Renting Out Property Abroad – Your Questions Answered
Why rent out your new property abroad? Lots of second-home owners decide to rent out their property abroad. In most cases, the rental income helps to cover the costs of buying and maintaining the property and, over a period of time, can start to...
Bulgarian Property Investment
Bulgaria property investment prices are by far lower than most other destinations in Europe but the estimated acceptance of Bulgaria in the European Union provides extremely high growth potential that will certainly boost the prices of the Bulgaria property investment in the near future. It is best to buy now while the buying good. Bulgarian market or property investment is still relatively unexplored and undeveloped, which makes it very attractive and profitable.
It will probably be shocking for you to learn just how many strategic property investment properties are still waiting for their owner to appear and earn a ton of money from the natural beauty that is around. Bulgaria has one of the most liberal foreign investment laws in the region regarding Bulgaria real estate, as well as the foreign investors too. Basically, foreigners can purchase only buildings but not land in Bulgaria. Only Bulgarian citizens and legal persons can actually obtain the ownership of Bulgarian land.
What this means is that the most popular and preferred by non-residential ways that
5 Tips for Increasing Rental Property Cash Flow - Part1
We've all heard about cash flow. The term that is most-used when speaking of rental property profitability. Cash flow is basically the cash that rental properties generate from various sources. The level of cash flow essentially evaluates the...
you can become the real estate owners and they are: As far as houses, villas, flats and limited ownership rights (the right of use) are concerned, you can directly purchase them as a person. However, if you are thinking of buying Bulgaria real estate as well as the land it sits on, you have to set up a company that will be the owner of the property instead of you. Setting up a company in Bulgaria is very easy and all that you really need to do it is a good solicitor or barrister (lawyer) to act on your behalf.
If you are thinking of buying Bulgarian property, you must take some things into consideration first. The usual term for the old owners of the Bulgarian property has to move out of it after the sale is completed within one month. This could be changed if the buyers require a shorter term however the change must be negotiated first. You should not expect the property to be empty right after signing of the final contract.
Also, any foreign buyers who are purchasing Bulgarian property must be aware that in Bulgaria there are such terms as the "tax estimation price" which is for the purposes of
Cheap Property For Sale – How To Make Huge Gains
Buying cheap property for sale and selling it at a profit is the aim of many real estate investors. Follow one rule and you will make huge gains quickly and it can be several hundred percent in profit per annum so here it is. Buy Cheaply but...
property investment taxation and it good to know that it is much lower than the actual selling price. Most of the Bulgarian property owners wish that the "tax estimation price" was actually is written in the title deed, and not the selling price which the buyers are paying because it is just easier and saves many headaches in the end. Because of this you should expect to see differences between the price you are paying and the price that is actually written in the title deed.
Bulgarian agents can not be held responsible for these types of price changes. If the property buyer wishes that the purchasing price is written in the property title deed they must generally notify the agents in advance so that they can negotiate on this with the seller of the property.
About the Author
Damian Qualter - Real Estate & Property Investment Specilaist Learn How To Build a Low Risk Property Portfolio in UK & Overseas. We have Sourced £70m of Property for Our Investors in the Last 2 years. Free Bulgarian Property Investment Guide - Click Here Now Bulgarian Property
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