*How long does it take to open an account in a Bulgarian bank? - Depends on the bank 1-3 days.

**Do you need confirmation of the source of these funds for the bank? - confirmation is necessary at customs to indicate the amount imported, and they must give an extract. But not all banks need it.

***How long do clients need to arrive – to go to the viewing to arrange a deal or Agreement and a deposit there. - if the turn–key design of the secondary – all to arrange - 7 - 10 days. Viewing 1-2-3 days. If the purchase is in installments, then 1 day. If the whole amount at once, then about a week and a half at least.

****Rent a house during the viewing – exactly in the place where the viewing will be? – Yes, preferably in that location to organize viewings without additional payment for transportation. Or count on additional costs when visiting several cities.

***** Approximate cost of utility payments – Electricity:1 kv - 0.1 leva, Night rate – 0.05 leva, for water: 3 leva – cubic meter. Tax support - from 5€ to 17€ per sq.m per year.

****** The approximate cost of registration on a turnkey basis – with a real estate value of 350,000 euros, the purchase is 1000-1200 euros, if it is more expensive than 35,000 euros, the cost is 1600 euros, the penthouse is up to 2000 euros.

******* What are the supporting documents for the export of cash at customs? – The basis can be: a contract for the sale of any real estate, the sale of a car, inheritance, a certificate of payment of wages, a profit declaration, etc. If we export more than 10,000 euros / dollars per person, then the entire amount is declared.

***** Act 16 ? - It is also known as an "Operating Permit" and is a permit to use the house. This operation permit is the final act of any construction and indicates that the object is suitable for operation, i.e. it is possible to live in it.

******* Is it possible to move into the apartment on the first day of the transaction (while) the transaction and papers are being processed?)? – This is discussed individually. If these objects are ready from the developer, it is possible on the day of the transaction.

******** Is it possible to purchase by proxy from an individual? Her demands? Notarized? Do I need to translate and certify the translation? - a power of attorney is possible for the purchase. Notarized power of attorney translation into Russian or Bulgarian is better than the language apostille.

*********** Installment purchase: how many stages is possible? - interest-free installments for 1-3 years (depends on the developer's offer). The first payment is 30%. You can pay monthly, you can close it in two or three payments. Everything is individual.

************** We can rent out real estate in installments – until we completely buy out the apartment? - You can take it immediately after paying 30%. Independently or by involving companies or individuals to do this. The tariffs of the management company are various management for 20-30% or cheaper than individuals who are left with keys, and they do it all.

The information is current as of 01.09.2022.