I am writing this further to a recent comment on another post related to buying process in Bulgaria.
In fact the Off Plan Survival Guide was written some time ago but I would like to point your attention to it as it is a good starting point for investment in Bulgaria.
In any case the first two points from it are very important:
1. Use a lawyer! This is the most important step. Do not use the lawyer recommended by the estate agent. Search on the internet for lawyers or ask a friend but do not even think of buying property without a lawyer.
2. Do not pay any reservation fee, deposits or other advanced payments without making sure that you will get a full refund in case that for whatever reason you decide later on not to buy. It is good also any such documents to be reviewed by a lawyer before you commit.
Related posts:
- How to certify power of attorney for Bulgaria
- Another successful investment in Bulgaria
- Bulgaria Real Estate Agents Guide
- Things to Do in Bulgaria When You’re Owner
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by COlin Hanley
08 May 2008 at 14:56
We have recently launched this site which is all about the first time investor in Bulgaria. It is not a sales pitch nor is it misleading. This site simply informs potential buyers of what they should be asking and what to look out for when buying in Bulgaria.
I hope this is of interest and look forward to your comments.
by survivor
09 May 2008 at 15:11
Good luck with the site! Hope that it will help also the buyers in their dilemmas.