Although relatively straightforward, the procedure isn’t without potential problems and it’s therefore highly advisable to engage a lawyer who’s familiar with it before paying any money or signing a contract. Search for houses, apartments, villas and much more. It must be executed at the notary’s office and is subject to registration. This applies to houses with gardens, all plots that are within the zoning of settlements, apartments coming with land, offices and other commercial properties. 1 of the Tax-Insurance Procedure Code (TIPC). Please note, buying a property does not entitle non-EU residents you to any kind of permanent visa. 03339 391007 Local call rate. • Sales Contract executed under the Ordinance on State-Owned Properties; Transfers of ownership or limited rights in respect of real property are subject to registration with the relevant Real Estate Registry. 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. Cheap Bulgarian Seaside houses in good state of repair. If you’re considering buying a house in Bulgaria, make sure you’ve thought about these ten points. At resorts complex starting at 450E per square meter. No registration needed! 15. necessary You will need to allow the Notary fees to the costs of buying a house in Bulgaria. When buying the real estate in Bulgaria you can immediately obtain a residence permit. • 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; We strongly recommend renting a property in Bulgaria first, before you buy. Buy your own vacation apartment in one of the best rated complexes in this top mountain resort. Annual tax on the property After buying a property in Bulgaria its owner must start paying annual property taxes. Thanks! There are few reasons. 12. 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. Property prices in Bulgaria have settled down from their peaks following EU accession – meaning that it’s possible to buy decent accommodation country-wide, (with the exception of a few exclusive suburbs in Sofia), for much less than you would pay in the UK for similar accommodation. It is issued by the technical service in the district where the property is located and is valid for 6 months. Look at the prices! Identity document, other documents individualizing the buyer and the seller (identity cards, certificates of good standing, if the party under the transaction is a legal entity – a decision of the competent authority). Jorden then drove us to the beach which is 8 kilometres of clean golden sand. 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. Connect with a Sofiya real estate expert at Houses321.com™ to find a home for sale. The country has a beautiful nature and it doesn’t cost much to live there. A variety of taxes and fees are payable when you buy a property in Bulgaria, most of which vary according to the price but which may also depend on whether the property has land attached, whether you’re buying through an agent (as opposed to buying direct from the vendor), whether you’ve employed a lawyer and surveyor and whether you employ a translator. 6. Any unauthorized use of photos, texts, videos and other materials from our website by third parties will be subject to immediate claim on the part of the copyright owners. We use cookies to offer you a better browsing experience, serve personalized ads, measure results and analyze traffic. Marketed by KC Properties - Bulgaria, Varna City. Luxury house for sale in bulgarian mountain village, near South Black Sea. info from: Registry Agency at the Ministry of Justice of the Republic of Bulgaria. 16. Bulgarian houses not far from the beach are always good value for money. 1. A rich choice affects positively the prices of apartments, houses, apartments. All our services are free of charge! VIEW: ID ... House Area: 130 m 2 … 10. Primorsko. We look after your interests in Bulgaria and we do everything to make you happy. Houses (1 year ago) Property in Pamporovo is some of the loveliest in Bulgaria and Pamporovo is one of the most attractive Bulgarian property markets. Many people from all around the world purchase Bulgarian houses and live in the country. This must be sought separately. Primorsko. In the event that the property includes land or parts of land, a sketch of the property must also be enclosed. Getting to Bulgaria is still more expensive than some other parts of Europe . 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. The most common mistakes when buying real estate in Bulgaria. Property in Sunny Beach, found on Bulgaria's Black Sea is some of the most sought after property in Bulgaria. Buying house in Bulgaria, or buying a land if you want building a house. Whilst the buying process was relatively straightforward, living there has been more challenging.These are the 10 things that we wished we’d known before buying a house in Bulgaria. 7 Biggest Challenges Of Doing Business In Bulgaria, How To Get Work Permit For A Non-EU Citizen. 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. If the property has land (i.e. All photos, texts, video clips, charts and banners on our website are property of our company or of our partners and are protected by the Copyright Act of the Republic of Bulgaria. Alleged concerns over a two-tier pricing structure. 11. Buying off-plan property inevitably involves higher risk than buying re-sale property. 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. 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. When buying a house with a garden or a plot of land one must know that generally land cannot be sold to non-EU citizens and can only be bought by registering a Bulgarian company. Sign a preliminary contract and pay a deposit. 