Legalities
The number 1 rule to buying a property in Bulgaria is to make sure you have a lawyer. You
wouldn’t buy a property in the UK without a solicitor would you? Within this area we have a
selection of articles that relate to the legal facets of property in Bulgaria.
Using a notary in Bulgaria
9th February 2012 - 03:22
The notary system in Bulgaria is very different from how the process works
in the UK. The notary’s job in Bulgaria is to register the property
documents at the local Land Registry office. Unlike the UK, where a notary
usually only acts in one sector, Bulgarian notaries can work on anything
from property to divorce and are therefore always busy.
When using a notary in Bulgaria you will pay a lot less than you would in
the UK. However with this in mind you need to remember
more...
Tips for renovating in Bulgaria
7th December 2011 - 06:40
Moving house is a stressful process at the best of times, and that stress
will be greater if there is the added pressure of having to turn a
crumbling building into your dream home when you get there. Many people,
especially the British love the idea of ‘rescuing’ an old
farmhouse in the countryside and turning it into a splendid home for
themselves.
Compared to many other European countries, in Bulgaria it’s not just
the cost of rural property that is low -
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Buying land to build on in Bulgaria
26th October 2011 - 05:40
Every year many people choose to buy a property in Bulgaria, either as a
permanent or second home. There are, of course, rules and laws that apply
to foreigners who want to purchase land in Bulgaria. For a start, no
individuals may purchase any land in Bulgaria, and that includes any garden
area that might come with a property. Land of any size or description may
only be purchased by Bulgarian nationals or foreign businesses.
Investors have been snapping up property in Bulgaria
more...
Lessons to be learned: a buying story from Bulgaria
14th September 2011 - 05:30
With property available for less than the cost of a new car, it’s
easy to see how foreign buyers have been caught out purchasing in Bulgaria.
Blinded by the highly attractive prices, many people have rushed into
signing an off-plan contract, typically for an apartment in a development
on the coast or in a ski resort, without doing adequate due diligence or
using a reputable lawyer.
Typical of the large number of British buyers who have become victims of
this pitfall are a
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Finding a good solicitor in Bulgaria
3rd August 2011 - 11:41
Bulgaria is fast becoming a highly sought after destination amongst
British people looking to purchase a holiday home in a beautiful country
for a reasonably cheap price. Although the increase in demand has pushed up
the property prices, compared to the UK, property is still really cheap in
Bulgaria and you get a lot more for your money there too.
Hiring a solicitor to oversee your purchase is imperative. If you do not
hire a solicitor then you will not be protected for any
more...