Quote:
Originally Posted by Jain and Chris
Hello Flyerman
Thanks for your post. I do find it strange that for a first post you are asking people to pm you for information; also not least because you seem unwilling to share your information on open forum. Why not?
Going straight to final deeds also has it's risks.
Mind you I agree about unregulated land - it can take absolutely ages to get regulation and of course is not guaranteed.
Where have you bought and what?
Topcat, there are many many great places to buy in Bulgaria apart from south or north of Sofia. If you are looking for quite remote villages, well they are ten a penny here and many of them are totally beautiful.
You may have paid over the odds, who knows... but don't worry and give it a bit of time and you'll find it has been a good investment.
My recommendations when looking for a village property would be :
1. Location, location, location - easy access to airports if you need this and good roads plus facilities within walking distance or at least nearby (food shops, doctors, chemist, bars, restos)
2. Position - what kind of village is it? Does it have any facilities? What are the surrounding properties like? (Tip : take a look at museum towns - although called towns, they really are no more than villages - such as Jeravna, Kotel, Arbanassi - they are not making any more of these kind of authentic houses these days)
3. Get an independent lawyer
If there is anything else you'd like to ask, just let me know.
All the best, Jain
Enjoy the opportunity and the property - Bulgaria is a marvellous place and still a real good investment.
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Hi Jain,
The reason I put pm was that i do not like to talk about areas i dont know that well and get flamed for misinforming. as i said just thoughts on general regions as I said and you agreed be close to communications can be a good idea (especially an all year round airport). My process of getting final regulation is not over yet and a mysterious neighbour objection as popped out last minute (literally). Until i know who has objected and whether it was at the proper time and manner and its all resolved then I hope you can agree its sensible to refrain on identifying exact place of land.
Agreed there are risks on going straight to completion for rural land and houses but if anyone else on the forum has had last minute messing around by sellers then their views would be welcome. Its just that we know locals usually can get better deals than foreigners, so use a local, if the seller is a local Bulgarian, for these type of investments is my best advice.