Together, with all the positive discussions about Bulgaria, there has always been the big question about how to buy property with land in Bulgaria and can foreigners buy houses with gardens or plots of land at all. The answer is: YES, foreigners can make a purchase of a house with land or land in Bulgaria. This is done by registering a Bulgarian limited company.
The process of buying a house with land or a plot of land goes from choosing the best property, signing contracts for purchase with a real estate agency and if the property is a house with garden or a plot of land - signing papers for formation of a Bulgarian limited company. The company formed by a foreign person in Bulgaria is a Bulgarian legal entity, which is allowed to acquire land in Bulgaria by Law. This way the foreigners are able to own a company in Bulgaria and the company owns the land or the house with land of their choice. It is a simple procedure to register a Bulgarian company – a lawyer needs to be appointed to do this and this can be any lawyer as this is a standard procedure and no particular proficiency or experience is needed.