What do I need to know when buying property in Bulgaria?
When we asked expats what advice they would give a foreigner before buying a property in Bulgaria, they said...
"1. It is important to research the local area and the property market before making any decisions. 2. It is advisable to seek legal advice from a qualified lawyer who is familiar with Bulgarian property law. 3. It is important to ensure that the property is free from any legal issues or encumbrances. 4. It is important to check that the property has all the necessary permits and licenses. 5. It is important to be aware of the taxes and fees associated with buying property in Bulgaria. 6. It is important to be aware of the exchange rate and the cost of living in Bulgaria. 7. It is important to be aware of the local customs and regulations when buying property in Bulgaria. 8. It is important to be aware of the potential risks associated with buying property in Bulgaria," explained one expat living in Bulgaria.
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What do I need to know when buying property in Bulgaria?
If you live in Bulgaria, newcomers to Bulgaria would love to hear your answer to this question: