. 12. Generally, the price of building something is cheap. Jorden then drove us to the beach which is 8 kilometres of clean golden sand. Easy Guide to Buying a Property in Bulgaria . Tips for Life in Bulgaria, Best Info and Advice for Expats. Buying a property in Bulgaria has become one of the most popular options for second home buyers in Europe. Listed on 19th Nov 2020 by IBG Real Estate, . 5. Buying a property in Bulgaria What you have to know when buying a property in Bulgaria. This article couldn’t be written much better! Property for sale in Bulgaria - Bulgarian Property for Sale. BULGARIAN PROPERTIES�, BULGARIANPROPERTIES.COM� and the logos are trade marks of Bulgarian Properties Ltd., registered in Bulgaria under VAT#BG131164582 with address: 22, Zlaten Rog Str., Sofia 1407, Bulgaria. Non-EU citizens, however, are not allowed to acquire land, so if a British national wants to buy a country house with yard, this may no longer be possible. Bulgarian Properties on and close to Black Sea coast, houses in ski resorts, houses in and around Sofia, in mountains, rural properties in Bulgarian countryside, smallholding, etc.. 02.2015 - Bulgarian Properties iPhone app now available to download from the App Store "Buy in Bulgaria" was established in 2005 and shortly after that the company positioned itself as one of the leading real estate companies, providing wide spectrum of services as consulting, construction, rental and other services related to the real estate sector. Buying a house in Bulgaria. well check things out. House for sale near Sofia (ID: 6254) District: Sofia This is an offer for a house for sale located in a busy village outside the capital of Bulgaria - Sofia. Certificate of Marriage if the seller is married. Looking through this article reminds me of my previous roommate! In this video I am going to give you some insights into the buying process. Bulgaria saw property price increases of 35% in 2004 but average yields on rental properties are still 8% to 12% with most investors (80%) buying in the Black Sea coastal resorts and 15% in ski areas. 370 ads of luxury homes for sale in Bulgaria: on LuxuryEstate you will find thousands of ads selected by the best real estate agencies in the luxury sector. This meant each and every owner had to attend the notary’s office at the same time … At least they will not be able to buy such estate as physical persons. Planning a trip to Bulgaria? Marketed by KC Properties - Bulgaria, Varna City. Browse our list of 251 cheap apartments for sale & rent in Bulgaria to find your perfect property. How To Get Married In Bulgaria, The Easy Way! Document of ownership of the property – the document of ownership of the property, which legitimizes the seller and previous title deeds. Your email address will not be published. Financing options may be more limited than if you were to buy in Spain or France for example. Top offer! A country house in a remote village could be yours for as little as €20,000 and you could heat it for around £70 a month, half the price it would cost you in the UK. Bulgarian law allows foreigners to buy property in the country. up to €20,000 . We now believed that we had found what we were looking for. The house buying process in Bulgaria involves property agents, public notaries and state institutions including the Bulgarian Inland Revenue and the Bulgarian Registry Agency. We know that buying property in Bulgaria whether it is a villa, chalet or apartment is just the start of your involvement with property in Bulgaria. 26,000+ Houses for sale in Bulgaria - 12.2020. Most common ownership documents: The co-owners must have no outstanding obligations concerning the property (to have paid the property tax and waste management fees) and this fact must be indicated in the Certificate of Tax Evaluation of the property. Call us and we can arrange an online video viewing. We have been working for you for over 17 years now. We offer properties for sale and rent in the Bulgarian sea and ski resorts, Sunny Beach, St. Vlas, Ravda, Nessebar, Golden Sands, Varna, Bourgas, Bansko, We also sell properties in Sofia and Varna, rural houses and villas. Maybe now is a good time to buy property in Bulgaria as prices are quite low. The costs and bureaucratic procedures. If executed after 1 June 1996, they must be registered at the Registry Office. When buying in Bulgaria you can expect a wide range of property to be available, some at reasonable prices and others a little high priced. Bulgaria offers city apartments, beachfront homes and ski property all at lower property prices compared to the majority of other comparable locations. Regulations for purchasing property in Bulgaria could differ from your home country (is your responsibility to understand the country rules and regulations), The way of doing business could be different from how is done in your home country, Take the time to find the right property for you, don’t let others rush you into the decision process, think right and analyse all the pros and cons, buying a property in Bulgaria is a big step, Get all info need, do your homework, similar properties values, characteristics and other details, highly advisable to engage a lawyer (to represent your interests during the purchase process) who’s familiar with property buy/sale before paying any money or signing a contract, Buying the real estate in Bulgaria won’t automatically make you obtain a residence permit (Non-EU citizens) although if you are a physical person investing more than 600.000 levs (around 300.000 EUR) in property, you can apply for residency by investment. Buying property in Bulgaria Buy property in Bulgaria. In Bulgaria non-EU citizens are allowed to buy apartments and in this case they are treated exactly as EU citizens. If you are considering buying off-plan in Bulgaria there are a number of points to consider. Find houses for sale in Sofia, Bulgaria and compare real estate listings online. Recent changes have made it easier for foreigners to buy but using a good independent lawyer is essential. When the deal concerns the transfer of a property in a newly constructed building – the relevant documents from the builder/investor – building permits, architectural design and distribution of land, use permit – Act Form 16, etc. Your email address will not be published. when you make your purchase, be aware that if it is complex, then you will have maintenance fee which starts at 6 euros per square meter per annum. It must be executed at the notary’s office and is subject to registration. 15. Who Can Buy A House In Bulgaria? 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