Synopsis of Sale Process and Conveyancing:
- Agree the price with a buyer.
- Collect deposit.
- Appoint either the agent or a solicitor to represent you in Bulgaria for the sale.
- Scan and send documents to your Agent or Solicitor; deeds, marriage dates, divorce dates, address, passports etc.
How much does it cost to sell a property in Bulgaria?
Its amount varies but in most of the cases it is 3% of the property market value. It is not only the buyer who uses the services of the real estate agents in Bulgaria, in most of the cases the sellers also do and also pay their commission.
How long can a UK resident stay in Bulgaria?
90 days
For a short-term stay up to 90 days in every period of 180 days, the UK nationals shall enter the territory of the Republic of Bulgaria with a valid passport without a visa.
Is it a good time to buy property in Bulgaria?
Bulgaria still has some of the lowest real estate prices in all of the European Union. While prices are currently rising, the time for investing is now. Most investors either set their eyes on buying commercial property meant for development, or they buy homes and benefit from the rental yields.
What is the average house price in Bulgaria?
These tranquil and beautiful locations together with the area of Stara Zagora in Central South Bulgaria still offer properties for the average price of around 10,000 Euros (7 000 GBP; 13 300 USD).
Can British people live in Bulgaria?
Permanent residence is available for British nationals who have arrived and settled in Bulgaria by the 31st of Dec 2020.
Can I buy property in Bulgaria after Brexit?
In Bulgaria, non-EU citizens are allowed to buy built property and in this case they are treated exactly as EU citizens. Non-EU citizens, however, are not allowed to acquire land, so if a British national wants to buy a country house with yard, this may no longer be possible as an individual.
What is the best time of year to go to Bulgaria?
The best time to visit Bulgaria is during the shoulder months from April – May, and September – October, as the weather will be pleasant, and the prices will be lower. The high season is summer, from June – August.
Where is the best place to buy property Bulgaria?
If you are looking for permanent residence, the best choice are the big cities. Such as the capital of Sofia, Burgas, Varna, Plovdiv where life is in full swing throughout the whole year. If you prefer quiet living, you can buy a home in small towns like Nessebar, Pomorie, Sozopol or Aheloy.
Is Bulgaria good for retirement?
Bulgaria is a beautiful country and an interesting destination if you are a pensioner and are looking for a foreigner friendly country, and the most affordable cost of living country in the European Union.
Can I move from UK to Bulgaria?
British citizens seeking to move to Bulgaria after Brexit They will only need their valid passport. British people seeking to immigrate to Bulgaria for long-terms must apply for residence permits, also known as the Long-term D Residence Visa.
Can UK citizens buy a house in Bulgaria?
Around 7000 UK citizens reside permanently in Bulgaria as of March 2016, according to UK embassy data. In Bulgaria, non-EU citizens are allowed to buy built property and in this case they are treated exactly as EU citizens.
