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Bulgarian Real Estate Law

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Estate Owner & Property Investor


How to sell a property in Bulgaria - Bulgarian Property Lawyer advices

Sell Property in Bulgaria Below are outlined a few very important legal advices that you should consider before you make the step towards selling your property in Bulgaria.

Before you sell a home prepare yourself with the knowledge needed to make your real estate transaction go smoothly:

Selling Property Legal Advice 1. Conclude a Preliminary contract for a sale of the property in Bulgaria with a potential buyer. It stipulates the terms of execution of the new Title Deed and the way of payment of the sale price. A Bulgarian real estate lawyer could draft it or he could represent you whenever you wish to sell a property in Bulgaria.

Selling Property Legal Advice 2. When selling a property in Bulgaria, make sure always to get approximately 10 % (ten per cent) of the sale price from the buyer to bind the bargain.

Selling Property Legal Advice 3. The project for the new Title Deed to be drafted. The Title Deed for the sale of a property in Bulgaria can be drafted again by a professional property solicitor in Bulgaria.

Selling Property Legal Advice 4. The following documents should be issued - a sketch of the property, a tax evaluation of the property, a Declaration pursuant to Art. 264, Para.1 of Tax Social Security Procedure Code (it should be signed and notarized).

Selling Property Legal Advice 5. To appear before Notary Public in person or to be represented by a Bulgarian property lawyer as a proxy for the execution of the new Title Deed. The rest of the sale price should be paid before Notary or through a bank account of the seller.

Selling Property Legal Advice 6. And finally if the property is mortgaged there should be a letter from the bank that granted the loan that the mortgage is fully paid.

The above mentioned steps how to sell a property in Bulgaria are general. Each case has its own special features, but when somebody would like to know how to sell a property in Bulgaria they have to follow these basic steps to avoid frauds and possible future legal problems.

We strongly recommend to turn for help to a Bulgarian Legal Office to assist you because this will secure the deal and because the real estate solicitors in Bulgaria are legally experienced in the legal procedure of how to sell a property in Bulgaria.

Selling your property in Bulgaria can be one of the biggest financial decisions that you can make. At the same time, the process of selling real estate property in Bulgaria can be sometimes a daunting task. Choosing the absolute best legal advisor to prepare the documentations and sell your property can make all the difference. The right real estate lawyer can turn an otherwise stressful, sometimes difficult process into into a comfortable, more less-stressful and informed one.

Choose us and we will make sure that you get the best help when selling your property in Bulgaria.

BulgariaRealEstateLaw is ready to assist you and get your real estate property up for sale.

Call our law office today: +359 885 040 808 for expert legal assistance or fill our FREE Legal Advice form.

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ul. "Mutkurova" 28
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city: Ruse, country: Republic of Bulgaria

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