 |
| Q:Can I make use of my created company to do business in Bulgaria? |
|
| A:Of course, in fact you can use your company anywhere and have a lot of benefits. 99% Of companies dont trade at all, the company can be dormant if you wish, formed only as a tool to own property and land. |
| Q:Can I make an offer to end the auction Early? |
|
| A:Yes, but certain stict criteria must be met to make a qualified offer and keep within Ebay rules. We allow offers in the first 48 hours of the auction only, contact us for full details. |
| Q:Is the property freehold? |
|
| A:Yes, all property auctioned by Bulgariadirect is freehold. |
| Q:Is Bulgaria in the EU? |
|
| A:Yes, since January 2007! The next step will be the Euro currency introduction expected to have a positive impact on the property market. |
| Q:Is the end auction price, the total I pay? |
|
| A:You will be required to pay for the end auction price, 5% purchase tax and 300EUR legal costs. Also 500EUR if you require company formation. Check auctions for special offers on bulk purchases or get in touch. |
| Q:Can I view the property before bidding? |
|
| A:Of course, the auction runs for 7 to 10 days so there is plety of time. Book your flights and email us or call if you're already in Bulgaria. We operate 24/7 so can arrange viewings on short notice. After the auction ends viewing is only for the paying winning bidder in accoradance with auction terms. |
| Q:How soon do I have to come to Bulgaria after the end of auction? |
|
| A:You have up to 11 months or more after the end auction date if you contact us to arrange first. Payment is still required within 7 days of auction in any case. |
| Q:What is the Bulgarian currency? |
|
| A:The Bulgarian currency is the Leva which is tied to the Euro as part of the Euro introduction process. Our auctions on UK Ebay are in pounds. |
| Q:Do Bulgarian people speak English? |
|
| A:Most people in Bulgaria under 30 have at least basic knowledge of English so you can get by quite easily. There are plenty of Ex Pat Brits in Bulgaria too and UK TV via satellite. Of course when a bottle of Rakia is on the table, the language barrier is lifted! |
| Q:I thought there was no longer a need to form a company in Bulgaria in order to own property with land |
|
| A:We will keep users updated via our Ebay auctions, currently we are unable to vend property to buyers without setting up a Bulgarian company, hopefully the Bulgarian administration systems will be put into place to enable purchase of property with land without forming a Bulgarian company. Company formation in the meantime is seamless. |
| Q:Do I have to form a new company each time I buy a property? |
|
| A:This is a once only process, you may then buy & sell as many properties as you wish. You can own whole villages if you like, an island or even an entire mountain! |
| Q:How long does it take to complete on a purchase of Bulgarian property? |
|
| A:There's no lengthy terms with Bulgariadirect. Company formation requires you present for one working day. You can fly in and out on the same day if you are pressed for time. We allow winning bidders 11 months to complete after end of auction, so we are ready whenever is good for you. You do not need to visit each time you buy property thereafter. |
| Q:How many airports does Bulgaria have? |
|
| A:Bulgaria has 5 international airports. Sofia, Gorna (Near Veliko Turnovo), Bourgas, Varna and Plovdiv. Sofia is the busiest airpot and currently has the highest availability. You can also fly into Bucharest's two airports, Craiova in Romania or Kavala in Greece. Just choose the best fare to an airport close to where your property is. |
| Q:Can you pick me up from the airport? |
|
| A:Yes, whenever or wherever you land you can be sure we will be there to await you from your flight. Choose any airport in Bulgaria or neighbouring countries, book your flights and email us the details. See you there! |
| Q:Do I have to form a Bulgarian company if I want to own a property in Bulgaria? |
|
| A:Unless you are a Bulgarian citizen then yes you do. The only exception is if you purchase an apartment or commercial premises which come with no land. For the majority of property owners the company is a paper one, a formality, which does not trade in any way. We are proud to offer a fast, fully inclusive and fully legal formation service. |
| Q:Why are house prices so low in Bulgaria? |
|
| A:Everything in Bulgaria is still very cheap for now, although after EU accession (and for a couple of years before) property prices have risen steadily. Remember that the low prices you see now are often three times higher than they were only two years ago, the trend is set to continue, hence why Bulgaria is so popular with property investors. |
| Q:How do you know what you are selling? |
|
| A:We're not just a company auctioning on behalf of other agents in Bulgaria, or flipping properties for quick cash. Bulgariadirect has four offices in Bulgaria and managed by a team of both Brits and Bulgarians. Every property (and all relevant documentation) we auction has been personally inspected by a member of our staff. |
| Q:What happens after the auction? |
|
| A:You can pay by direct International Bank transfer for the property. It is held for you for eleven months automatically, longer by prior arrangement. Once received you can arrange your flights whenever is convenient for you. we'll pick you up at the airport, we'll arrange your hotel for you, we'll take you to the notary to complete the formalities. |
| Q:What should I do if I need more information or would like to ask a question. |
|
| A:Click on Ask seller a question on our listings, email enquiries@velikoproperty.com or call the relevant number on the auction page. |
| Q:Is the furniture included in the auction? |
|
| A:We are auctioning the property and land. You should assume there is no furniture included, if there is something of particular interest then please ask and we will let you know if it may be kept for you. |
| Q:Should I win an auction to come and view your properties? |
|
| A:You may come and view at any time and we will be happy to arrange a viewing trip for you. If you bid on an auction you are commiting to the terms in the auction and agreeing to go ahead with the property auction you have won. There is no need to win an auction just to come and view! |
) 