2. The specific cases require different documents tracing the history of the property and proving the right of ownership. "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. If you’re considering buying a house in Bulgaria… Foreign citizens may buy an apartment in Bulgaria, but they may not buy a house with land, or land, unless they have established a company in Bulgaria. They are allowed to buy houses with gardens and regulated plots of land in Bulgaria on their own names as physical persons. Registry Agency at the Ministry of Justice of the Republic of Bulgaria, All You Need To Know About Medical Insurance for Foreigners in Bulgaria. Houses and villas in Bulgaria can be divided into several types: House in Bulgaria with its own house … Certificate of Marriage if the seller is married. Certificate of Encumbrances on the property- issued by the Registry Agency, enclosing all documents of the ownership – from the first title deed to the last one, in the case of inheritance –Certificate of Inheritance as well. The legal owner of the property is considered to be the person registered in the Real Estate Registry. Bulgaria houses for sale unique to Homes Go Fast. If you are a buyer from an EU state or the European Economic Area (EEA) you can also buy house with a garden or a plot of land in your own name. Generally, the price of building something is cheap. Find houses for sale in Sofia, Bulgaria and compare real estate listings online. Farmhouse for sale in Bulgaria, buy cheap Farm House, Farms sales, Bulgarian investment Ranch. Required fields are marked *. It is best to avoid anything that has multiple owners as the purchase will be subject to all them agreeing – and that doesn’t just mean two or three people. Buying a property in Bulgaria. The Certificate of Tax Evaluation of the property must have an address identical to the address of the property as per the title deed, otherwise, the respective administration must issue a Certificate of Identity of Addresses. 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 At Best Bulgarian Properties you can find a wide choice of cheap … There are usually two property taxes to be paid: property tax and garbage collection, which are paid at the local municipality. 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. 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. No, it's not true. This article couldn’t be written much better! 13. Property for sale in Plovdiv Bulgaria buy Bulgarian properties, find Plovdiv Bulgaria real estate investment sales. Search for houses, apartments, villas and much more. At present, there is an alternative option when buying landed property - to form a Bulgarian registered company, with the buyer as sole owner and director (the buyer could choose to add other directors, e.g., his spouse). According to the rankings of the online edition TheMoveChannel, Bulgaria is one of the most preferable destinations for holiday and purchasing residential Bulgarian Properties. The village is situated in South-Western Bulgaria … Property with land includes all houses with gardens, flats/apartments that include ‘ideal’ parts of land, offices and commercial properties. Easy Guide to Buying a Property in Bulgaria . This Power of Attorney must specifically describe the representation rights granted by the authorizer to the authorized. Explanation and practical tips. It is worth mentioning that whilst Bulgaria has its own currency, the Lev, the Euro is used for buying property and for paying various other fees and bills. Sunny Beach is one of the largest and most developed of those in the Bulgarian property market; with an active market for villas in Sunny Beach and apartments in Sunny Beach as hundreds of thousands of tourists and investors are attracted to its turquoise waters and clear blue skies. Bulgaria offers city apartments, beachfront homes and ski property all at lower property prices compared to the majority of other comparable locations. Boasting a well developed ski resort and exceptional natural beauty, investors have been buying ski chalets in Pamporovo and apartments in Pamporovo in increasing numbers! • Deed, with records for its registration; The Power of Attorney is to be notarized – with certification of the signatures affixed and the content of the document. After you decide to move to Bulgaria, it does not matter if it’s just for a few months during the year or permanently, you may see the convenience of having your property in 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. At Concept Bulgaria Property we have many years of experience in overseas property investment. You can stay in Bulgaria for up to 3 months with a valid passport but if you wish to stay longer you will need to register at the local police station. 5. Sign the notary act and make the final payment. A former Soviet bloc state, for many years Bulgaria suffered from chronic under-investment and a very poor infrastructure.. That has all changed in recent years – Bulgaria’s admission to NATO in 2004 and to the EU in 2007 have served to kick-start the country’s economy and consequently its property market too. 264, para. I’m planning to buy a house next year, and have bookmarked the post. The buying process is generally straightforward and can complete within a few weeks. 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. Certificate of Tax Evaluation of the property – issued by the tax office at the location of the property. It is a property easy to re-sell in the future or to repair and move-in. 26,000+ Houses for sale in Bulgaria - 12.2020. 9. 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. We will help to fulfill your dream of buying a house in Bulgaria on the sea coast. Best places to buy property in Bulgaria. It all depends on what you want and where you want it. You may have to make a quick decision to avoid losing the property, with the increased interest in the region. Generally, the price of building something is cheap. 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. The information on our website is with information and advertising purposes. OK Bulgaria - UK based and operated Estate Agency. Our company offers a large selection of cottages and houses both at the very sea, and at a distance of up to 50 km from the seashore. 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. 8. Most of the apartments for sale in Bulgaria are sold without parts of the land. 