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Bulgaria property portal, buying property in bulgaria, buy bulgarian properties, bulgarian properties - imoti.net Property in Bulgaria Bulgarian Regions About Bulgaria Buying information bg Bulgaria 's biggest property portal - Search for any real estate for sale or for rent ( imoti = real estate in bulgarian) Sales Rents Off plan property Agents Home Agent login Articles Real estate forums Search for sale for rent investment email alert saved list email alert Get ads that match your criteria sent straight to your inbox. Create email alert Agencies Find a Real Estate agent News Real estate news Expo and forums Tourism Region info Sites international properties Buying information Having in mind that in two years Bulgaria will be joining the European Union, the Bulgarian property market presents very good possibilities for potential investments which can be quite profitable in the long-term. There are diverse offers on the market which can meet different requirements and have considerably better value for money than in other European destinations. Most of the people looking for property in Bulgaria usually want to find holiday home but the number of investors who buy property in order to profit in the long term is also increasing. If you start to consider buying a property in Bulgaria you have to take into consideration the following points: 1. First of all, you have to identify a property which corresponds to your requirements. 2. If you want to buy land as well, take into consideration that you’ll have to register a company as the law still doesn’t allow the purchase of land by foreigners. 3. If you do not want to acquire the land, then you directly move to the next step, i.e. negotiate the price of the property. 4. Then you can sign a preliminary contract and the property will be removed from the market. 5. The next step is to carefully check the title deed documents, licences and permissions, debts on the title and terms of contract. 6. From there you proceed to signing of the contract of purchase and confirming in front of a notary public the buying of the property. 7. If you have completed all the previous steps, it means that you are already an owner of property in Bulgaria. 8. Do not forget to insure you property after the purchase. 9. Remember to register your new property with the local authorities within 60 days following completion of the deal. What can be found on the market? The prices for a villa close to the sea are about £30,000 and for the ones in rural areas they can be even around £5,000. In many cases though, you will have to make some refirbishments in order to have the usual standards of living. In all cases, it is advisable to personally visit the property and not to buy it after judging only the photos. You can also consider the purchase of a new development under construction, which is now wide spread practice, especially in the capital, in ski resorts and on the coast. Properties may be purchased 'off plan' either directly from the developer or via brokers. Law on foreigners owning property in Bulgaria According to the Bulgarian Constitution, foreign individuals can buy buildings but not land. Therefore, the most common method for foreigners buying property in Bulgaria where they also wish to own the land is to set up a company which then owns the land and the buildings. The law is expected to change on this within the short to medium term with the expected entry of Bulgaria into the European Union (2007). This historic restriction is one of the reasons why property in Bulgaria is so competitively priced compared to Western and Central Europe. Current amendments to the constitution will allow citizens of countries with which Bulgaria has agreements on land sales to buy land in 2007 when the amendments would come into effect, while EU citizens will have the right to buy land in 2014. In the meantime a company is still required for land ownership. If your purchase includes land a Limited Liability Company (OOD) will need to be formed. Who can form a Limited Liability Company & how? A foreign or Bulgarian person (judicial or physical). The company owners will be liable for the company's obligations to the value of his/hers share in the company's registered capital. Articles of Incorporation are prepared & signed by all shareholders. A company bank account is opened to collect all share capital. The minimum share capital required is 5,000 leva. Shareholders at time of registration must have paid up at least one third of their respective shares. It is required that at least 70% (3,500 leva) of the capital is raised at time of registration. The company exists from the moment it is added to the Commercial Register of the district court of where the company will be based. The entry is made upon issue of a district court decision for the incorporation. The following documents must be available at the time of the submission of the application to the district court: 1. Articles of incorporation; 2. Memorandum for appointment of Directors; 3. Proof that each shareholder