Home Investment The legal basis for the acquisition of real estate in Bulgaria

The legal basis for the acquisition of real estate in Bulgaria

by hotjapanse

Nowadays, the acquisition of real estate in Bulgaria is especially relevant. Consider which real estate from a legal point of view can be acquired in this country and how justified it. The Zacacacon building provides for the possibility of buying buildings of ka by legal and individuals, as well as citizens of Bulgaria. At the same time, the land on which the building is worn, as well as the adjacent plot, cannot be purchased by a citizen of another country. A contract can help to get out of this situation for land rental for an acceptable fee. It should be noted that the cost of the site is always included in the price of the building and, as a rule, ranges from 1% to 110% of the total cost. This design option is preferable if the house is purchased for holidays or rest on holidays. If the buyer plans to permanent residence in the house. In this case, it is advisable to buy an object as a legal entity. In this case, two notarial acts are drawn up. One of which is on the ground, and the second is on the building. Buying a building and land by a legal entity does not imply any difficulties from a legal point of view. The apartment of an apartment in Bulgaria can be bought by foreign individuals and legal entities, as well as citizens of Bulgaria. In the process of execution of the transaction, documents are prepared, including for part of the land plot or, ideally, on the entire plot on which the house is built. As a rule, part of the Earth corresponds to the postal address of the purchased apartment. Most often, this piece of land is no more than 5 kV. meters and is a very conditional concept. The law also provides for registration at the address of the apartment, company or the use of the apartment for the office. This provision is valid, including for foreign citizens. It is worth noting that citizens of other states becoming the owners of apartments have the same rights as citizens of Bulgaria. Land and wooded citizens cannot buy land, including plots for development, as well as forest lands and agricultural land. At the same time, you can rent any sections. The minimum lease period provided for by Bulgarian legislation is 4 years, the maximum, today, has not been established. Land and forest lands can buy legal entities in the property of which there are at least 1% of the total Bulgarian capital.

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