Why should You choose Bulgaria?

Bulgaria is a country with very good conditions for living and investments. The land is situated in the southeast of Europe. The relief is dominated by rugged mountains, except for the Danube lowland in the north that it shares with Romania. Rich farmland in the Danube Valley, 130 kilometers (80 miles) of sandy beaches on the Black Sea, and mountainous terrain characterize one of Eastern Europe's least densely populated lands territories. Most of the population is urban; about 83 percent are Eastern Orthodox, and some 12 percent are Muslim—the Rhodope Mountains, along the border with Greece.
It is a country of enormous natural and biological diversity, concentrated in a small area and within short traveling distances. The almost rectangular territory of 111,000 sq. km. represent one of the most important geographical crossroads between The East and The West.
The Bulgarian investment climate has never been better. There are many reasons and facts like:
The prices are under the average European prices
Liberal foreign investment laws;
Improving bank mortgage system;
Stable political and economic environment;
Excellent return on investment (ROI);
Limited currency risk (BGN is fixed to the EURO under a stable currency board);
Significant foreign investment in real estate;
Foreigner can legally own property through appropriate legislative schemes;
Opportunity to buy land through a company registered in Bulgaria with up to 100% foreign ownership;
Cost of living is the lowest in Europe;
Beautiful beach and ski resort areas set to expand rapidly in the short term;
Historical old traditional towns;
Healthy and growing open market economy;
Stable democracy;
EU membership 2007;
Highly-skilled, English-speaking work force at competitive cost;
The most stable and predictable business and political environment in South-East Europe;
NATO membership since 29 March 2004;
The lowest operating cost in a European market economy;
Industrial goods traded duty free between Bulgaria and the EU, EFTA, CEFTA and Turkey - a market of about 510 million citizens;
Excellent climate, natural scenery, food and hospitality; GDP is projected to grow by 5% on average per year in the medium term;
The EU countries generated about 70% of that investment stock. Top investors in Bulgaria have been Germany, Greece, Italy, Belgium, Austria, USA, the UK, the Netherlands, Russia, etc;
Corporate tax rate 15% in 2005) and 0% in areas of high unemployment;
Annual depreciation rate of 30% for machinery & equipment and 50% for software and hardware;
Smooth, speeded up administrative service;
Infrastructure subsidy for investment projects over 50 million;
55 treaties for avoidance of double taxation;
52 agreements on mutual protection and promotion of foreign investment;
This is probably the best moment for clear investments in Bulgaria.

How could You Buy a property in Bulgaria?

The first step is to choose a property from our database. If the property proves to be available, you can send an application form and reserve it. So you get a personal agent for the property purchase process in Bulgaria. The next step is signing a Preliminary Contract of Sale-Purchase and a Contract of Real Estate Management. These will be given to you within seven days after receiving a deposit and presenting the receipt for the paid fee. The deposit includes: - Reservation deposit of 10% of the property's selling price. Once we receive cleared funds we will take the property off the market (we will pay 10% deposit to the seller) for a period of 30 days. During this period of time the seller together with you, have to set up a company in Bulgaria and after that you should pay the rest of the amount in order to complete the deal and obtain the Title Deed. Make yourselves well familiar with these contracts and if necessary, contact us for more details, and then send us back the signed copies. This is to be done within 14 days, including the first installment, the way it is described in the Preliminary Contract. If you decide to take a look at the real estate advertised by us and you plan a travel and a viewing trip, we will ensure full assistance and professional consultation. We will duly inform you about the payments which have to be done in accordance with your leasing plans, and will keep you updated on the stage of completion of your real estate. The real estate becomes your own property after you pay the last installment and is transferred with the assistance of a competent notary.
The document which you will have to sign personally or by a proxy power of attorney, is called a Notary Deed.
If you cannot sign this document personally – we are ready to assist you.
The prices we offer include VAT tax.
The sum of all transfer costs is at the expense of the buyer and amounts to 3% of the purchasing price.

If you re-sell a real estate already purchased by you – the above costs are at the expense of the new buyer.
For all activities connected with the newly purchased real estate, we offer a Management Agreement and the charges are either based on fixed annual prices in euros per sq.m. or according to the contract offered by the executive company.
We will also provide a property insurance and always timely and useful advice.
If you have any further questions regarding purchasing off-plan real estates in Bulgaria, please, contact us: office@bestbulgarianproperty.info

How do You travel to Bulgaria?

Direct international flights are available to the capital, Sofia, all year round. Direct charter flights to the Black Sea (Varna/Burgas) are available during the spring/summer months and can be booked through local UK travel agents. When you arrive at your chosen destination you will be met at the airport by one of our experienced representatives who will agree with you a schedule of property viewings. Throughout your stay you will be escorted by a courteous and well informed representative who will do his best to provide you with interesting local knowledge concerning your chosen area from restaurants to places to visit as well as vital information regarding your property purchase.