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Our Fee’s & other Costs
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Setting Up A Company
In order to purchase a villa house with land or land alone you will be required by Bulgarian law to set up an Ltd company, however, this process is very straight forward for U.K citizens.
The charge for setting up a limited company is shown below, in addition to these you will be required to deposit 5000 Lev (not included in “TP Offer” see below) into your own company bank account within Bulgaria. This is your starting capital, which can be withdrawn anytime following completion of the process and your company is registered and operational. (Approx 1 month)
This process requires you to visit Bulgaria in order to sign the initial contract, you will then be offered the opportunity to utilize power of attorney through a solicitor or person of you’re choosing. This person will then represent you during your absence from Bulgaria. (or you can use our “Buy Unseen” offer)
Our Fees
One full day’s viewing including all running costs is 100 Euro a day for up to 12 hours. Our English speaking partners will meet you at your hotel and drive you to view your selection of properties regardless of distance and how many viewed (within 12 hrs). There is a maximum 3 persons per car, larger parties can be catered for upon request. A FULL REIMBURSMENT OF VIEWING FEES WILL BE GIVEN ON COMPLETION OF PURCHASE.
The fee for registering a Bulgarian Limited Company is 500 Euros, this includes: Company name search All lawyers fees All notary fees All court taxes Registration of company in court, tax office, statistics office Tax card, Bulstat card, company stamp Translation of documents
The conveyance fee including commissions will be 3 % of the purchase price or a Minimum of 1,500 Euros. This includes: Negotiation with vendor on your behalf to secure best price Organising bank account All Solicitor / Lawyer fees All notary fees All court taxes Full checks on property ownership documents, land sketch, securing property title deeds. Preparation of a Preliminary Contract Draw up preliminary Contract Signing of Preliminary Contract Signing of final contract Organizing the payment of the 2 % property tax to the Tax authorities (payment of tax by yourselves) Declaration of the purchased property in the Tax office Official Translation into English
A Registered Translator will be present to explain exactly what is written on all documents before you sign. There is a charge of around 20-40 Euro for this service, for additional translations.
Other costs: The transfer is subject to notary and municipal fees, which are about 2.5% to 3% of the declared value of the property. Please note that the prices of the properties you see on our website do not include the transaction costs and our commission.
In some special cases we are able to offer a total package which will include all the above prices. Properties that are available with the total package deal are marked as “TP Offer”.
Cost of Maintaining a Company in Bulgaria
In order to maintain your company you will require the services of a Bulgarian accountant to prepare your end of year accounts these are approximately £100-150 per annum for a dormant company.
These services will be offered to you as an integral part of the buying process.
Our Promise
No hard selling tactics are used. Some clients find that one visit is enough, others need more time. There will be no pressure to buy. We want you to enjoy your stay.
So whether you are interested in a holiday, retirement, investment or commercial property then do not hesitate to get in contact with us for a friendly and professional service.
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