Home Page Login Rentals Add your Listing All The Articles
Properties For Sale Estaplace Contacts About Us House Exchange Real Estate Forum
ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE - is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!

Search by keywords or by a location.

You can also browse our web directory.
Article About Grad Sofiya - Bulgaria

Advice on buying Bulgaria Property

by Globespan European Property - info@globespanproperty.com (it was shown 1321 times)

Under Bulgarian law a foreigner cannot own land.
If you wish to buy land or a house with a plot in Bulgaria then you can circumvent this law by opening a Bulgarian company.
The land (and house) can be owned by this company and a foreigner can have outright ownership of the Bulgarian company.
The cost for setting up a company is relatively low (under 1000 Euros).
With new, off-plan developments it is not necessary to own part of the land or set up a company as buildings can be owned by foreigners.
Bulgarian Property hotspots

The Black Sea Coast
With a climate similar to northern Spain and golden sandy beaches aplenty, the Black Sea coast is a popular destination with holiday makers and property buyers alike.
Property prices along the coast have increased rapidly over the past 12 months and continue to do so.
However, 65,000 euros will still be enough for a one-bedroom apartment on the coastal strip of Sunny Beach, les in less popular resorts.

Sofia
Bulgaria's capital is where those with an eye on making a profit will undoubtedly find themselves drawn.
New one-bedroom apartments can be bought from 55,000 euros, while on the city's outskirts, prices are closer to 20,000 euros.
However, the cost of Sofia apartments are almost certain to rocket in the coming year, as the country moves closer to joining the EU.

Bulgaria Ski Resorts
About 30 per cent of Bulgaria's territory is occupied by mountain areas. Of these, the Rhodope, Rila and Pirin mountain ranges all offer fantastic ski resorts between October and March, one of which could be in the running to host the 2014 Winter Olympics.
Prices of apartments in Bulgaria's ski resorts vary from between 40,000 euros for one bedroom, to 75,000 for two bedrooms.

Plovdiv
The country's second biggest city behind Sofia, Plovdiv has slowly started to generate a trickle of interest with British buyers.
Property prices are still extremely cheap - a two-bedroom house could cost as little as 15,000 euros - although rental potential is still limited.
Legal fees & costs of buying property in Bulgaria
Legal fees & costs on purchase price totals around 5
This includes
Solicitors fees usually 1
Notary expenses are approximately 2
Notary fees varies, but usually are less then 0.5-0.8
Stamp duty of 2
Land registration tax of 0.1
Time scale for the entire process is around 30/40 days.
These guidelines are meant for guidance only and describe a straightforward purchase scenario. However this information is not meant to replace proper legal advice, which we always insist you take.

Other important and suggested site links related to this article:
http://www.globespanproperty.com/
http://www.globespanproperty.com/advice.html
http://www.globespanproperty.com/countries.php
http://www.globespanproperty.com/guides/bulgaria.html

Back to the previus page.


[ USA -> CHICAGO - 29/March/2024 00:13:15 ] We have 24800 properties listed. Yesterday traffic on Estaplace Real Estate was: 2089 unique visitors with 16519 page views. To view more statistics about Estaplace Real Estate, click here.

We accept, payments through bank wire, credit cards with PayPal for advanced services! PayPal Gateway Visa Card MasterCard American Express Diners Card Jcb Credit Card PostaPay Maestro Pago Bancomat Hosted by Frazionabile.it

Estaplace.com is a worldwide and international real estate directory, with thousands of real estate listings, divided into countries and regions. All material, the structure, and the layout on this site are © Copyright of Estaplace.com by Ceglia Giovanni located in Trento N. 74 Pal. I Street in Pagani(Salerno) - Italy. Italian Business Code: Partita IVA N. IT03972320653, registered in the "Camera di Commercio" of Salerno.

Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.