USING YOUR OWN SOLICITOR

The choice of whether or not to employ a specialist UK solicitor familiar with overseas property purchases is down to individual choice and to the type of property being purchased. If you purchase an existing Bulgarian property it is probably a necessity due to the possibility of multiple title to the land and/or property. Your local solicitor is unlikely to be familiar with overseas property purchases and in particular properties in Bulgaria.

We chose not to incur the additional expense of employing a solicitor during the initial purchasing process as we were working on the assumption that in a large apartment complex with perhaps a hundred or more apartments, the contract would have to be fairly watertight to satisfy all the solicitors of the people who did decide to use them. So, a case of safety in numbers really. Only time will tell if this was the correct approach.

We did however employ a Bulgarian solicitor during the completion of our apartments in the Pamporovo apartment complex. This was due to the fact that we required the full valuation to be stated stated on the Title Deeds and wanted to ensure that this was specified at the Notary signing.

For further details, please refer to Formal Completion at the Notary.

We did use a UK based solicitor specialising in Bulgarian property to draw up a Power of Attorney document for a joint owner.

Grace & Co, based in Warrington, Cheshire, UK Tel: 01925 242488

We have recently been contacted by two Bulgarian solicitors based in Plovdiv who may be able to help purchasers or sellers in the ski areas. For further details please click on the links below:

Note, we do not have any connection with any of these firms of solicitors.

Page last updated: 27th August 2007