How to find your estate agent to buy Bulgarian property!

“Imagine you’re in a supermarket by a large barrel of apples with a sign that says Pick One – 6 Cents. Some of the apples are sweet, others are sour, a few are only for cooking and the rest look too green and not quite ready for eating. You think for a second and then reach in and grab the first one that looks good – only to find that it wasn’t exactly what you expected.
For an apple, it may not matter. But that kind of decision making often happens when people choose a real estate agent to help them buy a home. On the surface, all real estate agents seem alike. They all charge about the same fee, from 3% to 6 % of the sales price ( speaking of Bulgarian Real Estate Agencies ), and most agencies offer similar services. But, in reality, differences can be huge. Consumers who don’t do their homework can wind up getting bad advice that could cost thousands. “- say one home improvement radio show.

Northern Ireland’s property buyer Gary Taylor expressed in a letter to Sofia News Agency his disappointment with Bulgarian lawyer Maria Dobreva, who, he said, had “robbed” him of EUR.
Can we trust to one, not well known person found in internet by chance or to a small real estate agent, hasn’t proofed its reliability?
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Investing in real estate is regarded as probably the safest and most consistent way to increase your capital. Worldwide property investment is no longer the preserve of the super rich or readily connected but with the event of the internet and a simplified banking system, is open to all of us.

Massive fortunes are built and grown through property investment and the sheer size of the global market offers the chance to build a property portfolio with even if you have the smallest budget.

Emerging markets and the ready availability of cheap investments, can be you’re your pension plan and a source of regular income. The key is identifying the fastest appreciating areas with affordable property that will offer consistent growth and huge capital returns.

Currently, in the European market, Bulgaria is the current hotspot with an average growth rate of 30% with the cheapest property prices in the EU. There are several other countries in the EU, which attract foreign investment for a variety of reasons. None, however, can rival the sheer number of factors, which makes Bulgaria an irresistible, safe and compelling location for your investment capital:
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By: Manjeet Singh

In addition to seeking out a Bulgarian property for sale for personal or family use, there are a number of people who are interested in finding a Bulgaria house for sale for investment purposes. In other words, these people want to purchase a Bulgarian property for sale, hold on to the property for a moderate amount of time (perhaps leasing it out during the period of ownership) and then they desire to sell the residence for a profit.

In point of fact, some people are able to make good money through the process of making the purchase of a Bulgarian property and then reselling the property after the passage of a reasonable period of time.

The overall Bulgarian real estate market has become increasingly attractive for investors in all sectors — industrial, commercial and residential. Indeed, when it comes to a Bulgarian property for sale, housing prices on average in the country are rising at a rate of about twenty to twenty-five percent per year. Therefore, if a person were to make the purchase of a Bulgarian property with the intention of holding for ultimate resell, he or she likely will make tidy profit in a short amount of time.
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By: Gordon Warre

Whether for investment, second home or rental, homes in Bulgaria have found their niche in the overseas property market. The residential markets in Sofia and Varna account for the bulk of luxury homes in Bulgaria while occasional listings in other cities are the exception rather than the rule, says a market overview commissioned to local analytical outfit Industry Watch by Lux Imoti, a local real estate agency specialising in upmarket properties.

The potential for obtaining a holiday home or retirement property is outstanding, said Paul talking at an investors evening focusing on off plan developments, and retirement homes in Bulgaria.

Bulgaria continues to grow.

Bulgaria topped the table for house price growth in 2007. Bulgarian property market ‘still has potential’ There is still growth to be seen in the Bulgarian market, according to a property expert. Bulgaria is a beautiful country now emerging from dormancy. Bulgaria has worked diligently, through its government and through the private sector, to attract tourists and tourism money into that country over the course of the part five to ten years.
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Gordon Warre

Bulgaria properties are, like anywhere else, extremely diverse and it is possible to buy whatever type you wish. However while it is true that there are many thousands of apartments to choose from, there are lots of other Bulgaria properties on the market: apartments, off-plan properties, villas, rural houses, town houses, downtown properties, cottages, hotels, parcels, industrial land, land for constructions, agricultural land, guaranteed rental properties.

