Payment plan
EUR_3000 - reservation deposit (14 days)50% - at signing of Preliminary Contract
Option 1: 12 months payment deferral
Option 2: 5 months payment deferral
Option 3: Full payment in a month
Purchase - step by step
Once the foreign client makes his/her choice, he/she implements the following steps:
- reserve the property online or by post and signing a preliminary contract between the buyer and our agency entrusting us with the implementation of the deal
- in case the sale includes land, preparation of documents for registering a company
- a preliminary Contract of Sale is signed between the Seller and the Buyer, determining the parameters and terms of the deal, including all data referring to the property, the Seller and the Buyer, period of realisation of the deal etc.
- preparation of all necessary documentation for certifying the contract at the notary office
- signing of the final Contract of Purchase in front of a Bulgarian notary and obtaining a title deed by the Buyer
All documentation needs to be prepared and presented in less than two weeks. The notary procedure can be implemented either in the presence of the actual buyer or through a person authorised by him/her.
Sign a preliminary contract - When you have decided on the property you want to buy but you cannot pay straight away the price you will sign a preliminary contract with the seller and give him approximately 10 % deposit of the price. The contract will be concluded between your company represented by you and the owner of the property. This is a necessary step so that the seller can prepare all the documents for the sale the plot and the valuation by the tax authorities. In the meantime you will have time to make arrangement to provide the rest of the money. The preliminary contract has to be concluded when you do not have the whole amount in cash to buy the property at the moment of seeing it.
Completion of the deal - The final stage of the purchase is signing a notary act in the presence of a notary public. All the details about the property the type, size, location, borders, property valuation, the purchase price, names of the buyer and seller- will be noted in the act. The notary act recognizes your rights as the new owner of the property. This is an official internationally recognized document.
Tax Evaluations :
The Bulgarian property system uses Notaries and a Notary Act in order to transfer the ownership of buildings and/or land.
Upon completion of the property and prior to signing the Notary Act, the local municipal council conducts a tax evaluation of each property. This valuation represents the minimum value that must be reflected on the Notary Act. It is this value that appears on the Notary Act in property transactions in Bulgaria.
Tax evaluation rates vary by municipality across Bulgaria but in general range from 25-50% of the full market value.
In order to conclude the deal for buying-selling of a real estate according to the Law, tax evaluation of the property should be showed to the Notary. This tax evaluation is given by the tax Administration in the municipal where the property is. The system of tax evaluation works when a person comes to Bulgaria in order to buy a property.
In general, if a purchaser wishes to reflect a value higher than the tax evaluation on the Notary Act, extra costs incurred as a result of this action are paid by the purchaser. These costs can include extra notary fees, municipal taxes and VAT. In particular for new build properties, a higher Notary Act price can increase the purchase price by up to 14% alone.
All property prices on www.piropcity.com are supplied by the seller of that property and are based on the local tax evaluation system for the Notary Act unless otherwise specified.
IT IS IMPORTANT TO NOTE THAT THE TAX EVALUATION IS NEITHER CONDUCTED BY Pirop City Ltd NOR THE DEVELOPMENT COMPANY AND IS SET BY THE LOCAL MUNICIPALITY. Pirop Ltd. ACCEPTS NO LIABILITY FOR THE CONTENT OF THE TAX EVALUATION.
Property management
The yearly charge is Euro 10.50 per sq.ms which covers:- maintenance and general repairs of the common parts of the building
- maintenance of the territory of the complex
- maintenance of the green area of the complex
- common parts daily cleaning
- 24 hours/7 days-year round security service
- using of the swimming pool
- maintenance of the swimming pools
- assistance ins payment of the overhead expenses forthe apartments, such as taxes, electricity, water etc.
