Are there problems over title and ownership on Bulgarian property?
A. Because Bulgaria has joined the EU, they are very keen to make property purchase as simple as possible. There are no problems with ownership and all properties will come with a clear legal title. Q. Aren’t Bulgarian properties a lower spec than comparable Western European properties? A. As a rule, yes. However Parc is developing properties which are to a similar spec to UK properties. All will come fully equipped with kitchens and bathrooms, unlike a lot of Bulgarian property. We will also be able to supply a full furniture pack. Q.Why buy in the ski regions, rather than on the coast? A. Sunny Beach and other Black Sea areas have been highly over-developed. Capital growth has been high, but the quality of build has been low. We look for sustainable growth and a quality specification. The ski regions in Bulgaria have become very fashionable, and continue to grow in popularity. Rentals are very strong, and the area benefits from both a winter and a summer season. Parc selected Bansko
Related Questions
- With shared ownership, won people still have problems buying a house in the future, as they only own a share of the property and will not get the full market value when they sell?
- Are there problems over title and ownership on Bulgarian property?
- Does title ownership affect whether property is marital property?
