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Purchase of property Bulgaria

Many clients asked in the last couple of mounts for legal support in the process of purchase of property Bulgaria

 

Bulgaria is a member of the European Union since 2007.

Since that moment is is very attactive to buy a property in Bulgaria.

For аlmost 10 years the property market has changed in a very perspective and positive way. Bulgaria has got some advantages in the opportunity to serve foreign investors.

We’re also a full service law firm, meaning that our conveyancing specialists can access other expert teams across the firm like real estate, tax issues to make sure that, whatever you need, we can help.

A real estate attorney  in a process of Purchase of property Bulgaria will verify that a buyer’s offer is legitimate

In the meantime as real estate attorney, we will assist in negotiating the conditions of the transaction.

They defend the buyer’s or seller’s rights by checking and assessing the paperwork, clarifying the mortgage conditions, and, if required, offering legal advice.

We hope that this post will be useful to you if you are unsure if you need to contact a property lawyer, whether you are a buyer or a seller.

Some legal steps…..

  • Bulgaria has got the lowest taxes in Europe – 10% corporate tax and income tax.
  • Our country has got the cheapest labour.
  • The country has got a very fast rate of export increasing, despite the conditions of a global economic crisis in Russia and Turkey;
  • Bulgaria has got a fixed rate of the national currency.
  • The country has got a stable currency board.
  • There is an equality for every foreign investors to register a company in Bulgaria.
  • After joining in the EU, Bulgaria has got a modern legislation harmonized with the one of European Union.

We are property lawyers in Bulgaria acting like legal advisers of many individuals and legal entities.

Having a real estate lawyer on your side may be quite advantageous if you just have a hunch something might go wrong or if you want to make sure all of your options are covered.

With a skilled legal practitioner on your side, you can be certain that even if things go wrong, you’ll have someone looking out for your best interests who can guide you through a difficult scenario.

Every real estate lawyer will be there to assist you to grasp even the most unclear words and act in your best interest, especially if you are unaware of all the legal jargon, intricacies, and probable blunders that may arise along the road.

We would like to advise our clients and foreign investors Purchase of property Bulgaria as well.

The legal taxes

The “tax estimation price” is for the purposes of real estate taxation. It usually is lower than the actual selling (purchase) price.Buying a Property in Bulgaria

Most of the sellers of real estates in Bulgaria wish to sell their property on a “tax estimation price”.

The difference is concerning the tax issue on the sale – because the sale price needs to be covered by the taxes, and the seller don’t want to pay those taxes.

Sometimes sellers prefer to keep the real price, if the property is owned by several owners.

Practically, the last ones are not aware of that kind of legal issues for Purchase of property Bulgaria

What we offer to the clients?

If you have any legal questions if you would like to buy a property in Bulgaria, or would like to know something else, do contact us.

Buying or selling a house is not as simple as giving your credit card and walking away with your new property.

Purchases of real estate are complicated legal transactions controlled by state and local regulations.

An expert real estate attorney can walk you through the process of closing on your house step by step.

To that end, here are some of the most compelling reasons why hiring a property lawyer is critical when purchasing or selling a home.

Our laywers will help you in the best way.

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