Archive for the ‘Services’ Category
Make your dreamed fireplace in Bulgaria with us
Excel Property presents you different types of fireplaces for your home. We will make a project for you and after your approval we will fit the fireplace in your home. You can choose between many colours and decorations and types of fireplaces. Depending on the type you can heat only the room where the fireplace is or you can heat the whole house. Our team of specialists will consult you what will be best for you.
The most important thing while projecting the fireplace is the style of your home – what are the floorings, the furniture and so on. The functionality will also depend on how you are going to use the fireplace. The price may vary between 1500 and 3000 Euros.
If you have any questions please don’t hesitate to contact us. Send us en email or call us today.
Mobile: 00359878607780, info@excelproperty.biz
Contact us to provide you with lots more ideas and pictures of fireplaces!
Property Management Services
MAIN SERVICES
Management & Maintenance – EUR 300
EXCEL PROPERTY recommends the service Management & Maintenance for all owners of holiday homes and properties in Bulgaria.
We will look after and keep your property in good order at any time:
- Company accounts management
- Payment of Bills and Taxes of any kind related to your property
- Mail collection
- Pictures of the property – we can send you pictures of your property once a month
Management & Maintenance + (Plus) – EUR 450
Additionally to Management & Maintenance package we are able to provide:
- Cleaning and Ventilation of your property – once a month
- Gardening – your house will be visited once a month by a gardener (the standard service is for garden up-to 1000 sq.m. If your garden is bigger you will be quoted individually)
Management & Letting – EUR 500
This service that EXCEL PROPERTY offers is in addition to Property Management service and includes everything that is needed to advertise, maintain and to rent out your property. Our team can also meet your guests at the airport.
Letting – 15%
We charge 15% commission of the gross rental income or pay fixed rental price to the property owner when we rent out your property on short-term bases (1-29days of stay) or 50% of the first monthly rental when we find a long-term tenant.
Accountancy & Tax return – EUR 150
Provided that the company is stand-by i.g. the company does not trade and is used only for the purchase of the property we will arrange the preparation of the company annual accounts by an accountant, and the submitting to the annual tax returns to the tax office.
Important: Properties located outside the towns/resorts where our local office or representatives are, will be charged additional at EUR 0.25 per kilometer for covering the transportation costs.
OTHER SERVICES:
- Insurance – We can recommend and arrange home insurance for you which will guarantee you that your home is covered in case of disaster, etc.
- Security – options for Security System Installations.
- Cleaning & Laundry – Partners form qualified cleaning company are providing professional cleaning and laundry services after ordering in advance
- Repairs & Refurbishing – If required we can help you with plumber, electrician, house-painter, builder etc.
- Furnishing – Our exclusive partner from EUROMEBEL Ltd, one of the leading furniture companies in Bulgaria, will prepare for you an individual project for furnishing your home with traditional or modern furniture.
- Transport – We provide transportation services to our guests from any place in Bulgaria, from the borders of the airports to the resorts, cities, towns, villages where your properties are located.
Free viewing trip for all holiday apartment buyers
Why should I invest in holiday apartment in a moment of crisis? Why now?
There is a very popular interpretation of the Chinese character of “CRISIS” as a combination of two other characters. The first means “DANGER” and the other “OPPORTUNITY”. This is exactly how we can describe the present situation in Bulgaria. Every difficult moment appears to be a crucial point for everybody and a big opportunity for those who have the courage to make investments.
If you are one of these clever people and you have considered a purchase of a property in Bulgaria we can assure you that you have chosen the perfect moment. The prices of holiday apartments are falling down and time for investments has come. It appears that because of the investment rush of the last few years some properties have been overpriced. These are the middle-class properties, whose prices are reduced now. This is good news for a lot of people who have always wanted to have a holiday apartment in Bulgaria and for all the others who are looking for an investment. A lot of developers are trying to attract buyers of seaside apartments before the summer season has started. Similar is the situation with properties in winter resorts. To make the long story short I will have to say that the key words of the holiday property market this spring are promotions, reduced prices, and better payment conditions.
We – the team of Excel Property have always tried to help our customers in any possible ways. It is very important for us to keep you well informed of all new tendencies and to help and support you in any situation. This is why Excel Property is offering an exclusive Spring Promotion for all holiday property buyers. In order to make it easier for you we are inviting you on a Free viewing trip until the end of May. Everyone who comes over to Bulgaria up to 31 May and decides to purchase a property during his viewing trip will receive €250 per person capital return (up to €500). This means that if you are really interested in holiday properties you can not only buy one with reduced price, but will also save money for the viewing trip.
