Welcome to Cornerstone Worldwide Property
Wherever you want to be in the World
00 44 (0)1603 700007
How can we help?
Our range of services are designed to support you all the way when buying Property Abroad. Please call us with your requirements or e mail our offices to find out more about any property that suits your needs.
"After our inspection visit not only did Cornerstone find our dream property but we also found that we had made a new friend! Also I have found that the after sales service to your customers is second to none. You couldn’t have made it all any easier.”
Mr & Mrs Gold (London)
Over 12,000 properties available online
Bulgaria
A bit about Bulgaria
- Good choice of areas from mountainous ski resorts to year round sun
- Good mix of ages with both young and old choosing Bulgaria
- Very keen to be part of Western Europe (due EU membership 2007)
- Good mix of climates
- Current good exchange rates
- Great value property for an emerging market
Property prices:
Prices vary considerably from area to area, however as an example
- New coastal apartments from 20,000 pounds
- Re-sale houses from 10,000 pounds
Please contact us for a selection of properties in your chosen area or click here
Property purchase costs and procedure.
- Allow 10% - 12% of purchase price to cover costs
- Initial reservation deposit of around 10% required
- If buying a new development stage payments may be required
- From offer to completion usually takes around six to eight weeks
- When buying a house a Limited Company must be formed in order to own the land as a non-resident (this will change in 2007 with full EU membership)
Can I take a mortgage?
- Mortgages available from both UK and Bulgarian banks
- Equity release schemes from UK property
- Up to 70% loans available
- Maximum loan term for non residents 15 years
Getting there:
- Wide choice of departure airports
- Wide choice of arrival airports
- Good choice of airlines
- 5 - 7 hour flights
- Competitive market keeping flight prices low on major routes
What about Jobs?
- Work permit required
Can I take my Pet?
- Pets can enter the Bulgaria without quarantine, however will require certain health certificates
Transferring money
- Best rates available through money transfer specialists.
Driving licenses.
EC license must be accompanied by Bulgarian translation otherwise an International Driving Permit is required. Minimum driving age 18
What about schools?
- Private English schools are available
Some Key points
- Always use a lawyer represented in Bulgaria when purchasing property.
- Growing economy with currency tied to EURO
- Attractive return on Investment rates in the real estate sector - on average 18%.
- Machine readable passport regulations