At additional payment the following services can be provided to the owners:
- cleaning and ventilation of the apartments all year round
- repairs of the apartments
- rent-a-car
- other services, needed by the owners for their comfortable stay in complex
Bulgarian prices
| Price | |
| Electricity | 0,10 EUR/кW/h |
| Water-supply | 0,50 EUR/m3 |
| Inhabited House/Land Tax | 0,8% of the price specified in the Notary Deed |
| Cleaning | 100 Lv/month |
| Internet LAN | 50 Lv/month |
| Fixed digital telephone (installation) | 180 Lv. - installation 8 Lv. – monthly charge 0,10 EUR/1 pulse |
| Mobile phone | "M-TEL" 12Lv.-45Lv. Subscription charge/month 0,07 EUR-0,7 EUR/min. |
| Petrol | 0,7 EUR/l |
| Diesel | 0,5 EUR/l |
| Gas | 0,3 EUR/l |
| Rental price | N/A |
| Taxi | 0,17 EUR/km |
| SOT alarm system | 250 EUR - installation 50 EUR – monthly charge |
| Lunch for two persons at a restaurant including 2 juices, 2 fresh salads, 2 meat soups, 2 meat dishes with garnish and 2 cups of coffee | 40 Lv. 20 EUR |
| Exemplary expenses for food for two persons per month | 150-200 EUR |
| Bulgarian wine | From 1 EUR to 6 EUR/ Bottle 0,75l |
| Accountant | 100-150 Lv./month |
| Legal adviser | 500-700 Lv./month |
| Secretary | 350-500 Lv./month |
| Office-manager | 400-600 Lv./month |
| Restaurant tip | From 0,5 Lv. to 3 Lv. |
Foodstuff Prices
| Foodstuff | Price |
| Frozen chicken fillet | 4,39 Lv/kg |
| Ham | 4,26 Lv/kg |
| English bacon | 7,39 Lv/kg |
| Pork kebapche, 50g, Traditional Bulgarian dish | 0,22 Lv/piece |
| Spicy sausage | 2,59 Lv/kg |
| Pork fillet | 7,39 Lv/kg |
| White brined cheese | 2,69 Lv/kg |
| Milk /3% butter content/ | 0,99 Lv/l |
| Yoghurt /3.6% butter content/ | 0,39 Lv/450g |
| Cow’s milk yellow cheese | 4.19 Lv/kg |
| Mayonnaise sauce /for salads/ | 1,04 Lv/kg |
| Black Turkish olives | 3, 39 Lv/kg |
| Sliced mushrooms, in sauce | 4, 79 Lv/3 kg |
| Green Greek olives | 2, 19 Lv/kg |
| Bulgarian rice | 0,69 Lv/kg |
| Olive oil | 2,49 Lv/l |
| Cornflakes with chocolate | 2, 79 Lv/kg |
| Powdered milk | 3,79 Lv/400g |
| Chocolate spread Finetti | 11, 39 Lv/5 kg |
| Lyutenitza /pepper puree/ | 1, 04 Lv/600g |
| Tunny fish OCEAN | 9,19 Lv/1705 g |
| Pâté Apetit | 1,09 Lv/220g |
| Mackerel in tomato sauce | 0,69 Lv/160g |
| Jam | 0,79 Lv/380 g |
| Sweet corn /canned/ | 0,64 Lv/300g |
| Pickled gherkins | 0,74 Lv/680g |
| Pine-apple in syrup | 1,29 Lv/567 g |
| Peaches in syrup | 2,79 Lv/1680g |
| Coffee Jacobs Monarch | 1,13 Lv/100g |
| Coffee NESCAFE GOLD | 3, 99 Lv/100 g |
| Biscuits POBEDA | 0,26 Lv/180g |
| Bread | 0,5 Lv/800 g |
| Shark | 6,49 Lv/828 g |
| Oranges | 1,2 Lv/ kg |
| Peaches | 1,5 Lv/kg |
| Grapes | 1 Lv/kg |
| Cherries | 1,5 Lv/kg |
| Watermelon | 0,4 Lv/kg |
| ABSOLUT vodka | 14,99 Lv/1 litre |
| Bulgarian rakiya | 2,89 Lv/0,7 l |
Commodities for Everyday Use
| Commodity | Price |
| Deodorant Stick Fa | 2,44 Lv/50 ml |
| NIVEA cream | 1,59 Lv/75 ml |
| DOVE shower cream | 2,39 Lv/250 ml |
| Toilet soap TEO | 0,92 Lv/75 g |
| ELSEVE shampoo | 3,09 Lv/250 ml |
| PALMOLIVE AROMA THERAPY | 0,46 Lv/100 g |
| FEYA dish detergent | 0,79 Lv/1 litre |
| COLGATE TRIPLE tooth-paste | 1,06 Lv/50 ml |
| ASTERA tooth-paste /Bulgarian/ | 0, 7 Lv/100 ml |
| BONUX washing powder | 0,68 Lv/450 g |
| BELLE COLOR hair dye | 3,69 Lv |
| WASH&GO Hair Shampoo | 1,62 Lv/200 ml |
| PALOMA toilet paper | 3,69 Lv/8 rolls |