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Do I need a company to buy a property in Bulgaria?

We are receiving a lots of request daily and many of them are namely – “Do I need to form a company to buy a private house with land?”

This force me to give you a short description about the topic.

And so in the nearest past foreigners needed to establish Bulgarian company in order [...]

Ownership Refusal in Bulgaria

The refusal of ownership is an explicit statement of the owner of this right, which he clearly expressed his desire to terminate possession, use and disposition of certain personal property.

The ownership refusal of property is explicit and formal act, dressed in writing with a notarized signature, subject to registration in the Bulgarian Property Registry. [...]