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Buy Bulgaia PropertiesBuying Property in Bulgaria is surely a lifetime investment. Main responsibility of Bulgaria Real Estate or property agents is to offer to their customers much better than they have expected. Their needs and expectations are our highest priority. We at Real World International pride ourselves on offering a complete support service to our clients when buying a property be it in Bulgaria, Spain or any of the other countries we operate in. We help our clients from the moment of reservation through to completion and rentals thereafter. We make the buying process simple and stress free. All Bulgaria properties for sale that we sell are ‘Off Plan’ and at the very earliest stage of development. Bulgarian Property Buying ProcessThe first stage of the buying process is the reservation process where the client can reserve a particular property in a given development. At this stage we help the client pick a property based on views, orientation and size. Because the property is off plan we look through the plans and architects drawings to get an idea of which is the best property to go for. Once the right Bulgaria property for Investments has been found it is reserved. Once reserved, there is a 21 day window to exchange contracts with the lawyers and pay the first deposit to the developer. Clients may use their own lawyers however we recommend lawyers that have been checked first and are completely independent from the developer and our own company. The lawyers check contracts and carry out background checks on the developer to ensure that your interests are protected.Once the first instalment has been paid to the developer and contracts have been exchanged the first part of the sales process is completed. We then keep the buyer updated on the progress of the development and give advance warning of when the next instalment is to be paid to the developer. Towards completion, usually a few months before the project is due to be finished we start working closely with local banks and mortgage lenders. A mortgage can only be agreed at this stage as mortgage offers expire after 3 months in any financial market around the world. Once a mortgage is agreed in principle then we contact the developer and put all the necessary steps in place to move towards completion. On completion the mortgage will pay the final payment and the final notary deeds are signed at the local town hall. It is not necessary to be present when these are signed as you can give the lawyers power of attorney to do this on your behalf. Once all the necessary documents have been signed and the final payment has been made, the developer will hand over the keys and ownership of the property. The owner is then ready to move into the new property at leisure. Our support does not stop there however as we work with a number of national and international rental companies who will take over the rental and management process of your property if required.
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