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Bulgaria: Legal Advice
Overview
Many people who buy homes in Bulgaria don’t obtain legal advice, and most of those who experience problems have taken no precautions at all. Of those who do take legal advice, many do so only after having paid a deposit and signed a contract or, more commonly, after they’ve run into problems.
You should never pay any money or sign anything without first taking legal advice in a language you understand from an experienced lawyer. You will find the small cost (in comparison with the price of a home) of obtaining independent legal advice is excellent value, if only for the peace of mind it affords. Trying to cut corners to save a few euros on legal costs is foolhardy in the extreme when such a large sum of money is at stake.
You may be able to obtain a list of lawyers who speak your language and are experienced in handling Bulgarian property sales, either in Bulgaria or in your home country. For example, British buyers can obtain a list from the Law Society in the UK. An internet search will reveal a list of lawyers. Specialist lawyers advertise in overseas property magazines.
There are professionals who speak English and other languages in Sofia and a growing number in the popular coastal areas, as well as a small number of expatriate professionals. But it’s wise to check the credentials of all professionals you employ, whether Bulgarian or foreign.
It’s never wise to rely solely on advice offered by those with a financial interest in selling you a property, such as a builder or estate agent, although their advice may be excellent and totally unbiased.
© Survival Books Limited 2006
“Buying a Home in Bulgaria” 1st Edition, Dougal Robertson.
Reproduced with the permission of Survival Books Limited.
Further information on this topic can be found in “Buying a Home in Bulgaria” 1st Edition, Dougal Robertson.
For extensive information about buying a property in Bulgaria, you can purchase this book at www.survivalbooks.net
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