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Vip Consult The Process Of Buying Properties In Bulgaria

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The document outlines the three main stages of buying property in Bulgaria: 1) Entering a reservation agreement which identifies the parties and property details like price and payment terms; 2) Signing a preliminary sales contract cementing the details and setting a date to sign the title deed; 3) Executing a public deed of sale before a notary which legally transfers ownership and must be registered with authorities. It also describes related legal services offered by VIP Consult like reviewing documents, providing legal opinions, and assistance obtaining permits.

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VIP Consult Legal and Business Consulting The Process Of Buying Properties In Bulgaria
Stage I Reservation Agreement Complete identification of the parties Identification of the property Purchase price and payment conditions (Reservation) deposit amount Date for execution of Preliminary Agreement
Stage II Preliminary S&P Agreement Complete identification of the parties Complete identification of the property Purchase price and payment conditions Date for execution of the Title Deed Liability for payment of expenses and other charges Penalties applicable in case of breach
Stage III Public Deed of Sale & Purchase Executed before a Bulgarian Notary Public Buyers must be present or duly represented All relevant licenses/certificates listed and attached Drawn up in Bulgarian language Mandatory registration with the Tax Authorities and Bulstat
VIP Consult Real Estate Law Services: Legal documents check and review Drafting legal opinions on the deal, the contracts and the counter party Land status survey of the real estate Drafting of Building contracts Help in Obtaining building permission Assistance in Change of land statute
VIP Consult Real Estate Law Services: Drafting of Preliminary Contracts Drafting of Management & Maintenance Contracts Rental Contracts and Final Contracts on purchase and sale of real estate Mediation before credit institutions
VIP Consult Real Estate Law Services: Assistance on obtaining compensation in case of non-fulfilment on preliminary or final contracts Assistance and legal representation in front of Notary Public
Other Related Services Properties on request Investment assistance Market research Drafting opinions on the investment opportunities in the sector.
VIP Consult - Contact Details Head Office 20 Omurtag Street fl 2, apt 8 Varna 9000 Bulgaria Tel./fax: +359 52 603 183 Mobile: +359 887 55 66 32 E-mail: [email_address] Web Page: www.vip-consult.net Regional Office 86 Pirin Street Bansko 2770 Bulgaria Mobile: +359 896 69 79 71

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Vip Consult The Process Of Buying Properties In Bulgaria

  • 1. VIP Consult Legal and Business Consulting The Process Of Buying Properties In Bulgaria
  • 2. Stage I Reservation Agreement Complete identification of the parties Identification of the property Purchase price and payment conditions (Reservation) deposit amount Date for execution of Preliminary Agreement
  • 3. Stage II Preliminary S&P Agreement Complete identification of the parties Complete identification of the property Purchase price and payment conditions Date for execution of the Title Deed Liability for payment of expenses and other charges Penalties applicable in case of breach
  • 4. Stage III Public Deed of Sale & Purchase Executed before a Bulgarian Notary Public Buyers must be present or duly represented All relevant licenses/certificates listed and attached Drawn up in Bulgarian language Mandatory registration with the Tax Authorities and Bulstat
  • 5. VIP Consult Real Estate Law Services: Legal documents check and review Drafting legal opinions on the deal, the contracts and the counter party Land status survey of the real estate Drafting of Building contracts Help in Obtaining building permission Assistance in Change of land statute
  • 6. VIP Consult Real Estate Law Services: Drafting of Preliminary Contracts Drafting of Management & Maintenance Contracts Rental Contracts and Final Contracts on purchase and sale of real estate Mediation before credit institutions
  • 7. VIP Consult Real Estate Law Services: Assistance on obtaining compensation in case of non-fulfilment on preliminary or final contracts Assistance and legal representation in front of Notary Public
  • 8. Other Related Services Properties on request Investment assistance Market research Drafting opinions on the investment opportunities in the sector.
  • 9. VIP Consult - Contact Details Head Office 20 Omurtag Street fl 2, apt 8 Varna 9000 Bulgaria Tel./fax: +359 52 603 183 Mobile: +359 887 55 66 32 E-mail: [email_address] Web Page: www.vip-consult.net Regional Office 86 Pirin Street Bansko 2770 Bulgaria Mobile: +359 896 69 79 71