Property Taxation system in Bulgaria.
Foreign investors can invest in properties in Bulgariain two ways, either directly or through a local entity. If it is a direct investment, the tax...Read more
Bulgaria in the EU.
With the entry pending for Bulgaria to go into the E.U, this has certainly boosted the growth potential of property sales in the country, it also increased prices dramaticall...Read more
Bulgaria is one the most popular destinations for overseas investment home ownership as a result of the relatively low cost of property and the potential for value growth following the country's acces...Read more
According to the many developers and agents we work with in the Bulgaria property market prices rose by up to 30% in 2007, the question is of course will this continue in 2008?
The Bulgaria property...Read more
Good news for the many considering buying a property in Bulgaria came last week when the Bulgarian National Bank (BNB) press office said that the lev-to-euro exchange rate would remain at 1.95583 and ...Read more
Frequently Asked Questions
Q: What is a Private Purchase contract?
A: This is also known as a Preliminary Purchase Contract and is a contract that is signed by all parties (similar to ‘Sold Subjec...Read more
At Overseas Property Centres we work hard to ensure your viewing tour lives up to our values of Straightforward, safe and personal
We go out of our way to ensure you have all the knowledge you n...Read more
If you are considering using a mortgage to purchase an apartment, town house or Villa in Bulgaria, Euro mortgages are available for buying properties in Bulgaria with interest rates fro...Read more
Banking Hours Mon-Fri 0900-1600. Currency Lev (BGN) = 100 stotinki. Notes are in denominations of BGN50, 20, 10, 5, 2 and 1. Coins are in denominations of 50, 20, 10, 5, 2 and 1 stotinki. There is a f...Read more
The Bulgarian Black Sea coast is potentially one of the best investment opportunities around today. Weather like Spain, a varied coastline full of lovely beaches and property prices that ar...Read more
Medical Assistance in Bulgaria
Comprehensive medical cover should be taken out prior to travelling to Bulgaria. This should be for the full duration of your stay and should include medivac to the...Read more
Your British Embassy will hold of list of all English speaking lawyers in Bulgaria, they can also tell you what law they specialise in. Go to… www.britishembassy.gov.uk to see the full li...Read more
Mortgages for residential property in Bulgaria can be arranged but generally only on a repayment basis. Please note, that if the property is off-plan, mortgages can only be provided once the pro...Read more
Pensions in Bulgaria
You can claim state pension if you live outside the UK. However you will only receive the yearly index-linked increases and other benefits i.e. the Christmas bonus if you liv...Read more
When considering buying a property in Bulgaria, particuarly a resale property, in general you or your solicitor needs to carry out the following checks…
Research its legal status, e...Read more
Income tax in Bulgaria is progressive and will be anywhere between 15% - 29%. There are some exemptions that apply to individual circumstances.
Income tax…
If you work in B...Read more
It is advisable to get a will made up in the country where your property is located. This ensures that any different laws they may have for inheritance are covered in your will. Even if the local...Read more
