Buying an apartment in Bulgaria requires careful study of the various nuances that may arise in the process.
Investors need to weigh everything and foresee possible consequences. Buying real estate in Bulgaria has both pros and cons. On the website of Bulgarian Resales bulgarianresales.com you can choose real estate at favorable prices.
Pros and cons of buying real estate in Bulgaria from a developer
Bulgarian Resales lawyers offer to take into account all the pros and cons of buying real estate abroad.
Buying an apartment or a house has advantages.
- Affordable cost. Due to the price, Bulgarian real estate is popular among investors.
- Developed infrastructure. Bulgarian tourism is of great importance for the development of the economy of the country.
- Accommodation resorts of different categories. Bulgaria welcomes tourists all year round. In summer, vacationers swim and sunbathe, and in winter – skiing. In spring and fall they recover at balneological resorts and drink healing mineral water.
- Language, traditions and culture have similarities with Slavic peoples.
- There are special conditions for people of retirement age in Bulgaria.
Bulgarian house for sale from BulgarianResales – a wise decision
Apart from the advantages there can be disadvantages:
- problematic heating;
- visa restrictions;
- entering the country and staying in it have some difficulties;
- having real estate allows you to be in the country for 3 months;
- taboo on selling land to residents of other countries.
Acquisition of real estate in a new building goes without difficulties. During the registration of the house investors may encounter problems. According to the laws of Bulgaria, the buyer buys only real estate, and the land is leased from the state.
What documents are needed to buy real estate in Bulgaria?
Residents of other countries when purchasing property will need such documents:
- passport;
- declaration of marital status;
- declaration of origin of money.
Lawyers provide clients with a wide range of real estate services.
How to check the real estate developer in Bulgaria?
Before buying an apartment from the developer, it is recommended to check it from the legal side. This procedure allows you to reinsure yourself and realize that the transaction will be safe.
What to pay attention to when buying real estate in Bulgaria?
In the process of choosing an apartment you should pay attention to its area and location. If it is planned to purchase real estate in the resort area, it is recommended to pay attention to Nessebar, Sunny Beach, Ravda, Pomorie, Sveti Vlas. It is convenient to live here at any time of the year. Residential and non-residential premises in new buildings are sold with rough repair or turnkey. It is important to have heating in the apartment or house. It can be an electric convector, air conditioner or fireplace. All property owners have additional costs, so you need to pay attention to them.
What taxes do I have to pay when buying real estate in Bulgaria?
In the process of registration of real estate in Bulgaria, a purchase tax and notary fee are charged. This includes the registration of the notarial deed and others. The real estate purchase tax is paid by all individuals and legal entities.
How to rent real estate in Bulgaria?
Experts of the company Bulgarian Resales offer to choose real estate at https://bulgarianresales.com/2komn-ot-55000-do-70000 for rent. This is a profitable income. It depends on the location of the property. An apartment by the sea brings income from 45 to 200 euros per day.