Everyone looks for the best possible return on their investment. With well-researched, strategically chosen and Quality Assured Off Plan Investment, high equitable growth and prompt returns are achievable. According to figures currently recorded by the Bulgarian Tourist Information, tourist interest has risen 30% per annum and since 2002, property figures show an increase of up to 50% per annum.
Bulgaria offers a broad range of real estate investment opportunities and these are currently available at a fraction of the cost of Bulgaria’s European counterparts.
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If the property is land or a Re-Sale, a Bulgarian Company must first be formed. (Approx. 700€.) A foreigner cannot currently own land but can have outright ownership of a company that can own land. This law is set to be removed from the Constitution after the country joins the E.U. in 2007
The process and requirements for Off~ Plan Investment are relatively simple and the following breakdown is a common example:
Reservation deposit 10% of sale price (Minus holding deposit) This is legally protected by “TITLE DEED”
10% of sale price
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