Sale, City Of Sofia, In Sofia Centre 1 BR Apartment For - Property
A good quality ski chalet or a seaside villa can generate excellent seasonal yields. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. After it equal monthly installments during the loan term are paid. Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. Are there any restrictions on buying property by a foreign national in Bulgaria?There are no restrictions on buying property without land in Bulgaria for a foreign national. As for the UK, London properties in a number of residential areas (such as Knightsbridge, Kensington and Chelsea) can sell for approximately EUR 16,000 per square metre (£1,000 per square metre). At the same time, Bulgaria is holding a leading position on the list of preferred Balkan tourist and investment destinations, and the resulting steady increase in the prices witnessed in the recent years is expected to continue well into 2007. Balconies: One, in front of the living room and the bedroom. Bulgarians are happy to see people bringing wealth and foreign investment to their communities and enjoy the internationalization of the country.Should I wait until the end of 2007 to invest?Absolutely not! Bulgaria's exchange rate is fixed to the euro at 1.95583 BGN to 1 euro and all Bulgarian currency in circulation has been backed 100% by the foreign exchange reserves of the Bulgarian National Bank. Bulgaria's ski resort No.1 is of course Bansko , located at the northern foot of Pirin Mountain. Bulgaria's stabilization programme, which included the introduction of a currency board on July 1, 1997, marked the end of a period of economic turmoil and near-hyperinflation. Central heating monthly expenses for a 2 bedroom apartment come up to about EUR 70. Commercial and office space in prime locations have been traditionally regarded successful investments. Contact our brokers for any further details and questions without hesitation. Electricity used for heating purposes is more expensive than gas or central heating.The annual taxes for owning a property depend, it goes without saying, on the location and the type of the real estate. European standard of high quality construction: first class common parts, German PVC joinery, interior MDF doors, armoured entrance door. Example: a property priced EUR 30,000 is insured against theft, flood and fire costs for EUR 125 per year. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. Garage: There is a possibility to buy a parking lot at prices from EUR 15 972. House insurance ranges depending on the type and location of the property and amounts to EUR 100-200 annually. How do Bulgarian property prices compare to those in other countries?Properties in the prestigious residential areas of Sofia sell at about EUR 1,000-1,200 per square metre (roughly £67-£82 per square foot). How do I register my property in Bulgaria?The notary will register the notarized deed at the registration office with the respective district court. However, if the acquired property is a plot, a local citizen should acquire a property. However, if your intention is to purchase and own land (including building plot, house with garden, summer house, apartment with accruing shares of the land on which the apartment building is built), you will have to be permanently staying in the country. If you are not sure you can handle all these things and don't want to face the inherent risks, MIRELA can ensure a quick and trouble-free buying process for you. If you prefer our partners can help you design an ideal interior to suit your taste and style, and completely furnish the property so that everything is ready for you. In case of overdue payments the bank charges a penalty interest rate. In case you are buying an apartment, the centre of Sofia is of course one of the most attractive places. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. MIRELA Real Estate Agency offers excellent property management services, including renting out, maintenance, renovation, etc. More detailed information on visas and staying in Bulgaria can be read here . Next come the neighbourhoods of Lozenets , Ivan Vazov , Strelbishte , Iztok . Not to be underestimated is Albena- the oldest sea resort located at the northern seaside where three new golf courses are under construction. On the ground floor you will find a restaurant and shops, in the basement - parking lots. Our credit specialists offer consulting services to our foreign clients and this service is free. Read further details on how to buy property in Bulgaria . Registration usually takes from 1 to 3 days. Rich in high mountain ranges, Bulgaria has many ski resorts with first-class ski facilities and tracks. See how competitive the prices of Bulgarian properties are by checking our statistics based on realized real estate deals. So, do not hesitate- now is the right time to invest! Specifications: All apartments will be key-ready. Such passport holders need a visa only if their stay in Bulgaria will exceed 30 days, if they need to enter the country a number of times for a longer period of time, or if they need a long-term visa. Taxes, expenses?Bulgaria is a full member of the EU since January 2007 and has been working hard towards the levelling of its standards of living with those of the Union. The applicant's income should be 1.50 times the monthly installments. The application fee is Eur 50 and the management fee is 2%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The building is seven-storey and consists of two sections. The first thing you will have to do is to conclude an order-contract with MIRELA, then we will arrange viewing trips so that you can choose a property that suits your needs. The gasification network in the country is still at an initial phase of development with the central heating system dominating as the basic heating means. The maximum term is 240 months with a loan purpose- acquisition of a real estate.There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. The only thing you have to do is to choose, leave the rest to us � we will arrange all the tedious formalities.How long does buying a property in Bulgaria take?Common practice shows the process of the real estate property purchase in Bulgaria takes about a month. The prepayment fee is 5%.First Investment bank Every able local or foreign citizen is considered an eligible borrower. The prices of consumer goods are comparable to the ones in other EU countries; while services remain cheaper. The prices of real estates in Bulgaria at the moment, a member of the European Union since January 2007, are still quite low compared to other European countries. The rate is unlikely to change before the lev's retirement.Is it better to buy an apartment off plan in Bulgaria?Buying a Bulgarian property off-plan means reserving a property on a new development before its completion and often before construction has started. The same can be safely said about high-quality residential estates in Sofia. There are no limits concerning the maximum loan amount. There are three apartments per floor in every section. There is a possibility the finishing works to be plastered walls and cemented floors. There is a standard interest rate for the rest of the loan period which is 6.5%. They are usually very tolerant and open-minded and genuinely interested in different religions and cultures. This can be done by the parties too, but it is most common for the notary to do it. Traditionally, foreign interest has been concentrated on commercial properties or holiday homes at the seaside, in the top ski resorts and mountain villages with cultural, historical and natural landmarks and developed rural tourism. Using the search engine in our web sites you can easily browse all the properties offered by the agency by type, by location, by price or other criterion. Villas and country houses still use wood and coal, which is a cheaper way to keep a house warm. We, at Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.On arrival you will be greeted by a friendly and highly trained representative. What kind of tax do I owe for my property purchased in Bulgaria?The amount of taxes and fees varies according to the location of the property. When you have made a decision, you will have to pay a deposit to reserve your property until a preliminary and a final contract of purchase is signed. You can buy as many apartments in Bulgaria as you can afford! You can read more on the fees and charges on their website.
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