What are the stages of process when I buy property in Bulgaria?
In generally the steps are: 1. Choose property: Select your property from Internet or other source or give your preferences for property to a Real Estate Agency and they will select properties by your criteria 2. Negotiations and inspection visit: assure of condition of selecting property. You have to arrange a trip to look at the properties and the investment opportunities 3. Start of legal procedures, concerned with the checking of the property /mortgages/ 4. Preparation of all the necessary documents, registration of company on your name if land ownership is required and signing the Preliminary contract. At this stage, first charges occur:deposit payable to the owner which normally varies between 10 to 30% depending on the property; legal fees for registration of the company- £400. You also need to prepare a deposit for the company’s bank account – around £1800. 5. Sign the final contract and Notary Act: This is basically the last level of the sale process where the owne
