How to buy - legal advice
Typically, the process is comparable to that in the most EU countries.
Key differences are:
- Usually, both the seller and the buyer use a separate agent to represent their interests, with each paying a commission to their own agent.

- A preliminary contract is often used to make legal the agreed terms and price. A deposit is paid at this time to secure the contract for a fixed period and to take the property off of the market.

- Foreign nationals can buy property in Bulgaria, but when there is land included a workaround has been found whereby a company, owned by the foreigner, is set up and this in turn owns the land. So to be totally clear a British owned legal entity registered under the Bulgarian legislation can possess even land.

- Taxes in Bulgaria are lower than those in the UK, and even with the costs of establishing a company, the costs of the purchase itself are far lower than a comparable property in the UK.

Looking at the table there are a couple of steps that will be unfamiliar to first time buyers in Bulgaria, in particular the need to set up a company.

This process is complicated a little further with all contracts in Bulgaria produced in Cyrillic. PamporovoEstate can handle all of the paperwork on your behalf, establishing a company on your behalf, preparing all paperwork for signature, checking on title deeds etc. In short, the process is made painless, where all of the necessary paperwork can be arranged during your visit to Bulgaria.

In a few steps what we could accomplish for you?

1. Search for a property using PamporovoEstate on our website and by requesting details of properties shortly coming onto the market using our ‘request info’ page
2. Contact us to make arrangements to visit the area, be greeted there and view property – check our page ‘Getting there’.
3. Choose your new property investment, negotiate price and terms
4. Make a preliminary contract and pay reservation deposit
5. Assuming the property has land, set up a company to take ownership of the land and property in your name. BulProperty can organise each step of this straight forward process
6. Legal checks on title, debts terms of contract etc. A PamporovoEstate approved lawyer will manage this paperwork for you
7. Title deed (an act in front of a notary), transfer funds and the exchange title deeds
8. Take ownership of the property