Buying a Home

We do not actually sell Houses but as independent consultants we can point you in the right direction, locate houses for sale directly from local owners and provide all the services you will need from checking the house thoroughly to making the deal safely and smoothly.
We live in Bulgaria and our charges reflect that – besides, first consultations are free of charge.

So feel free to check us out free of charge - e-mail us for an appointment.


Buying a home in Bulgaria does not have to be stressful or particularly difficult.
One simply needs to know how things work here - just as you would at home.  
You may understandably be nervous about dealing with a foreign system and having to use foreign lawyers, notaries courts etc.
In fact Bulgarian law is probably just as safe as the legal system at home. It is definitely a lot less expensive.
Would you buy a house at home without proper deeds? No, of course you wouldn’t. So it is simply a case of getting things done properly by people who know what they are doing and can explain the local system to you.
The one main difference here is that a foreigner has to have a Bulgarian company to own land – and it is not much use owning a house of you can’t own the land it stands on. But this is not a problem. Opening a company here is fairly straightforward and can be done in a reasonably short period of time, costing about €300.00. Once you have a company you can own as many houses as you like. Do not be taken in by websites claiming £600.00 or more for this service!
Our team can help with all of this and make the purchase of your retreat in the Bulgarian countryside as stress-free and efficient as possible. Feel free to consult us at any time. First consultations are free of charge. e-mail us at any time.

A word of warning! Beware of unscrupulous agents! More>>>

Check list for buying your Bulgarian home:
First take your time to choose – there are probably more houses than people in Bulgaria
Choose the location carefully – remember the three main points to consider when buying property: ‘Location, location, location’
Tips on location:

Access

Is the road to the village in fairly good condition? Although the odd pothole is the norm in Bulgaria there is no point buying a home on a really bad road – it will break your car and your heart when you have to go shopping in town.
Simply choose a location with reasonable access to local shopping centres and to the main road and rail links to International airports - Sofia and now Plovdiv for us in central Bulgaria

The view

Is the village pretty when you drive in for the first time? Does the house have a nice view? If you ever think of selling up this will make a big difference – first impressions are important.

Take a look at the village!

What sort of people live there? Is there a lot of rubbish just around the corner? Is there a factory or big farm that will have heavy trucks coming and going? Does the village have a cared-for feel – allowing of course for the difference in local standards from the west? If you have friends already living in the area listen to their opinions and not the real estate agent. Bulgarians will often claim the village of their birth to be better than a neighbouring one so take that with a pinch of salt too. If you have a suspicion that a village may have a crime problem, feel free to consult us – let us know the name of the village and we will ask the local police, who definitely  know.

Check out the neighbours

Just as at home, bad neighbours can make your life a nightmare. Take a look over the fence. Is there a mini scrap yard on the other side? A few chickens and the odd goat add to the rural charm, even a famer can be an ideal neighbour but a particularly messy farm yard next door can be awful and even unhealthy.

Topography

Is the village or the house in particular in a low lying spot where drainage will be a problem? Houses near rivers or streams can seem attractive but think about the damp and misty days that may often occur in this type of area – remember when it rains in Bulgaria it really does lash down! So, a house on a hill is obviously the easiest to keep dry.

