Up until recently it has been, at best, difficult to borrow money in Bulgaria, however the mortgage market is now establishing itself and a number of products are available from a variety of providers.
UK Sourced Finance
Investors that prefer to borrow from the UK; see MyNotary for a list of firms offering mortgages on overseas properties.
If you decide to raise equity by remortgaging currently owned property, we recommend specialist property solicitors Preuveneers LLP to assist with the legal work.
Bulgarian Sourced Finance
Operating under our UK Consumer Credit License, we work closely with Piraeus Bank. Download our Overseas Mortgage Questionnaire here for completion and return to us by email.
See also http://www.notarybulgaria.co.uk/pages/fees.htm .
Apartments in Sofia
We work closely with a Bulgarian based mortgage provider company that will lend investors up to 70% of the purchase price. Acquisition costs may be added to the load. To apply Contact us
Strategic Land
If buying the land in Varna, the sellers are so certain that the land will appreciate in value; they will not only arrange the mortgage but arrange it so that investors need not repay any interest until the land is sold, subject to status. Contact us For more information.
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