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NEST Real Property
NEST Real Property Agency: www.nestrealproperty.com
Real property
The investment in real estate is widespread all over the world, because of capital keeping, its saving and increasing during the time, giving the possibility to make big profit at the right time. At the moment an investment in real estate in Bulgaria is exceptionally profitable and in some country regions and areas it is simply a present! Our specialists will help and support your investment choice among the different projects - residential buildings, business estates, plots and industrial enterprises.
Our Service :
Consultations among the real properties.
Mediation in purchase of real estate.
Management of client's real properties.
Valuation of real properties.
Investment analyses and trends of the properties.
Survey examinations of the properties for presence of authority(mortgagee's, interdicts statements of claim, etc.).
Preparation of the documents for realization of real property's transaction.
Giving the necessary consult and law consult and support from the moment of property's choice to the day of notaries transferring the property's rights.
Lucrative possibility for immobile investments, offers for carry out productions in Bulgaria.
Bulgaria becomes the new hotspot for prospective holiday home buyers who can't afford the inflated prices of Spain, France and Italy. Property investors and those looking for a second home for themselves are following hot on their heels, buying a range of property from new beach and ski developments to dilapidated farmhouses.
The attractions are obvious. The summers are long, hot and dry and the beaches on the Black Sea have glorious white sand. The country is set to become a member of the European Union in 2007, and property prices are expected to more than double. At the moment though, prices are still reasonable for anyone on a limited budget. Legal and running costs also tend to be lower than those in the rest of Europe. The Bulgarian equivalent of the council tax costs about € 35 to € 50 per year. NEST Agency has negotiated a bulk conveyancing deal for customers buying into devel opments that costs just € 250 per purchase, although the government levies a purchase tax of 2-3 per cent of the price. The process, based on the notary system, can be quick, taking an average of two weeks from start to finish, provided ownership of the property is straightforward.
The euro-based mortgage, available through the credit institutes in Bulgaria, which can be recommended by NEST Agency, has a minimum of € 40,000 and a maximum term of 15 years. The current rate is from 7.5 till 12.0 per cent.
Ownership of Real Estate - land
According to the Bulgarian Constitution foreign nationals and foreign legal entities may not directly acquire ownership rights on land. The non-Bulgarians are not permitted to own land in their own name, so those buyers considering purchasing the land to build a villa, for example, must do so through a Bulgarian company with the purchaser as legal owner of that company. It is then possible to achieve stage payments for building. If foreigners inherit land in the country, they are obliged to transfer the ownership of the land to local natural or legal persons within three years after the inheritance becomes effective. The above restrictions, however, do not concern Bulgarian companies with foreign participation, irrespective of the percentage of the foreign participation in the company. Thus foreign persons can acquire full land ownership rights, including ownership rights on agricultural land by setting up or joining a company incorporated under the Bulgarian legislation.
You can't afford a house in Spain? Then try Bulgaria! You are searching real estate in Bulgaria?!
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The Agency's frame are only properties - residential buildings and houses from prestigious areas, plots for residential, business and industry needs.