Buyer's Guide
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Our Buyers Guide brings together our considerable knowledge and experience to provide you with information on what you need to know and the people/ organisations you are likely to encounter.
It is not meant to be a full explanation of Bulgarian property law but a guide to the basic process.
If you choose we can also provide you along with this experience access to lawyers of the highest Calibre, so you can relax and feel confident you are in the best possible hands.
If you have any questions of any kind, please do not hesitate to contact us directly!
Essentially the Buying Process is summarised below
- Reserve a property
- You receive an initial contract of sale (similar to 'Sold subject to contract' in the UK)
- It is advisable to perform the standard checks, using a reputable Bulgarian Lawyer. We can support you in this process.
- Sign the Notary Act (Contract of purchase) in front of a Bulgarian Notary either in Bulgaria or at the Bulgarian embassy in London
- You are now the owner of your own Bulgarian Property
Please note that the final Notary Act is not signed until the building is completed in the case of "off plan" developments.
All our off-plan developments do not require company incorporations and when you buy an apartment, you buy a section of the building. This section of the building is freehold and there is no lease, the apartment is yours forever, or until you decide to sell.
In case of buying land, you first need to set up a Bulgarian company. Our lawyer can assist you in this process. It is quite simple and takes about two weeks.
We can inform you about the steps of this process.
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Buyer's Guide
