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| The brief summarisation of the process of purchasing Bulgarian property
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The process
The brief summarisation of the purchasing process is below: |
Reserve a property either online or by post.
Determine whether the sale is with land.
If the sale is with land a company needs to be incorporated to hold the land.
If sale is without land no company is needed.
You receive an initial contract of sale (similar to 'Sold subject to contract' in the UK).
If already built, do the standard checks on the property using a reputable Bulgarian solicitor.
Sign the Notary Act (Contract of purchase) in front of a Bulgarian Notary either in Bulgaria or at the Bulgarian embassy in London. Please note that the final Notary Act is not signed until the building is completed in the case off plan developments.
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