Buyers Guide
Property without land
Foreigners and foreign companies can directly buy buildings, premises within a building and limited property right, but not property on land.
Property with land
Foreigners and foreign companies can buy property and any real estate, including land, by registering a Bulgarian company. Such a company is possible to be 100% owned by foreign investor. It costs about EUR700 to establish a company.
Few easy steps to buy property in Bulgaria
Without land NegotiateAgreement for purchasing ContractNotary DeedCongratulations you are property ownerDeclaring the property in the taxation and changing electric and water accountsWith landRegister companyNegotiateAgreement for purchasingContractNotary DeedCongratulations you are property ownerDeclaring the property in the taxation and changing electric and water accounts
Solicitor services, legal services: Our customers are served by the highly professional team of solicitors and lawyers at our legal department. We can also recommend the services of the lawyer Ivan Vitanov.
IMPORTANT INFORMATION TO CONSIDER WHEN BUYING PROPERTY IN BULGARIA
The usual term for the old owners of the property to move out of it after completion of the sale is one month. This could be negotiated if the buyers require a shorter term. For this purpose, they should ask the assistance of DNS Limited. in due term and not expect the property to be empty right after signing of the final contarct.
All foreign buyers purchasing real estate property must be aware that in Bulgaria there are such terms as "tax estimation price" and "purchase price". The "tax estimation price" is for the purposes of real estate taxation and is much lower than the actual selling (purchase) price.
Most of the Bulgarian propety owners (vendors) wish that the "tax estimation price" is written in the title deed, and not the selling (asking) price which the buyers are paying, so due to this practice there might be discrepancies between the price you are paying and the price written in the title deed. This is because of various reasons and DNS Limited. can not be responisble for it. If the respected property buyer wishes that the purchasing price is written in the property title deed they must notify us in advance and we will negotiate on this with the vendor of the property.
