'Are there any limitations for obtaining a property by foreign investors in Bulgaria?'

Are there any limitations for obtaining a property by foreign investors in Bulgaria?

By TopBulgarianRealEstate at 10/11/07 08:49

According to the Bulgarian legislation foreign real persons cannot buy land in Bulgaria. They can own an apartment or a house, but not the land they are built on. This is often inconvenient, but fortunately there is a way to avoid the problem by registering a Bulgarian company.

The companies registered in Bulgaria are legal entities. After becoming an owner and a manager of a Bulgarian company, you have the right to manage the assets of the firm, which includes real estates too. Then you will be able to buy any property – land for cultivation, houses with plots, building plots within regulation, as well as apartments and all kinds of buildings, for more information look here.

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