Here are some frequently asked questions to help you. Should you need to speak to one of our team of advisors please call us now
How shall we start our property search?
Have a look at the properties in our website and when you decide which properties you like, call us or send us an email with any questions you might have about the properties using the 'Contact Us' box located under the photos on every offer. For viewings you need to arrange a trip to Bulgaria or Cyprus and let us know. We will then set the necessary appointments. You can also ask us any other questions that you have - we're here to help!
How do we see the properties that we are interested in?
If you tell us in advance when you will be going to Bulgaria or Cyprus, we can arrange viewings to fit your schedule (even a tight one!) We don't charge a viewing fee, and we can also arrange your accommodation and meet you at the airport.
What do we need to bring with us on our first visit?
You will need your passport and we would suggest you bring some sturdy shoes if you are looking at properties in the country, as some may be less accessible than others.
How do we reserve a property?
You will need to pay a deposit (normally about 10% of the price and a minimum of £1000*1 which is non-refundable. This ensures that the property is removed from the market and not sold to anyone else.
Can we pay by credit card?
You can pay us using your credit or debit card for your property.
Is it possible to buy without going to Bulgaria or Cyprus?
Yes, this is possible, but not always so straight forward. You will have to get documents signed and stamped in the UK. It is often easier and quicker to go abroad and sort everything out here. Plus, you will be able to see the property.
Will we get ownership documents for the property?
Yes, you will have title deeds in your name, or if you are buying through a company, your company name.
What if we want to have renovations carried out on our property?
No problem, we can recommend a complete range of professional tradesmen who will work to the budget that you set them. You just need to tell them your requirements and negotiate the different options with them.
What about our company tax returns?
Every year you have to submit your annual tax return, the same as in the UK. We have accountants that can do this for you. Our After-Sales package will include this service as one of the options available to you.
Do we need a visa?
At the moment EU citizens can stay in Bulgaria or Cyprus for 90 days in any 6 months.
What about the cost of living?
In Bulgaria, compared with UK prices, this is extremely cheap. A loaf of bread should be about 20 pence*2, a pint of lager about 55 pence*3, a packet of cigarettes about 70 pence*4. A litre of petrol is about 60 pence*5. In Cyprus, the costs are roughly double this, but still cheaper than the UK!
Living costs in Bulgaria and Cyprus are a lot cheaper. A few examples: House insurance is around £68-135*6 per year for buildings and contents (depending on the type of house). For a £20,414*7 property, insurance against theft, flood and fire costs about £85*8 per year with a decent insurance company like Allianz. For heating, there are central heating systems in the big cities: monthly costs for a 2-bedroom apartment are around £68*9. In the towns and villages, people use charcoal and wood, which is a cheaper way to heat a house. For electricity, when used for cooking, lighting or heating water, you pay around £20*10 per month. Local and national taxes for owning a property vary greatly depending on the location, but for the capital (and most expensive area) expect to pay around £102*11 for a 2-bedroom apartment.
Can we use our credit and debit cards when we come?
In the bigger towns, you can use your cards, but still only in the larger shops. All the hotels will accept cards, and all the major petrol stations, but in general most other transactions are carried out in cash.
If our property is only going to be occupied for about two months of the year, do we really need to get good security for the rest of the time?
Yes, we recommend you have special alarm system and private property protection which costs £8-17*12 per month. There are some very professional companies providing such a service.
What are the regulations for the import and export of currency by foreigners
Persons crossing the borders in either direction must fill out and present to the customs authorities a 'currency customs declaration' if they import or export more than £5,443*13, and must declare the cash and/or cheques to Customs officials upon arrival. The declaration should be filled out in three copies. Professional advice should be sought for larger sums.
How shall we start our property search?
Have a look at the properties in our website and when you decide which properties you like, call us or send us an email with any questions you might have about the properties using the 'Contact Us' box located under the photos on every offer. For viewings you need to arrange a trip to Bulgaria or Cyprus and let us know. We will then set the necessary appointments. You can also ask us any other questions that you have - we're here to help!
How do we see the properties that we are interested in?
If you tell us in advance when you will be going to Bulgaria or Cyprus, we can arrange viewings to fit your schedule (even a tight one!) We don't charge a viewing fee, and we can also arrange your accommodation and meet you at the airport.
What do we need to bring with us on our first visit?
You will need your passport and we would suggest you bring some sturdy shoes if you are looking at properties in the country, as some may be less accessible than others.
How do we reserve a property?
You will need to pay a deposit (normally about 10% of the price and a minimum of £1000*1 which is non-refundable. This ensures that the property is removed from the market and not sold to anyone else.
Can we pay by credit card?
You can pay us using your credit or debit card for your property.
Is it possible to buy without going to Bulgaria or Cyprus?
Yes, this is possible, but not always so straight forward. You will have to get documents signed and stamped in the UK. It is often easier and quicker to go abroad and sort everything out here. Plus, you will be able to see the property.
Will we get ownership documents for the property?
Yes, you will have title deeds in your name, or if you are buying through a company, your company name.
What if we want to have renovations carried out on our property?
No problem, we can recommend a complete range of professional tradesmen who will work to the budget that you set them. You just need to tell them your requirements and negotiate the different options with them.
What about our company tax returns?
Every year you have to submit your annual tax return, the same as in the UK. We have accountants that can do this for you. Our After-Sales package will include this service as one of the options available to you.
Do we need a visa?
At the moment EU citizens can stay in Bulgaria or Cyprus for 90 days in any 6 months.
What about the cost of living?
In Bulgaria, compared with UK prices, this is extremely cheap. A loaf of bread should be about 20 pence*2, a pint of lager about 55 pence*3, a packet of cigarettes about 70 pence*4. A litre of petrol is about 60 pence*5. In Cyprus, the costs are roughly double this, but still cheaper than the UK!
Living costs in Bulgaria and Cyprus are a lot cheaper. A few examples: House insurance is around £68-135*6 per year for buildings and contents (depending on the type of house). For a £20,414*7 property, insurance against theft, flood and fire costs about £85*8 per year with a decent insurance company like Allianz. For heating, there are central heating systems in the big cities: monthly costs for a 2-bedroom apartment are around £68*9. In the towns and villages, people use charcoal and wood, which is a cheaper way to heat a house. For electricity, when used for cooking, lighting or heating water, you pay around £20*10 per month. Local and national taxes for owning a property vary greatly depending on the location, but for the capital (and most expensive area) expect to pay around £102*11 for a 2-bedroom apartment.
Can we use our credit and debit cards when we come?
In the bigger towns, you can use your cards, but still only in the larger shops. All the hotels will accept cards, and all the major petrol stations, but in general most other transactions are carried out in cash.
If our property is only going to be occupied for about two months of the year, do we really need to get good security for the rest of the time?
Yes, we recommend you have special alarm system and private property protection which costs £8-17*12 per month. There are some very professional companies providing such a service.
What are the regulations for the import and export of currency by foreigners
Persons crossing the borders in either direction must fill out and present to the customs authorities a 'currency customs declaration' if they import or export more than £5,443*13, and must declare the cash and/or cheques to Customs officials upon arrival. The declaration should be filled out in three copies. Professional advice should be sought for larger sums.
*1 - €1476/$1961 *2 - €0.29/$0.38 *3 - €0.80/$1.06 *4 - €1.02/$1.34 *5 - €0.88/$1.15 *6 - €100-200/$131-262 *7 - €30,000/$39,358 *8 - €125/$164 *9 - €100/$131 *10 - €30/$39 *11 - €150/$196 *12 - €13-25/$17-32 *13 - €8,000/$10,498