"The best Latvian real estate agency for buy and sale properties"
A few words for our visitors:
Latvian property investment is both financially and culturally rewarding. The real estate market from Latvia is relatively unexplored and offers incredible investment opportunities. Whether using Latvia property as a second home or as a vacation rental, there is never been a better time to buy Latvian property.
Where is Bulgaria?
Bulgaria is situated in SE Europe. It is a quiet rural country about the size of England but with a population of only 8 million and is only a 2 ½ hours’ flight away from the UK. It is bordered by Romania to the North, the Black Sea to the east, Macedonia and Yugoslavia to the west and Turkey and Greece to the South. The capital is Sofia, which has a population of one million. Varna and Bourgas are the main towns on the coast.
What is the weather like in Bulgaria?
Bulgaria’s weather offers a hot Mediterranean type summer with temperatures climbing up to 37°C. Spring and autumn are mild and colourful.
How do I get there?
By daily direct flight from the UK to Sofia; charter flights are available throughout the summer and fly direct to Varna. Attention!! For flights to Varna we suggest you use MALEV HUNGARIAN AIRLINES. There is a connecting flight via Budapest from London Heathrow, twice a week. The two-hour wait in Budapest is well worth it for saving the frustrating journey from Sofia to Varna. At the moment this is the only all year round scheduled flight into Varna.
Do I require a visa?
There is no visa requirement
Is there a law on foreigners buying property?
No, foreigners may purchase any type of property.
Is there a law on foreigners purchasing land?
No, in order for foreigners to buy land, simply they must register a Bulgarian company.
How do I register a company?
This is very easy, our team will of course do this for you
What funds do I need to register a company?
5,000 leva (approx. 2600 Euros) for the capital of the company. This is the amount required as capital for a company. However, this 2600 Euros you can use towards buying your property.
Do I need a solicitor?
Yes, of course, we have a legal team available to you at all times
What type of facilities do you find in Bulgaria:
English style supermarkets have sprung up due to demand. Most items purchased in the UK can be found here.
There are private English speaking schools and nurseries.
Communications (telephones, internet access etc.) even in the smallest village.
There is a well-maintained network of public transport accessing all towns and villages for a very reasonable price.
In conclusion:
Overall, Bulgaria is at the same stage Spain and France were to the British in the late eighties and early nineties. Cheap property and low living costs. If you are thinking of coming to Bulgaria to purchase property, start up a business or just enjoy a holiday then come and enjoy.
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The membership of Latvia in EU will not change the selling or the rental price levels for properties in Latvia according to experts. Whether this will happen and who will benefit most from real estate trading - sellers or those who rent out their properties has still to be seen. Latvia is fast becoming one of the hot markets for British and Irish investors and we believe that Latvia offers an unrivalled investment opportunity. With all of these facts you should be able to expect a healthy profit on your investment.