What can sellers expect?

A wide variety of serious buyers from Europe and worldwide.

After I have checked your sale contract (notralien akt or title deed), company documents (if applicable) and kadastre register are valid, I will list your property via social platforms. I promise to only show these documents to my lawyer and keep on a secure holding file until the property is sold.

Please note, a house cannot be sold without the original sale contract and I promise I am not in the business of forging documents.

I ask an agreement to be signed, that holds you bound to accepting an offer from my client. This a promise that you will not renegade on the deal and confirm you will not change your mind, ask for more money or remove from sale after you have agreed a price with the buyers.

We will agree access for viewing dates . Whenever possible, I will accompany the potential buyers.

I do not charge you for my services but take a fee from the buyer. All I ask in return, is that you agree to no direct contact with my clients and no cutting me out of the loop.

Also if you sell the property independently, you agree to inform me so I can mark as sold and no further time is wasted. You may forward my details to your private sale buyer, should they require help or advice on purchasing in Bulgaria including access to reputable legal assistance.

Buyers pay all purchase fees at the notary, except the kadastre register (skitsa) and the document to prove all taxes are paid. Both need to be presented to the Notary on the day of sale but it makes sense to provide earlier so the notary has all information ready in advance. You are within your rights to use legal representation to check the sale document and this is at your own expense.

The Kadastre skitsa costs about 20 BGN and is valid for 6 months. However this can be extended after 6 months, with the owner’s signature, at the land registry office. It usually takes about 2 weeks to produce a new Kadastre skitsa at your local Obshtina land registry office. This can be done at any point before or after an offer is accepted however if any discrepancies occur this can cause a delay to the sale so it is advised to order one as soon as possible. A fast track service is available for a higher cost.

The taxes paid document is created where you pay your house danuk and is valid until the new tax year on April 1st.

If you need help to obtain your Kadastre Register and Tax Summary documents, I may be able to assist you, in return for my time and travel expenses.

Please contact me via email to list your property: hideawayhomesbulgaria@gmail.com

Rent to Buy

A lot of clients are requesting this option as mortgages are difficult to obtain in Bulgaria and almost impossible when buying overseas. You can stipulate your payment terms, usually with a deposit of half the sale price, and then monthly payments over 1 or 2 years. A contract will be arranged with a lawyer and signed at the notary. Charges to arrange this will be agreed beforehand and usually shared wit the buyer.

You can either decide to hand over the keys from the start of the payment term, which means the buyer is responsible for any repairs that occur after. Or you can hold onto the keys until payment is complete, which means if anything happens to the house, you are responsible for the repairs.

Should the buyer stop paying for any reason, the court can intervene and either return the property to you or pass to the bailiff. This can also be set out in the payment contract.

Rental

If you do not wish to sell but would like to rent your property, I can assist with a rental contract and regular property inspections for 10% of the rental price. As a guide, the average rent in Bulgaria for a 3 bedroom house is 800BGN per month in villages to 1200BGN pm in towns. Though these prices all depend on the standard of housing.

Contact Meli direct and I will email an example of a rental contract:

hideawayhomesbulgaria@gmail.com