has paid at least one third of its interest, but not less than 10 leva; 4. Proof that at least 70 per cent of the registered capital has been paid. The Bulgarian State Gazette is the official paper within which all Bulgarian legislation is published. Publication of the company entry in the Commercial Register does not complete your company formation, it announces to the general public the act of formation. The process of forming your company can take anywhere between a few days to a few weeks. Finally, your new company will need to register immediately with the National Tax Register Authority. The costs involved are: 3,500 leva = 70% share capital. Administrative costs (payable to the state & registration court) are 250 leva (just over £70). This is the minimum capital that you need to raise for registration. Once the entire share capital has been paid up these funds can be accessed and withdrawn. Allow betwen EUR 500 - 700 for charges relating to the formation and registration of your company. Real Estate Tax According to the Bulgarian tax legislation the buyer has to pay notary and municipal fees. The notary fees are paid on the higher of the market price or the book value of the property at varying rates, with the maximum being BGN 3,500. In addition, 2% of the market value of the property is paid to the municipality where the property is situated upon completion of the purchase. Local taxes and rates The owner of a building or land in Bulgaria has to pay a property tax. The tax is equal to 0.15% of the book value of the property. There are no local taxes for arable land. The owners also have to pay waste-collection fees which are determined when the ownership is registered with the municipality, which should be done within 60 days of completion. Value Added Tax Transactions with land and lease of property for residential purposes are exempt from VAT (Value Added Tax), all other real estate transactions are subject to VAT of 20% if the seller is VAT registered. The buyer is entitled to a VAT refund, provided that it is registered for VAT purposes. Real Estate Agencies The Real Estate Agencies have varying charges for their services - from 3% of the purchase price to about 10%! Some agencies can also set up a “minimum” commission which does not depend on purchase price. Some agents may also charge for the viewing of the properties. 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Florida Real Estate featuring
Pensacola Real Estate - Century 21 AmeriSouth Realty - Dan Gullahorn THE Pensacola Realtor Your Century 21 Pensacola Real Estate expert is Dan Gullahorn Pensacola, Florida - Home of the Blue Angels Dan Gullahorn Broker-Owner-Realtor Licensed in Florida & Alabama 3000-C West Nine Mile Road Pensacola, Florida 32534 Office 850-478-6800 Direct 850-723-9193 Fax 850-478-6895 Toll Free 877-897-9023 Navigation Bar Homeowner Alert! Sellers are still needed in the local area. Due to continued demand and low interest rates, Dan can help you sale your residential properties for top dollar . Dan will even guarantee your satisfaction in writing with the Century 21 Seller Service Pledge . Contact him now to find out more! Welcome to your source of information for Pensacola Florida Real Estate featuring Dan Gullahorn and his team at Century 21 AmeriSouth Realty . Thinking selling your home? You can put the power of Century 21 , the worlds most recognized real estate brand to work for you! Would you like to search for Search for Real Estate on the Pensacola MLS (Muliple Listing Service) to see homes for sale in Escambia and Santa Rosa counties? Dan and his staff can help you find what you are looking for. This site has all the information you need concerning Pensacola homes, Panhandle construction, Northwest Florida realty and commercial properties in the local market. Dan's team serves the greater Escambia - Santa Rosa area in Florida & Baldwin-Escambia counties in Alabama. These area include but are not limited to: Pensacola, Cantonment, Gulf Breeze, Pace, Milton, Perdido Key, Gulf Shores, Orange Beach, Seminole, and Lillian which includes the neighborhoods of East Hill, Spanish Trail, Scenic Hills, Marcus Point, Pine Forest, Scenic Heights, Cordova Park, North Hill, Milestone, Innerarity Point, Tiger Point Navy Point and all areas near NAS Pensacola. Dan Gets It Done! Who is Dan you ask? He is a multi-million dollar sales producer who would like the opportunity to work with you on selling your house or finding your next home. Dan and his team always operate within your comfort zone. There are no hassles, never any pressure, and fewer headaches with Dan & his team working as your Realtors. These realtors simply listen to your concerns, work to address those concerns and keep you informed. Century 21 AmeriSouth Realty provides the information and you make the decisions. It is just that simple. Dan's Free Home Value Report Would you like to quickly order a free, no obligation, Home Value Report to find out about recent sales in your neighborhood? In just one click you can find out what Pensacola Real Estate market sale prices are for