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 No registration needed! Introduction. In 2018 we bought a house in Bulgaria. A former Soviet bloc state, for many years Bulgaria suffered from chronic under-investment and a very poor infrastructure.. That has all changed in recent years – Bulgaria’s admission to NATO in 2004 and to the EU in 2007 have served to kick-start the country’s economy and consequently its property market too. Read more about buying agricultural land in Bulgaria, Borovets Gardens 2 - the second phase of the popular complex, A Place in the Sun Live - Manchester 2015, Properties with lake or a reservoir views, Best bargain properties with discounted prices, Analyses based on national statistics data (till 2014). Taking into consideration the diversity of options, it is recommended that the documents on the transaction held by both parties should be checked by your lawyer. 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. The house buying process in Bulgaria involves property agents, public notaries and state institutions including the Bulgarian Inland Revenue and the Bulgarian Registry Agency. Your email address will not be published. A wide range of international property to buy in Bulgaria with Primelocation. Bulgarian law allows foreigners to buy property in the country. 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 Email agent . Recent changes have made it easier for foreigners to buy but using a good independent lawyer is essential. 536 properties for sale in Sunny Beach, Bulgaria. FEATURED PROPERTY 23. 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. Top offer! 26 of the Family Code evidencing the consent of the spouse to the sale. A house New Estate tried to sell seven years ago had a colossal 24 inheritors for the 15,000e property. We now believed that we had found what we were looking for. Another week gone by here in Bulgaria, we have both been working hard clearing a garden in a house just sold by bulgarianpropertyexperts. well check things out. Manage my Alerts Set Email Alert. Buying a property in Bulgaria has become one of the most popular options for second home buyers in Europe. 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. I appreciate you for sharing…. Buying a cheap house in Bulgaria is an excellent investment. The village is situated in South-Western Bulgaria … Introduction. Sketch of the property, in the event of transfer of land (land plot, yard or part of the yard on which the property/apartment is built). Property Type House Hotel Apartment Off Plan Plot Commercial Forest Price Up to 10.000 € Up to 20.000 € Up to 40.000 € Up to 60.000 € Up to 100.000 € More than 100.000 € 20 September 2019 13:48:19 #1. You may have a look at our article How to Buy Property in Bulgaria in 2020, the Safe Way. £52,102 (€58,000) 1 1 65 sq. Here everyone can afford to buy and buy real estate! Aided me a lot, just what I was looking for : D. Hello there! A wide range of available apartments at attractive prices, suitable for rental income. This article details the purchase procedure for buying a home in Bulgaria, which is slightly different from that in most Western countries. 8 posts Hi everyone, my name is Sabine. 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. up to €20,000 . Most common ownership documents: Real estate agency for foreign buyers and investors【Property.bg】For more information visit our website or ☎+359 883 700 335 Properties in Bulgaria for sale and rent Thanks for compiling this. 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. Big house with a huge garden in Polski Senovets, just 10 km from Polski Trambesh. Houses for sale in Bulgaria. A Place in the Sun has properties for everyone. Feel the unique atmosphere of Bulgarian properties with the virtual tours we offer! While we hope that this information is useful, please be aware that it is not intended to be the only guidance for prospective buyers to follow when considering making a purchase. • Sales Contract executed under the Municipal Property Act and the State-Owned Public or Municipal Real Estate Act. If you click on I accept all cookies button or continue using this website without changing your browser settings, you agree to receive all cookies from this site and from third parties. Listed on 19th Nov 2020 by IBG Real Estate, . Sell property fast advertise sale properties on Homes Go Fast 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. Sign In (Manage Property) List Property (From €0.99) Holiday Rentals (211,026) Monthly Rentals (136,576) Real Estate Financing options may be more limited than if you were to buy in Spain or France for example. Subscribe to our weekly newsletter to get the newest listings, discounted properties and important information about the Bulgarian property market. My spouse and I stumbled over here different website and thought I might as 26,000+ Houses for sale in Bulgaria - 12.2020. The most common mistakes made when buying a property in Bulgaria can be summarized as: Paying a deposit to reserve a property. 7 of the Notaries and Notarial Practice Act (NNPA) and a declaration under Art. Luxury house for sale in bulgarian mountain village, near South Black Sea. 20 September 2019 13:48:19. Maybe now is a good time to buy property in Bulgaria as prices are quite low. Buying property in Bulgaria Buy property in Bulgaria. So you are thinking about buying a house in Bulgaria. Citizens of EU states may own property and land in Bulgaria at the same terms and conditions as Bulgarians. For: D. Hello there a Sofiya real estate Registry and trips applicable to EU physical and legal.. 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Look forward to looking at your web page yet again buying off-plan property inevitably involves higher risk than re-sale... Serve personalized ads, measure results and analyze traffic look after your interests in Bulgaria to a. Property in Bulgaria are sold without parts of Europe can complete within a few weeks strongly recommend renting a in! In Bulgarian mountain village, near South Black Sea by owner and from Bulgaria estate agents a Business.... 1.96 Lev to the authorized with information and advertising purposes since 2012 all EU persons are allowed to buy using... Easy steps to buying property in the country list of 251 cheap apartments for sale Esteban, Nessebar Bulgaria. Found what we were looking for: D. Hello there country that offers the rated... Agents in Bulgaria, make sure it works for you all year round non-EU you... 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