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Just in case anyone stumbles over this forum searching for information on the complex, I'm still here!

Is that a house on a 1000m² plot or just a plot with a permit? If the latter then €120k might be a bit optimistic these days as property is still sticking unless the price is right. Ebay would be a waste of time for this price level. In any event, try prodavalnik.com or 555.bg - but you need...

Check the local property sales web sites. Property in SB is dirt cheap so you can get a good bargain these days. Apartments are ten-a-penny so don't bank on making much, if anything, from rentals. If it's essential to get a return then you'd be better off renting an apartment in the...

Email sent ;)

"Kyrie Iatre" ;) Without knowing just how big this apartment is, what the layout is and how much you paid for it, this is a "how long is a piece of string?" question. The agent may be absolutely right or may be hoping to trick you into selling it to her at a bargain price; you may have paid...

It's a very simple point: being declared bankrupt in the UK is very much an easy way out these days. However, the Bulgarian's court decision will stand until the debt is discharged - ie if you find yourself with assets in the future then they will already have an avenue to pursue you in the UK...

I'm dubious that an IVA will help you much, to be honest. As I understand it - and correct me if I'm wrong - you have a loan though СИБАНК, ie the Bulgarian one. Any steps you may take to have yourself declared bankrupt in the UK would have no real effect on what the courts in Bulgaria might...

How long is a piece of string? ;) You won't need a company to buy the property, unless it is also agricultural land or you're not an EU citizen. You'd be well advised to discuss the financial and tax side with a good Bulgarian accountant. There are plenty of areas/places to avoid, for all...

Kevin This is indeed a subject close to my heart - and pocket! :D Put simply, my response to Fozzie is just this: what you were "quoted" means nothing if you subsequently signed a contract for a higher figure, even if "your" signature was via a POA. There are too many people who seem to...

Kevin There are a few points there ;) 1 - it's the maintenance company which charges for maintenance, not the developer. It is often, although not always, the case that the developer and the maintenance company are owned by the same person/company but it is usual for a different company...

Yeah, great idea, Kevin! :D So someone signs a contract and then stops/doesn't start paying and the maintenance company does nothing, eh? There are usually penalty clauses in the contracts and many AGMs vote to impose sanctions on defaulting payers - strangely enough, people don't like...

You'll have no shortage of agents offering to sell it for you - usually after you've paid them a wodge of cash up front. You're right that you'll have to take a fair hit in order to sell, although 3 years back the market was well below its peak, so you might do better than 50% of your...

This requirement is hardly news and has been widely publicised for a couple of years now! It looks like a UK law firm touting for business by trying to scare people, I'd say.... ;)

There seems very little on the net about their sales activities, except for this: Prompt? They don't appear in any of the Agency lists on the main BG property sales sites either - I think you can draw your own conclusions from that.... ;)

:D Click on the link in my post.... ;)

Bulgaria Legal Note the UK number in the "Contact Us" section - let them pay for the international bit of the call ;)

Whereabouts? It's often useful to have a lawyer in the same area as the property, although not essential.

That's the situation for a lot of people unfortunately - no shortage of "agents" who'll take an up-front fee then tell you to drop the price so they can either buy it themselves or introduce buyers who they already had lined up anyway. You don't really need a "resale agent" as pretty much...

If the logistics work for you then consider fleabay or Gumtree. You'll need to qualify the "buyers" as you may get plenty of window-shoppers or just plain house-tourists but you won't have to pay agent's fees etc. The down-side is that you'll have to pay someone trustworthy to do the viewing...

:D It's always dangerous following the advice of a man who knows a man who knows a man who knows..... ;) The days of buying a ruin, bunging a bit of paint around and flogging it on to some unsuspecting sucker are - almost - long gone. There are still dreamers who can't resist the lure of...