Bulgaria is an option for you

Bulgaria is a great choice for investment as it boasts pristine nature, great weather, rich cultural heritage and hospitable, friendly people. Bulgaria properties are, like anywhere else, extremely diverse and it is possible to buy whatever type you wish. Bulgaria has a variety of investment properties and resorts to suit your requirements for investment and holiday making. Bulgaria is a world leader with its exceptional diversity of medicinal herbs and the excellent curative properties of its apian products.
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Clint Jhonson

Bulgaria is a country in the Balkan region. It is a country with a very rich and wonderful history. Its roots go back to the Thracian, Greek and Roman times. Bulgaria is a country with a diversity of landscape with tremendous variety. From snow peaks of the Balkan, to the wild and sunny coasts of the Black Sea, to the hilly country and plains, from the wonderful sight of Danube River, you can find this diversity all in one little country. That is why it is no wonder that this country represents a good opportunity for the real estate investment. The real estate market is in a constant growth, especially after the country joined the EU in 2007.

Bulgaria is considered one of the fastest progressing countries in Europe. Property in Bulgaria is of high interest especially in the coastal and mountain regions, as well as the big city locations which gets more and more popular and attractive for investments in real estate. Bulgaria is not such a highly industrialised country and is a fairly new EU member country thus making the real estate prices lower in comparison with the Western Europe real estate market. The growth of the real estate market is estimated to be 31% per annum. The booming Bulgarian real estate market is also explained due to its resorts. Many tourists come to Bulgaria during both summer and winter which is why instead of paying money for hotels the tourists invest in the real estate like villas and apartments near the sea, or in houses in the mountains.
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Arthor Pens

It is great that you have decided to buy or invest in property that is in Bulgaria, but you may not know what to expect. When buying in Bulgaria, you can expect a lot of things, from great priced real estate to a variety of types of real estate to buy. Bulgaria is a land full of property waiting to be invested in, that is what you can expect when buying in Bulgaria,

Depending on what city in Bulgaria you are choosing to get property in can vastly change the type of property available. For instance, if you were to get property in Sofia, the capital of Bulgaria, then you would most likely be looking for apartments or maybe a house, since Sofia is the most developed property market in Bulgaria. Now, there is a broader range of what to expect on a real estate market through out Bulgaria and is as follow:
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By: Vanya Alex

Limited liability company (OOD) is one of the most popular legal forms for carrying out business in Bulgaria. The second form is joint stock company (AD). The common between them is the shareholder’s liability – is restricted to the amount of his share in the capital of the company. If an individual establishes OOD or AD, the one-man company is called EOOD or EAD. These forms are preferred by foreigners to acquire an ownership over land in Bulgaria. At present foreign individuals are not allowed to own land in Bulgaria. Any foreigner who wants to buy land in Bulgaria can do it through establishing a local company. Those restrictions will fall in 2014 at the latest.

The law in Bulgaria also provides for sole trader operations (ET), joint ventures, branches, holdings, cooperatives and representative offices. They all have to be registered with the district court, which is a process that usually takes 2 or 3 weeks.
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By Rhiannon Williamson

More and more expatriates are attracted to Bulgaria each year.

These expatriates are drawn by the climate, the safe sandy beaches, the incredibly low cost of living and low prices generally, the historical heritage that Bulgaria offers and the welcome they get from the friendly Bulgarians.

While Bulgaria does not yet have the same destination appeal of Spain or Portugal say, all that is about to change as Bulgaria gets closer to entry into the EU in 2007.

Those choosing a new life in Bulgaria now are getting in ahead of the pack as this country is about to become very fashionable.

If you are thinking that Bulgaria might be the place for you what can you expect from life in Bulgaria? And which areas are attracting the main influx of expatriates?
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By: Jain Goodall

More sunshine, high temperatures, warmer seas, smaller towns, affordable prices and individual beaches are making the southern Black Sea coast more and more attractive to property buyers and investors.

Tourism
With more than 700,000 foreign tourists expected for this summer in the area of Nessebur alone, it is this kind of development in tourism which will lead to better services and infrastructure for the southern Black Sea coast, increasing its popularity with purchasers.
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