Buying property in Bulgaria is a popular investment with many foreigners. The country offers great summer destinations on the Black Sea coast. Those
prefer the winter resorts will not be disappointed as well because Bulgaria offers some of the best ski resorts in Europe. There are many foreign
looking for properties in the Balkan villages as well.
There are a number of different taxes and fees that every foreigner looking to buy a property in Bulgaria should have in mind. They include the real
estate agent and lawyer fees, notary fees and significant local taxes. Don’t forget that you are probably going to need the help of a legal translator
Finding a real estate agent in Bulgaria can be hard and long process but it is worth trying because the good broker can save you a lot of time, money
and efforts. There are a few things that you should discuss before signing a contract for representation with a real estate agent and it is always
better to meet with at least 4-5 brokers before choosing the right for you.
There are numerous documents that should be prepared for a real estate deal in Bulgaria. Those documents can be divided in a few groups: identifying
buyer, identifying the property, identifying the seller and identifying the future deal. Every party has to present the documents needed to the notary
at the day of the purchase.
There are a few important tips that you need to take in mind when buying a property in Bulgaria. It is best if the buyer takes the time to go through
the websites offering real estate deals in the country and mark a few properties. This will make the process later a lot easier.