Bulgaria for individuals and legal entities. Features of the purchase of real estate in Bulgaria

Bulgaria for individuals and legal entities. Features of the purchase of real estate in Bulgaria

Earth possession is the main rule of an independent state, to dispose of the land that is located on the territory of this country. That is why any state attracts foreign investments, but without a guarantee of long -term ownership of the land where capital will be invested, the investor will not agree to spend his funds.

Therefore, in many countries it is not allowed to purchase land by foreign legal and individuals, but it is allowed to companies involved in foreign capital.

But if you still decide to purchase a land plot in another country, then perhaps you will only have to rent it for a very long time, about 27-30 years.

There are no such harsh restrictions in Bulgaria, and such “sticks in wheels” are not placed. Having joined the European Union in 2007, the Bulgarian government aimed precisely on attracting foreign capital and foreign citizens to the country.

Real estate in Bulgaria is now one of the cheapest foreign real estate. For example, you can buy a comfortable house in Bulgaria, with all amenities, not the shore of the Black Sea. And this will cost you five times cheaper than acquiring a two-room apartment in Moscow, or a three-room room in St. Petersburg (in prestigious areas).

In addition, in recent years, many real estate agencies have opened in Bulgaria, which are aimed precisely to work with foreign investors and buyers. The procedure for buying comfortable housing is quite simple and reliable, it is debugged to the smallest detail.

In Bulgaria, for example, you can purchase a free land or with a structure. But if the buyer wants to purchase a plot of land together with the building, then he will have to purchase the building, and the adjacent territory should be leased, and undeveloped land (which is usually acquired by legal entities), it is necessary to register for the buyer company.

The owners of this territory can be both Bulgarian companies with attracted foreign capital and the companies located in Bulgaria, but the owners of which are foreign citizens.

But there is an important factor, before joining the European Union, editing in the Constitution of Bulgaria was adopted, which allow land ownership by foreign citizens. However, the relevant laws have not yet been formulated and adopted by the government.

True, despite this, investment continues and increases every year, and Russian citizens are more and more striving to purchase real estate in Bulgaria.