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Skip Navigation LinksHome : Our Services : Buying Process Thursday, February 23, 2012

Process of purchase of a property in Bulgaria


Selection of a property from a set of alternatives proposed depending on the requirements and tastes of the client. There will offer the option to visit the properties in Bulgaria, in case of not being on plane. Periodic trips are organized to group several clients and this way to diminish the expenses of each one.


Payment of 3.000 € for reserving the property.At once we reserve the property in the constructor or seller, which is totally necessary to be able to extract the property of the market, which is very active in Bulgaria.


After approximately 7-10 days the next step is signing the contract and pay the quantity agreed with the builder, from 20% to 30%, in case of properties on plane, or 100 % in case of already constructed housings.


In case of properties on plane, a scheme of payments exists for builder. The most frequent example in Bulgaria is 30 % on having come to the roof of the building, 30 % on having finished it and 20 % to the delivery of keys. But we have negotiated better conditions with some selected builders, being the best option 20 % in the signing of the contract and 80 % in the delivery of keys.



Flats in Bulgaria are in the habit of submitting without finished baths, kitchens not even soils. It is possible to sell before the delivery of keys or later without modifying anything, the buyer will finish the flat, which is usual there. But also there exists the option to finish the flat and to rent it or simply to hold it a time. We have done it with several flats and can inform you in detail. In order you have an idea, we have finished flats for 2.000 - 3.000 € in Veliko Tarnovo, prices much lower we could think.




Key references in English Referencias Básicas en español
The Economist: Bulgaria Counttry Briefing
Reuters: Bulgaria
CIA: World Fact Book: Bulgaria
Invest Bulgaria Agency
Government of the Republic of Bulgaria
European Structural Funds for Bulgaria
Bulgarian Agency for economic Forecasting and Analysis
Bulgarian National Statistical Institute (NSI)
World Bank: Bulgaria
European Regional Policy: Bulgaria
Instituto español de Comercio exterior
Oficina Comercial española en Sofia
RiesgoPais.com
Banco Mundial: Bulgaria
FMI: Bulgaria
Iberglobal
El Economista: Bulgaria
CincoDías
Expansión
Intereconomia