a particular neighborhood. Follow the links below to find out about the Hassle Free Listing Plan for sellers that can save you money with less headaches when selling your home. The seller services provided by Dan are not limited but include everything you expect from a modern state-of-the-art real estate company. All listed homes are full service listings that appear in the Pensacola MLS, Century21.com and across the internet. Dan and his team already have a group of Buyers looking for homes in the area. Could your property be what they are looking for? Did you know that a Free Comparative Marketing Analysis can give you a clear idea of the market value of your property (home or business)? It is similar to an appraisal and estimates an appraised value without the costs you would expect for such a report. Find out how Dan's exclusive Free Pre-Market Home Assessment will give you the information you need to get your property in condition to sell quickly. Buyers Agents Buyers can get started quickly by going to the Hot Pensacola Florida Properties page or find some of the finest homes in Northwest Florida on the Century 21 AmeriSouth Realty website. Are you thinking of buying a new construction home? Dan and his team work with builders everyday to bring the finest new houses to market. The Select-A-Home feature allows Dan to provide you with the latest Multiple Listings Service listings by E-mail. Be sure to let him know about any listings you are interested in from your search of the Multiple Listing Service on the Pensacola MLS Search page. Dan's team can also keep you up to date on the latest listings in the Pensacola Real Estate market by enrolling you in their Auto Notification program. Mortgage Assistance The Mortgage Information page has the latest rates and links to local lenders. You can also use the Mortgage Calculator to find out what your buying power can do for you. If you have any realty questions that are not addressed here on this site, please ask. Your personal source of local property information is only a mouse click away! Site Map Selling Your House | Testimonials | Pensicola Featured Properties Buying Your House | MLS Search | Value of Your House | Relocation Information | Links | Free CMA | About Dan Mortgage Information | Mortgage Calculator | SelectAHome New Listing Notification | PreMarket Home Evaluation | Links2 Resources Pace RealEstate Directory Pensacola Realty Directory Perdido Key Real Estate AgentPreview - RealEstate Agents and Realtors LookMLS.com - Pensacola MLS and Multiple Listing Service Directory Relocation Professionals Directory Penscola Network.com Cat Clinic of Pensacola Site Built & Maintained by Dan Gullahorn , 2005 All Rights Reserved.
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html>script language="javascript">!--// Need to add a sniffer for IE 5 and set it to use DOM as well.function isIE() {if (navigator.appName == "Microsoft Internet Explorer")return true;else return false;}// this will replace all the make window codefunction iframeCall(){ Iframe=eval('document.getElementById("iframePrompt")'); return Iframe;}function showIframePrompt2(theSrc, theWidth, theHeight){iframeCall().style.visibility="visible"; iframeCall().src = theSrc; iframeCall().style.left=380-(theWidth/2);iframeCall().style.top=document.body.scrollTop+20; if (!isIE()) {theWidth = (theWidth/1)-5;theHeight = (theHeight/1)-5;}iframeCall().style.width = theWidth; iframeCall().style.height = theHeight; }function closeIframePrompt(){iframeCall().style.visibility="hidden";}var IFrameObj; // our IFrame objectfunction showIframePrompt(theSrc, theWidth, theHeight) {if (!iframeCall()) {return true}; IFrameObj=iframeCall(); IFrameObj.style.border='2px ridge';if (!isIE()) {IFrameObj.style.border='ridge gray 4px';} if (IFrameObj.contentDocument) {// For NS6} else if (IFrameObj.contentWindow) {// For IE5.5 and IE6} else if (IFrameObj.document) {// For IE5} else {return true;} showIframePrompt2(theSrc, theWidth, theHeight);}// endfunction changeBrowser(){if(nameCode == 2){document.write("font face='verdana, arial, helveitca' size='2'>a href='javascript:closeWindowOrIframe();'>close window/a>/font>");}else if(nameCode == 3){document.write("input type='button' onClick='javascript:closeWindowOrIframe();' name='closewindow' value='close window' class='sbttn' title='Close Window'>/a>"); }else{document.write("input type='button' onClick='javascript:closeWindowOrIframe();' name='closewindow' value='close window' class='sbttn' title='Close Window'>/a>"); }}function closeWindowOrIframe () {if (parent.iframeCall() && parent.closeIframePrompt() ) {parent.closeIframePrompt();} else {window.close();}}function makeWindow(url, h, w) {var dims = "height=" + h + ",width=" + w;var options = dims + ",toolbar=no,location=no,status=no,menubar=no,scrollbars=yes,resizable=no,
