Bulgarian Properties

You search to buy the property in Bulgaria? We offer you the best place for that! Elhovo area is perfect place for your new home. You ask why… I`ll answer you. This region is located in the valley of Tundja River (one of bulgarian most beutifull rivers). The climate there is allied species to Mediterranean climate.

Black Sea is located only 100 kilometers away. The best opportunity if you search for property near to the sea. Elhovo is located near to Stara Planina - the most beautifull mountain in Balkan peninsula (the name of the peninsula is take from the old name of this mountain).

Elhovo regions is calm and nice. There are many shops, pubs, restaurants, disco and night clubs, internet halls and etc. The infrastructure of the town is perfect. There is a post office in the settlement. The people who live there are very kind and friendly. There are a sports equipment: tennis cort, station, basketball playground, swiming pools and etc.

The education there is on high level: there are primary schools, high school and education center. If you want to come here, there is a hotels where you can stay, during you search perfect property for you. The town is situated in huntiing and fishing area. But most inportant reason to buy property there is cheap price of the properties.

You are interested in buying property in Bulgaria but are not sure where to start?

We can help you with all the steps to become the proud owner of a property in Bulgaria.

Steps for buying Bulgarian properties

At present under Bulgarian law a foreign national is unable to purchase land, although this legislation is expected to change once Bulgaria has become part of the European Community in 2007. However foreigners are permitted to buy houses and the land surrounding it by starting a Bulgarian Limited Company. The land and house can be owned by the company and the foreigner can have outright ownership of the company.

This procedure may sound complicated, but is in fact relatively simple and our Bulgarian Lawyer will undertake this on your behalf. The procedure can be broken down into the following simple steps:

1. You must ensure that the property you are interested in is still available. Send an inquiry to us and we will answer within 24 hours

2. A reservation fee is required. This is normally 10% of the value of the property, this will be paid to the seller who will therefore be legally bound to the sale with you. At this time a preliminary contract is signed by both parties. Should the seller back out of the sale, the reservation fee is returned and a cancellation charge levied against the seller which you will receive. Should you however decide against the purchase after the reservation fee has been paid you will forfeit this payment to the seller.

3. At this time our fee is payable fixed at 3% of the purchase price. (Therefore before offering a reservation fee the property should have been viewed and the buyer completely satisfied that the property is the one wanted).

4. The buyer is expected to complete the purchase by paying the balance within 3 months from the reservation payment date. Should the buyer fail to pay the balance by this date there is a risk of losing the property, the deposit and the arrangement fee paid to us, however we will do our best to arrange an extension with the seller on your behalf.

Why would you choose buying property in Bulgaria as an investment?

It is very simple. Bulgaria has so many things to offer, beautiful unspoilt countryside, long golden sands and wonderful mountain ranges. If you are person who is into adventure sports you can practice everything here from Skiing to windsurfing, from mountaineering to horse riding. You can come to relax and unwind, or you can push yourself to the limit. Bulgaria is changing and changing quickly.

Buying a property in Bulgaria is still a relatively cheap option and a great investment for the future. As Bulgaria becomes more and more known houses and land will become increasingly sought after. This has already proved to be the case on the Black Sea coast where property and land prices are already climbing.

This little known country is member of the European Community from 2007 having already joined NATO in 2004. In the wake of this change Bulgaria is experiencing an era of economic recovery and a property price boom is predicted.

Since 2003 Bulgarian properties prices have risen by 30% across the board and they continue to grow.

Many people already buying Bulgarian properties and English people in particular have found a welcoming community whether settling along the Black Sea Coast or in the small inland rural villages which offer attractive property investments, usually with large areas of land attached at very competitive prices.

There has never been a better time to invest in this lovely and unspoiled country; cheap Bulgarian property and land is abundant, whether you are looking for a large Bulgarian villa for your summer holiday, an apartment for winter ski breaks or an isolated, get away from it all home in the country in a remote village, Bulgaria has something for everyone.