The purchase of a property in Bulgaria as a non-resident, or as a resident, involves a series of fiscal obligations, which must be met. VAT The Value Added Tax Act (VAT Act) currently in force has been in effective from 1 January 1999. The VAT legislation in many aspects follows the provisions of the Sixth…
There are various formalities that must be completed when purchasing a property in Bulgaria. It would be better for you to contact a special agency to get all necessary information. When you have found a property you wish to buy, it is essential for you to sign a reservation agreement with the seller/developer, and pay…
It is important to have your finances in place or agreed in principle. Our associates in Bulgaria offer independent financial advice and will assist or advise you of all the options available. Various finance options are available: Cash purchase Cash from equity release or a re-mortgage of U.K. property Part cash with the balance on…
Resale property in Bulgaria can be purchased at exceptionally low prices in comparison to the UK. The properties are sourced throughout Bulgaria, from small villages to major towns and cities. Our partners in Bulgaria specialise in this field and offer a complete service which includes legal services and financial services. Special firms can also offer a service…
We have numerous ‘new build’, key in hand and off plan developments available for purchase, located in the ski resorts or on the Black Sea coast. Buying off plan is purchasing from the development plans before construction commences. This give you the benefit of purchasing at the lowest price the developer can offer. The developer’s…
Full member of the EU, from January 1st 2007. This has significantly increased property values of other new entrants. The best value property in Europe, low materials costs, low labour costs, yet highest qualities. Prices 45% less than surrounding EU members. Plus superb facilities, superior to many other countries. Membership of the EU will have…
Bulgaria is bursting with opportunities. Five years ago if you were asked where to invest in property, it is doubtful that Bulgaria would have been on your list. However, as time has passed shrewd property investors have discovered the wealth of opportunities offered by this Eastern European gem and now it is top on the…