How is the purchase of a property in Bulgaria running?

1. Select Property - you like and meet your requirements and needs!

   Requirements such as:

• Size in square meters
• Number of rooms / bedrooms
• Number of bathrooms
• Distance to the beach
• Distance to the city center
• View - sea / pool / garden / mountain, etc.
• With or Without Furniture.
• For seasonal or year-round use
• For private use
• For investment and rental
• For repair and resale

And many other criteria according to the taste and needs of the client!

2. Reservation not the property - about 10% of the value of the property but not less than € 2000 for which a preliminary contract type reservation form is concluded.

Contract / Form in which the following main terms are agreed:

• Reservation amount (according to the value of the property and the capabilities of the client)
• Deadline for a final transaction (approximately a month, but can be negotiated for a shorter or longer period)
• Negligence of non-fulfillment of the conditions by Seller and Buyer

3. Preparation of the deal (with the help of Best Choise) - the documents are prepared and the property is checked for encumbrances, obligations and other features such as, paid bills for electricity, water and maintenance fee to the respective complex.
The following documents are prepared for a period of one day. up to 10 days. (depending on the agreements between the parties.)

If the buyer is a foreigner and wants to buy a plot of land? Preparing documents and opening a company with our assistance:

• New sketch of the property
• Tax assessment
• Certificate of weights (liabilities) of the property
• Project of the new Notary Deed
• Get an interpreter for the deal
• Gathering of powers of attorney and their translation

4. Deal in the Notary (with the full cooperation and presence of Best Choice) .Notaries in Nessebar Municipality:

1.  Notary Linka Chutkina

2.  Notary Stoyan Angelov

3.  Notary Maria Bakardjieva

• Checking of documents by the Notary
• Checking the property for weights by the Notary at the time of the transaction through the register.
• Reading the Notary Deed from all countries
• Signing of the transaction by the parties (the notary waits to be paid by the bank payments on the transaction)
• Payment of the Transaction via bank transfer
• Announcement of the transaction concluded by the notary and entry into the registration office
• Payment of Local Taxes for the acquisition of the property as well as the Fee of the Notary (about 5 % of the transaction value).
• Registration according to Bulstat 50 €
• Receiving the New Notary Deed
• Get the key from the new property

 5. Steps after purchasing the property (with the full assistance of Best Choise)

• Registration of the property in the Municipal Office (local taxes and charges, the tax for Apartment with two rooms in Bulgaria is of the order of 50 € / year)
• Registration of the property in the local electric distribution company
• Registration of the property in the local water distribution company
• Registration in the company registry supporting the complex, if any
• Design and repair activities at the customer's request (full co-operation with Best Choise)
  
  

 Congratulations, you have become the owner of a real estate in Bulgaria !!!

 For more information please contact us!

We will support you at every stage of the process - from the idea of ​​buying to getting the key!

For more information please contact us at: info@bestchoice.bg 

or by phone: 359 898 681 220