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Buy land in Bulgaria
Written by Dave Bentley   
Saturday, 19 September 2009 15:06
There is a lot of land up for sale in the country of Bulgaria. Many overseas investors from all the parts of the world are very interested to buy land in Bulgaria. They want to take benefit of the relatively new market at an early stage. As the growth rates of the land prices are high they are looking forward to make significant gains in comparatively less period of time.
by DaveBentley


There is a lot of land up for sale in the country of Bulgaria. Many overseas investors from all the parts of the world are very interested to buy land in Bulgaria. They want to take benefit of the relatively new market at an early stage. As the growth rates of the land prices are high they are looking forward to make significant gains in comparatively less period of time.

How many people and investors have thought about this dream trend 20 years ago? This fast development and great growth prospects have to be totally attributed to great governance of the democratic governments which came after the famous revolution in 1989. The country is being completely modernized and as a result the foreign funds are literally flowing fast.

There are quite a number of theories on why the markets have gained so much in the recent years. This is good sign for the development of the country and most of the people are happy about this trend. The investors have found an alternative to high land prices in other counties. They believe that it is very profitable to buy land in Bulgaria.

Most of the countries do not allow foreign citizens to purchase land in their countries same is the case in Bulgaria. If you are a foreigner then you can't buy land in Bulgaria on your name. But if you register a company in Bulgaria then you could easily buy land on behalf of the firm. This is the best solution possible to overcome the above problem. If you are a native of Bulgaria and have citizenship then you will have no problems to acquire land provided you have enough money.

The entire registration process for the company would be finished just at a cost of 5000 - 7000 EUR. Some annual account documents might be necessary. A good real estate agent and a lawyer can help you out.

Once the registration process is complete the owner of the company would be given a BULLSTAT number which he could use to purchase land on the company name.

You can use the land you bought for any purposes you want to. You can use the land for farming i.e. agriculture; you could use it to build apartments and villas for renting. It is very good to take the advice of a real estate agent to search a good piece of land. If you choose the right person he could prove very worthy for you.

Nothing is permanent. The current booming real estate market may not last long. It is the right time to make a step forward and exploit the present scenario.

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