Property Purchase in Bulgaria

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How clients rate our Property Purchase Service...

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Great customer service, fast and effective communication and advice!
Bella Thurston
Bella Thurston
12 Aug 2024
Trustpilot Review

Service Details

Property Purchase

This service is available across Bulgaria

Who Can Benefit from this Service?

Our property purchase service in Bulgaria caters to:

  • Foreign investors looking to buy real estate in Bulgaria

  • Expats planning to relocate to Bulgaria

  • Holiday home buyers interested in Bulgarian properties

  • Individuals seeking to invest in Bulgarian commercial real estate

  • Bulgarian nationals living abroad wanting to purchase property back home

  • Property developers expanding their portfolio in Bulgaria

  • Anyone needing guidance through the Bulgarian property buying process

Who Can Benefit from this Service?

Prerequisites

To proceed with a property purchase in Bulgaria, you'll typically need:

  • Valid identification document (passport or ID card)

  • Tax identification number (Bulgarian or from your home country)

  • Proof of funds for the property purchase

  • Bank account in Bulgaria (we can assist in setting this up)

  • Power of attorney (if you can't be present for all stages of the purchase, we can draft this for you)

Prerequisites

Procedure: Our Approach

  1. Provide initial consultation to understand your property requirements

  2. Conduct due diligence on potential properties, including title checks

  3. Review the preliminary contract (or draft one if needed)

  4. Negotiate terms with the seller or their representatives

  5. Arrange for property surveys and valuations if required

  6. Assist with opening a Bulgarian bank account if necessary

  7. Handle all required paperwork and translations

  8. Represent you at the notary for the final deed transfer

  9. Register the property with the Bulgarian Property Register

  10. Assist with utility transfers and local tax registrations

  11. Provide post-purchase support and advice

Procedure: Our Approach

Benefits - Why Choose Our Service

  • Navigate Bulgarian property laws with expert guidance

  • Avoid common pitfalls in the Bulgarian real estate market

  • Ensure all legal requirements for property ownership in Bulgaria are met

  • Receive support in dealing with Bulgarian authorities and institutions

  • Get assistance in Bulgarian language throughout the buying process

  • Protect your interests with thorough due diligence and contract reviews

  • Benefit from our network of trusted property professionals in Bulgaria

Benefits - Why Choose Our Service

Key Features of this Service

  • Comprehensive legal support throughout the entire purchase process

  • Thorough due diligence on property titles and potential encumbrances

  • Expert negotiation of purchase terms and conditions

  • Assistance with mortgage applications if required

  • Guidance on Bulgarian property taxes and ongoing obligations

  • Support with obtaining residency permits tied to property ownership

  • Advice on Bulgarian inheritance laws relating to property

  • Post-purchase support for property management and rentals

This service is provided in strict compliance with the Bulgarian Property Act, the Ownership Act, and relevant provisions of the Bulgarian Obligations and Contracts Act. We ensure that all property transactions adhere to the latest Bulgarian legal requirements and best practices.

Key Features of this Service

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:

  • Verification of the regulatory status of your professional.
  • Fees as recommended by the Local Professional Body
  • Fees specified in advance and legally guaranteed.
  • Service levels agreed in advance and guaranteed.
  • All professionals must hold professional indemnity insurance.
  • Professionals' proficiency in English monitored.
  • Continuous quality controls and reviews.

Why choose Advocate Abroad?

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