Firstly we advise that you understand your financial
position before entering into any form of deal. If
you are considering re mortgaging or taking out a
loan, please speak to your adviser before hand, and
have something in principal.
Select apartment you want to buy.
Agree a payment structure with us, to suit both
needs, however this will depend on what stage the
development is at.
Reserve apartment: we will accept 1000 Euros to take
the property off the market. (this will be deducted
from the final amount you owe) If you require a
solicitor you can instruct at this point.
Sign a preliminary contract (something similar to
‘sold subject to contract' in U.K) this details all
particulars of property, the developer and yourself.
Follow
payment structure as agreed in the Preliminary
contract. We will issue you with a written receipt
for all money received. And keep you constantly
updated with the progress of the development
When development is completed, you would be required
to come back to Bulgaria inspect your apartment and
complex, discuss any concerns you may have with us.
Arrange final installment. Go to public notary
office with us and translator (solicitor if
requested) to conclude the deal.
All
fees for solicitors, notary and translators are
paid by the buyer directly. Average fees for
purchasing a property in Bulgaria is around 3.5%
of your property price.
