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It may not be in the eurozone but the BGN is pegged to the euro, so exchange rates won't alter. Most expat Brits (and others) are selling in Bulgaria now taking advantage of the British Pound to euro rates and are thus making money or at least breaking even. Good on them! :) As my father...

Apologies accepted Stephan. I didn't mean to go off the deep end but you would be surprised how often this happens and I get pretty fed up with it, that's all. Best wishes

Afternoon ssanner I object to you stealing Quest Bulgaria property and lifestyle magazine articles when you don't even quote source! You'll find the original article, entitled Bulgarian property in top ten 2009, at Quest Bulgaria Property and Lifestyle Magazine - Bulgarian property in...

Yes, that could well be true. Notaires are not solicitors or lawyers as we know then elsewhere. They are government functionaries and only interested in witnessing signatures and collecting taxes on the state's behalf. Don't rely on developers, agents or notarial advice, they will not provide...

Your accountant should have advised you based on your personal circumstances and also this change in Bulgarian legislation is not so new at all now. Perhaps you are fiscally resident in Bulgaria and own a property in your own individual name? In this case, the notarial advice would be...

I love the "museum towns" of Bulgaria - but then I would, as I live in one :) They have the majority of the real original traditional houses and are very pretty places, with all facilities. Also, they are protected areas, so you know that untoward building will not be allowed in order to keep...

Agreed, get a lawyer. It is extremely odd that the developer would want to put a higher value on the deeds than being paid. As said, it is usually the other way around. Nonetheless, only ever put on your deeds the real price you are paying. I know this is slightly off topic but just to clarify...

BPAG said "THERE ARE NO MORTGAGES IN BULGARIA AT PRESENT. Even Bulgarians can't get them." This is not true. There are mortgages available in Bulgaria at present, particularly for Bulgarians. Although foreigners will find it very hard. All banks have tightened lending, not just in Bulgaria but...

Hello Attorney Ivanov. It is not a problem. You are a new visitor here, so it is not obvious what all the rules are. The best thing though is not to post the same thing in every thread, once is usually enough. If you keep posting the same message it looks like spam, which I am sure was not your...

Dear Attorney Ivanov I am a moderator for the Bulgaria section of PropertyCommunity. Whilst I appreciate that your intentions are likely to be to assist these people on this forum, it is coming across that your only intent is to drum up business for yourself. Please stop spamming this...

Hi John Many thanks for that. We have now completed part two of this article written by Asja Mandjukova who is a partner with GPNG Law Firm in Sofia who discusses : - new explicit rules for how the protocol for the meeting of the General Assembly is to be prepared - the re-introduction of the...

Hi James I received your email just now and have replied. However, though I'd reply on here too for you. To start a new thread: When you log in and are at the front page of the Bulgaria property section, just below the two "sticky" posts at the top, you will see a button on the left hand side...

Sounds more like a witch hunt... ex employee, 'who's up for it' attitude...

Yes, it's very much to do with individual financial circumstances. There are many who are selling to prop up their finances back home. Those who don't need to are holding. Prices in Golden Sands and Varna are holding up quite well. Sunny Beach seems to have been worse affected, particularly...

Hello Thor Welcome to the web site, it is good to see you on here! I have no personal knowledge of the development you are talking about, so I'm afraid I cannot really comment on that specific potential purchase. However, having lived in Sofia for over four years, I can say that there have...

Hello all Just to remind everyone that on 1 May 2009, new legislation regarding apartment ownership/management comes into force in Bulgaria. There are some big changes in the current legislation and we've covered the main points of the differences, the pros and cons in the first part of a...

Why is the agent asking you to under-declare? Did you under-declare when you bought? Also, I forgot to mention in my last post that notary fees are just about due to go up. All the best,

Dancho, if you don't stop promoting yourself, I shall delete your posts. In answer to the OP - Dashy, yes, 3% is quite normal in Bulgaria. We would never recommend under-declaring on the deeds because of potential problems afterwards. Notary fees are on a sliding scale, which are: Sale or...

Bonsoir Pourquoi vous parlez en francais? Ce site est un site en anglais. Si vous avez une question que vous voulez poser en francais, veuillez m'envoyer un pm. Merci. Saltuations Why are you speaking in French? This is an English language site. If you have a question which you wish to pose in...

What was in the original contract - was the actual purchase to be made (signature of final deeds) on issuance of Act 16? Why is Act 16 being refused?