Britons living in Bulgaria. Guide to Bulgaria, Sofia and Varna

Property in Bulgaria - Maisonette for sale in Smolyan Region
A special selection of unique for Bulgaria interior design and furnishing ... Over the past 10 years the property British citizens bought abroad increased ...

A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. After it equal monthly installments during the loan term are paid. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. However, if the acquired property is a plot, a local citizen should acquire a property. In case of overdue payments the bank charges a penalty interest rate. In the city center the office stock is 127,000 sq m and in the broad center it is over 168,000 sq m.The office buildings yield has decreased last year varying now from 7.2% to 9% against 9.5% and 11% the previous one. It is built next to one of the biggest fresh-water lakes in the District of Smolyan whose surface mirrors the surrounding mountance and age-old trees. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free. Snezhanka where the ski runs startSpecifications: Dream Lake aparthotel ensures all convenience to unwind and enjoy living in the mountains. The applicant's income should be 1.50 times the monthly installments. The application fee is Eur 50 and the management fee is 2%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The biggest growth in supply is in Sofia suburban areas where currently there are 251,000 sq m against 167,000 a year earlier. The maximum term is 240 months with a loan purpose- acquisition of a real estate.There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.The term for approving the application is usually up to 2 days. The prepayment fee is 5%.First Investment bank Every able local or foreign citizen is considered an eligible borrower. There are no limits concerning the maximum loan amount. There is a standard interest rate for the rest of the loan period which is 6.5%. You can enjoy skiing and snowboarding from the top of the snow-wrapped mountain of Snezhanka in the winter months from December to late March.500 m. You can read more on the fees and charges on their website.