Golden Sands Apartments for sale

In general your lawyer will check the existing notary act of the current owner or seller. He or she will check the history of the Bulgarian property that you are buying and also if there are any encumbrances on it - mortgages, court claims, court injunctions and so on. Since all notary acts are registered with the Registry Agency, it is possible to trace the history of the property and all previous transactions.

You may be considering adding your children as co-owners of your property in Bulgaria at the time of purchase, to save inheritance tax when you die. On your death you would only own, say, one-fifth of the property rather than one half, and only that part will be taxable. This only works sensibly if they are over 18. Of course there are drawbacks.