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Property in Bulgaria

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zante2000 | 20:58 Tue 08th Aug 2006 | Travel
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Has anyone got any experience with buying property in Bulgaria. I understand you have to set up a company first. Any good / bad stories
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I'm in the process of (hopefully) buying - our first visit is next week. You have to have a company to buy a property that is on a piece of land or to buy land, ie. a house.

I'm looking at off-plan apartments and you don't have to have a company to do that.
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Maybe you could update me on how smoothly things run. Thanks
Not sure how I would do that? Maybe re-post your question when i'm back to jog my memory (I'm back August 21st)
Have a look here:

http://www.sash-solutions.com/

I found this by looking the "Buying Abroad" threads in the "Homes" section of the Channel4 forums:

http://community.channel4.com/eve/ubb.x/a/cfrm /f/7240096002
My mate has bought a plot of land out there, but he didn't have to set up a company.

Maybe the embassy will advise:
http://www.bulgarianembassy.org.uk
Hi,

You need to set up a company in Bulgaria if you are purhasing land , if you purchase an apartment you don't have to because the purchase doen't invovle land. There are no exceptions if you purchase a property with land you need to set up a Bulgarian company. However this is not difficult , takes up to a month to complete and the process goes smoothly .
Good luck and happy investing !

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