| Buying Process
We aim to assist you in every way to ensure this process goes as smoothly as possible.
- Search our website. Our list of properties in Bulgaria is updated daily. Contact us or our partners.
- Select properties to view and make an arrangement to visit Bulgaria. Let us know. Paragon Ltd. Can offer you multiple services as listed below
- We can arrange viewing trips to the properties you have chosen and search for others which may suit your needs
- We can assist with transportation from/to the airport
- We can arrange assistance in booking hotel accommodation or rental of a car during your visit
- Find the property that matches your requirements
- Setting up a Limited Liability Company. You will need to give Power of Attorney to our Lawyer and open a bank account depositing 5000 lv. founding capital, which can be withdrawn from the bank after the registration is completed. Look our Tax Advice Service.
- Signing a preliminary /agency/ contract, which protects your rights as a buyer and authorizes Paragon Ltd. to organize the process of buying and to finalize the deal. You need to deposit 10% of the purchase price. The deposit and the agency fee is non refundable in the event the sale is not completed as a result of the buyer. The deposit, our agency fee and commission must be paid (which are itemized in the agency contract) at the time of signing the pre-contract.
- Checking and preparing all the documents for changing the ownership, which activities are part of the agency’s obligations, detailed in the agency contract and includes all the taxes and fees notary fees, lawyer fees, contracts, stamps, local and state taxes.
*Please note that the commission may vary for property to property, but this is always discussed in advance.
- Providing translation of all the documents involved in the property purchase, however this is not always necessary. If you prefer to have all of your contracts in English this can be arranged however there will be an additional cost.
- The final stage is signing the Title Deed and becoming an owner of the property. (The Notary has to certify the deal)
Although all of the above seems a large process The whole procedure of purchasing the property after signing the agency contract takes 4 weeks at the most.
The deposit and fees can be paid through our bank account. We will negotiate the payment way with you.
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sq.m:
1219 price: 11000 EUR description:
Solid one storey house situated in a beautiful village - Gorsko Slivovo!!!...View
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1000 price: 63600 EUR description:
Mountain house situated in a lovely village 8km far from the town of Tryavna....View
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FEES
Company set up - 600 € ( including all the official fees )
Agency fee – 3%, but not less than 600 euro
Transferring the ownership of a property – from 250 to 350 euro plus all the government, municipality and notary fees and taxes
Accountancy, administrative servicing and tax return Annual Fee - 200 Euros per year
Legal translation of all the documents, which are involved in the purchase of a single property (this fee is only if you want the documents in English) – 65 €
Transport from/to the airport /Sofia and Varna/ - 80€pp/return |