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REALTOR.com: Real estate listings & homes for sale Welcome, Visitor! Sign Up to: Save Searches Save Listings Sign Up Now! Already a member? Sign In Homebuying Tools Find a Lender Find a Mover Market Conditions Neighborhood Tour Real Estate 101 Buyers Sellers For REALTORS® Resource Center News REALTOR.org Search the Web Select a Top Search: Bad Credit Contractors Homeowner's Insurance Debt Consolidation Interior Design Mortgage Rates Loan Types Rates Points 30-yr fixed 5.74% 0.37 15-yr fixed 5.38% 0.28 ARM 3/1, 30Yrs 4.87% 0.26 Updated: 12/29/2005 11:41:54 AM Check Local Rates Search our national directory of mortgage brokers and lenders. Find a Home Over 2.5 million listings for sale! State/Province AB AK AL AR AZ BC CA CO CT DC DE FL GA GU HI IA ID IL IN KS KY LA MA MB MD ME MI MO MN MS MT NC ND NE NH NJ NM NV NY OH OK ON OR PA PR RI SC SD TN TX UT VI VT VA WA WI WV WY - OR - Minimum Price $0 $500 $1,000 $1,400 $2,000 $5,000 $10,000 $20,000 $30,000 $40,000 $45,000 $50,000 $55,000 $60,000 $70,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $850,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 $6,000,000 $8,000,000 $10,000,000 to Maximum Price $1,000 $1,400 $2,000 $5,000 $10,000 $20,000 $30,000 $40,000 $45,000 $50,000 $55,000 $60,000 $70,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $850,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 $6,000,000 $8,000,000 $10,000,000 no maximum Beds 1+ Beds 2+ Beds 3+ Beds 4+ Beds 5+ Beds Baths 1+ Baths 1.5+ Baths 2+ Baths 2.5+ Baths 3+ Baths 3.5+ Baths 4+ Baths More Search Options Map Search Hurricane Relief Find or offer immediately available temporary housing to assist Hurricane victims: HurricaneHousing.net Relief.WelcomeWagon.com -- Find a REALTOR State/Province Alabama Alaska Alberta Arizona Arkansas British Columbia California Colorado Connecticut Delaware District Of Columbia Florida Georgia Guam Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Manitoba Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Ontario Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virgin Islands Virginia Washington West Virginia Wisconsin Wyoming From the National Association of REALTORS ® Join REALTORS® in supporting hurricane victims Why Use a REALTOR® With a GRI? Make the most of every moment with FamilyTime, an interactive DVD celebrating the family. Visit REALTOR® Magazine Online Read current NAR Press Releases For REALTORS ® REALTORS Relief Effort exceeds $5.2 million for Hurricane victims, donate now... Enter the Business Success Zone at REALTOR.org! Find out how REALTOR.com can help you secure more listings, sell homes for more and promote yourself and your brand NEW name for NAR member benefits offeringsthe REALTOR Benefits(sm) Program. Learn about the practical, everyday solutions for your professional and personal life! Reach new levels of success with NAR partner, The Pacific Institute! About the National Association of REALTORS ® Representing Home Owners State & Local Associations Real Estate Specialty Organizations Find an Appraiser Find a Commercial Property International Real Estate Search in popular metros: Atlanta | Austin | Boston | Chicago | Dallas | Denver | Houston | Las Vegas | Long Island | Los Angeles | Memphis | Miami | New York City | Orange County | Palm Beach | Phoenix | Sacramento | San Diego | Seattle Site Map | Corporate News & Info | Contact Us | Advertise With Us | Join our staff Terms of Use and PrivacyPolicy . 1995- NATIONAL ASSOCIATION OF REALTORS and Homestore, Inc. All rights reserved. Equal Housing Opportunity REALTOR.com is the official site of the National Association of REALTORS and is operated by Homestore, Inc. REALTOR -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR holds membership.
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Selling A Home - Selling a Home Made Simple - RBC Royal Bank RBC.com | Search | Site Map | Contact Us | Legal Terms | Français Select Region Canada US International Other RBC Sites: Banking Investments Insurance SIGN IN Online Services Online Banking Online Investing Visa Inquiry RBC ROYAL BANK SELLING A HOME Preparing Your Home Real Estate Agents Selling on Your Own Negotiating the Sale The Closing Financing Planning Your Move Downsizing Your Home MORTGAGE RATES SEARCH Selling a Home Made Simple Preparing Your Home So you've decided to sell your home. Let's take a look at all the things you can do to increase your chances of success. Price it to sell Tips to higher prices Real Estate Agents As the vendor, you may hire a real estate professional to help you sell your home. Understand what services you can expect from your real estate agent. Selling on Your Own You need to carefully examine your capabilities and skills as a potential real estate agent before jumping in. Negotiating the Sale If you accept an offer, what can go wrong? And what measures should you take to protect yourself legally? For extra convenience, fill in a RBC Royal Bank Pre-Approved Mortgage Application online. Talk to a Mortgage Specialist How Much can You Afford? Mortgage Calculator Choosing the Right Mortgage Term Mortgages Insurance Mutual Funds GICs Buying a Home Renovating a Home back to top rbcroyalbank.com is operated by Royal Bank of Canada. Privacy | Legal Terms | Security ©Royal Bank of Canada 1995 - 2005 Last modified: 03/03/2005 13:33:33