First European International Limited Real Estate Business Consulting The P roc ess O f Buyin g Pr op ertie s In Bu lg ari a
Stage I – “Reservation Agreement” Complete identification of the parties Identification of the property Purchase price and payment conditions (Reservation) deposit amount Date for execution of Preliminary Agreement
Stage II – Preliminary S&P Agreement Complete identification of the parties Complete identification of the property Purchase price and payment conditions Date for execution of the Title Deed Liability for payment of expenses and other charges Penalties applicable in case of breach
Stage III – Public Deed of Sale & Purchase Executed before a Bulgarian Notary Public Buyers must be present or duly represented All relevant licenses/certificates listed and
attached
Drawn up in Bulgarian language Mandatory registration with the Tax Authorities
and Bulstat
Real Estate Law Services: Legal documents check and review Drafting legal opinions on the deal, the contracts
and the counter party
Land status survey of the real estate Drafting of Building contracts Help in Obtaining building permission Assistance in Change of land statute
Real Estate Law Services: Drafting of Preliminary Contracts Drafting of Management & Maintenance
Contracts Rental Contracts and Final Contracts on purchase and sale of real estate Mediation before credit institutions Assistance on obtaining compensation in case of non-fulfilment on preliminary or final contracts Assistance and legal representation in front of Notary Public
Other Related Services Properties on request Investment assistance Market research Drafting opinions on the investment opportunities in
the sector.
Contact Details Head O ffic e 78 lyben karevelov Street Burgas 8000 Bulgaria Mobile: +359 888 567 405 E-mail: info@1 ste il.c om
We b P age : ww w.1ste urop eanin te rnational. com