Many citizens of different states dream to buy property in Bulgaria as the main way of saving its own funds. Property prices in Bulgaria at the moment there is still a really low level, in relation to the European. If you - a foreigner , you have the same rights as any citizen of the Republic of Bulgaria , to own, use and dispose of real estate acquired under the legislation . This means that as a legal owner , you have the right sales , inheritance , gift, lease , etc. , you can also register a company using the space of your own apartment as an office .
But when buying a specific property must pay attention to the following features:
When buying apartments you get a conditional property in so-called " ideal part " land area of up to 5 m. m , located below the apartment .
To buy land in Bulgaria to register as a legal entity , ie open a company in this case will be processed two notarial act - on the building and the land.
By purchasing a separate house or villa on a plot of land is made , usually included in the cost of long-term lease for a term of 4 years.
Remember , becoming the owner of property in Bulgaria , you do not get the right to visa-free travel as a base to obtain a residence permit ( residence permit) . However, you have right to receive multivisa for 1 year , then - multivisa for 2 years with unlimited number of visits up to 90 days in each half .
Procedure of buying property
1. Search property
In the first stage you go to a real estate agency to choose the most suitable option according to your preferences , wishes and budget .
2 . step booking
Focusing on a specific object , you need to reserve it by making a prepayment of 10 - 30% of the value of the property (usually the amount is around 1000 - 2000 euros depending on the characteristics of the object ) , and thereby obtain the inherent priority right to purchase the selected real estate and fix its cost. In addition, the object is removed from the booked sales for 1 month - until the conclusion of the preliminary contract - sale.
If you for some reason refuse purchase , the down payment will be in the real estate agency as compensation for non-fulfillment of obligations under the contract the buyer and the loss of potential buyers in the past month .
3 . Conclusion of the preliminary contract of sale
Within a month after the reservation is made the property a preliminary contract - sale. In fact, this document is an official acknowledgment of the receipt of payment the seller and the buyer and the seller's obligations in the future conclude the main contract - sale. If the object of purchase - sale - new signing the preliminary contract , the developer agrees to construct the object and pass it to the buyer , and the buyer , in turn, - agreed to buy real estate.
A preliminary agreement contains a detailed description of the property , including location, area , level of finishing works in the transmission facility; all information on the cost , terms, conditions and methods of payment , data vendor, documents confirming the right to own property , the term of imprisonment of a notarial deed . If it is a newly built facility - in the contract separately indicate date of commissioning .
Since the signing of the contract, the seller loses the right to transfer ownership , use and disposal of these assets for the benefit of third parties, non- contract customers .
4 . Making a notarial deed
Once the buyer will pay the last part of the property, according to the date specified in the preliminary contract - sale between the parties is the main contract in the form of a notarial deed , which is the analogue of the certificate of ownership in Russia.
Please notary witnessing ( extract from the register ) will check the purchased property on the "purity" , ie the absence of any encumbrances , whether unrecorded rights of third parties on the property , the availability of mortgage obligations , ban on the sale , the trial in this property , etc.
After checking the notary draws up notarial deed of transfer of ownership of property , as well as identification of the right. Document signed by all parties : the seller , the buyer and the notary , after certification of notary act sends the document to the district court . The judge , in turn, make the corresponding changes to the registry of real estate, and making a mark in the notarial deed .
In signing the act of the consumer must pay the notary fee (about 3% of the purchase price ) , government fees , taxes and other fees established by the legislation of Bulgaria.
The entire procedure takes no more than two days, after which you get a notarial deed and become the full owner.
You become the owner of what to do next
In the first place , regardless of whether you are a natural person or legal , must :
be registered in the register BULSTAT unimpeded visits Bulgaria;
within two weeks from the date of registration of the property register as a new payer's utility bills in the relevant box office ;
and within two months - in district tax office .
Now you , as the owner of the immovable property on the territory of Bulgaria, shall annually pay a number of taxes and fees :
property taxes (0.15 - 5 % per year, depending on the region) , paid quarterly : full callable in the first quarter of the taxpayer receives a 5% discount ;
land tax (0.15 % per year);
VAT (20% per year);
In addition, it includes utilities, fee for removal of household waste , servicing fee (if you have purchased apartments in the complex assumes such) .