Drainage

Traditional Bulgarian homes are built partially into the ground. This is very practical as the sub basement part of the home will remain cool in summer and will be warmer in the winter, owing to the subsoil temperature remaining stable at around 12°C all year round. You will need to make sure your new home is dry before you renovate or you will be wasting your money. We have seen hearts broken this way. It is fairly easy to deal with rainwater and damp basements as long as there is a reasonable drop away for drains to work efficiently. Drainage of low lying houses is of course possible, using a sump and automatic pump but this will obviously be more costly.
Don’t let this scare you off. Drainage is not as expensive as you may imagine and will save you a lot in the long run. We have experience and can advise on this – even before you buy. First consultations are free and may save you a lot of cash and worry!
Now the house itself
Don’t be taken in by prices that seem cheap compared to those at home. There is no real relation between house prices in Bulgaria and Western Europe – especially when looking at rural property. On the other hand don’t become obsessed with getting a ‘local price’. Many ex-pats (and not only in Bulgaria) start out paying way over the odds and then convince themselves that houses should cost prices they have heard quoted by others, who claim to be in the know. These are often house prices from just after communism finished and way before any foreigners owned a single property here. We know people who have sold pretty basic country houses for a mere thousand leva or two. But nowadays one must be realistic and accept that Bulgarians themselves will pay a lot more than that if they find the home they want –especially Bulgarians returning home after many years working abroad.
Just as at home, the best price for a house depends on the sellers need for cash and the buyer’s desire for that particular house. It is always better to pay a little more than you should for the home that you will be happy in.
It is far better to buy a home that you, your family and friends will enjoy using as a holiday retreat than to think about buying up houses as an investment just because they are ‘as cheap as chips’ – as you quite sensibly would, if you could find such low priced houses at home.
That said; beware of people trying to sell you a house in pounds or Euros. Insist on talking in Leva and do the math yourself – that will make the deal more realistic from the start. After all, 10,000 leva sounds a lot more than £4,340 doesn’t it?  
In Western Europe country homes are often more expensive than many in the city – the dream of a country retreat has driven the price of rural homes sky high. Yet, here the average Bulgarian family has at least one house in a rural village. Inherited family homes are kept and used when possible for breaks and to grow as much food (and drink!) as possible. That is how Bulgarians manage to enjoy the best things in life on the meagre salaries common here. Many are beginning to renovate their country homes as and when they can afford to. They too appreciate that life in the rat race is not really what they want and that the stress-free pace of life in the country will be better for the future health of the entire family.  
To sum up: Don’t just buy it because it is cheap. Take your time and find a place you can truly enjoy – and then do your best to buy it at a price you can easily afford.
As we mentioned earlier, we do not actually sell houses but as consultants we can point you in the right direction, locate houses for sale directly from local owners and provide all the services you will need to make the deal safely and smoothly. We live in Bulgaria and our charges reflect that – besides, first consultations are free and we are entirely independent. So feel free to check us out!

The structural condition of the house
Once you have decided that you think it is the house for you, you need to check for major structural problems.
Mostly there are not insurmountable problems with old houses – many of the old stone built ones are better than more modern and perhaps better looking buildings that are merely air brick and concrete with no insulation or damp proofing. The Bulgarians will hype up the newer build as a villa or such but in fact more modern does not mean better. And old stone house will be warmer in winter and cooler in summer – very important factors in this climate.
If you are not experienced in house renovations it is wise to let someone who is have a look around. If you don’t have your own expert, please contact us so that we can take a look before you commit to buying.  
Mostly there are not insurmountable problems with old houses Many of the old stone built ones are actually better than the more modern  buildings that are merely air brick and concrete with no insulation or damp proofing. The Bulgarians will hype up the newer build as a villa or such but in fact more modern does not mean better. And old stone house will be warmer in winter and cooler in summer – very important factors in this climate.

Think carefully about renovation

  1. How much do you want to spend?
  2. How much disruption can you deal with?
  3. How practical and comfortable to live in will the house be when your friends and family arrive on holiday? Simple things like a door in the right place can make sharing facilities stress free.

Good planning and design can save lots of cash and heartbreak!
We have experience and good ideas. Try us!

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    A word of Warning

       

      In the UK, for example, you would always have a solicitor to do the necessary searches on the property – searches are necessary to find any hidden debts on the property and to ascertain the true owner etc – and then to prepare a proper deed of sale, acceptable in a court of law.
      The same applies in Bulgaria. In fact here, as a foreigner, you are obliged to have a licensed translator to explain each document before you sign it – and all documents are witnessed and registered at the office of a licensed notary.
      Many ex-pat buyers make the mistake of only wanting to deal with home-based companies – many of which overcharge for services, such as registration of companies etc. Some go even further, preying on the fears of their clients, some of whom end up with no real ownership of the property they thought they had bought.*
      This is not common in Bulgaria – and in our experience has only happened to those who deal with agents from their own country. There are perfectly respectable Bulgarian agents – who will obviously charge for the service of dealing with all the bureaucracy on your behalf.  In our experience, they will not rip you off.
      So, the best advice is: Don’t be taken in by offers of a new life in paradise with a new home and a job guaranteed for less than the price you could sell your garage for at home! These offers are nothing but scams - just as they would be back at home.

       

      With our experience we can provide all the services and introduce you to ordinary honest Bulgarians with a home for sale.

      Just e-mail us


      * We would like to stress that in all our experience cases like this have not involved a Bulgarian agent.

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