You don’t have to hesitate! Contact one of the brokers of Excel Property, who will help you organize your viewing trip and guide you through the whole purchase process.
In the section bellow you can see some of the cheapest seaside apartments as an example of the article!
Sandy Pines apartments are only 250 meters away from the award winning blue flag beach! It is within easy walking distance of popular bars, restaurants and casinos…There is a new promotional price of the fully furnished apartments is… Prices start from € 25.200… See more
Sunny House village – a charming place with fascinating beautiful sea panorama, easy access to key roads and social services. The village consists of 4 luxury villas on 4 floors with total 64 apartments, offers wide range of facilities and ameneties… Prices start from € 24.336… See more
We can save you money! Get Free Company Registration NOW!
We can save you 600 Euros!
Excel Property announces a Spring PROMOTION – FREE COMPANY REGISTRATION!
According to the Bulgarian law foreign citizens who wish to buy a property with land in Bulgaria should set up a limited company in the country and make the purchase through it.
NOW Excel Property offers you to take an advantage of this promotion and save 600 euros for company formation. All of our clients who start property purchase process during the period 1 March – 31 May 2009 will have a regular limited liability company registered in Bulgaria. We will save you 600 Euros for the company registration. On the name of your company you can purchase more than one property.
And we will even do more – we will be happy to give you a discount for second and further purchases or pay you a commission for introducing us a friend who purchased a property with us.
Here are some houses worth to buy:
Three bedroom house in Elhovo area. The house is located in a nice village not far from Elhovo town. On the first floor of the house there are 3 rooms and a corridor. On the ground floor there is one more room and a corridor.
Price: 5 850 EUR. Read more
Four bedroom house in Topolovgrad area.
The house comprises of kitchen, living-room, bedroom, storage room, bathroom and terrace on the first floor, two bedrooms, one small bedroom and small hall on the second floor. The house has lovely views and vines in the garden. There are also some farm buildings and garage.
Price: 12 900 EUR. Read more
A house with 4 bedrooms in Elhovo area. This two – storey house has 120 sq.m. total bult-up area. On the first floor there are two big rooms and on the second floor are located four rooms and a hall. The garden is 1530 sq.m. big with many fruit trees. There is an additional outbuilding. It is a typical Bulgarian house and with some renovation you can keep its character.
Price: 8 800 EUR. Read more
Frequently Asked Questions about purchasing and staying in Bulgaria
Are there any restrictions for foreigners?
According to the Bulgarian law, foreigners can buy buildings in Bulgaria but not land. Therefore if you want to buy a property with a piece of land you should establish a company. You will be allowed to own the land and the building on the name of your company. We will assist you in the entire process from start to finish.
Will we get ownership documents for the property?
Yes, you will have title deeds in your name, or if you are buying through a company, your company name.
Do we need a visa to travel to Bulgaria and how long can we stay?
EU citizens do not require a visa in order to visit Bulgaria and can stay in Bulgaria for 90 days in any 6 months.
Is it possible to buy without coming to Bulgaria?
Yes, this is possible, but not always so straight forward. You will have to get documents signed and stamped in the UK. It is often easier and quicker to come to Bulgaria for a couple of days and sort everything out here. Plus, you will be able to see the property.
What if we want to have renovations?
No problem! We can provide you a team of professional builders who would do whatever you require.
Can we use our credit and debit cards when we come?
In the bigger towns, you can use your cards, but still only in the larger shops. All the hotels will accept cards, and all the major petrol stations, but in general most other transactions are carried out in cash.
Renovation and repair services
Before and After the renovation
EXCEL PROPERTY is proud that can provide high quality renovation service at reasonable prices from local builders. If required we can help you with plumber, electrician, house-painter, etc.
We are currently serving the areas near Berkovitsa, Sofia and Elhovo towns, Bulgaria.
We will be happy to hear from you how we can help you. We’ll do our best to give you fresh ideas to turn your home into a nice and cosy place. We can make new walls or knock down ones in order to open space, install bathrooms, fireplaces, repair roofs, and so on. Just give us a rough idea and let our imagination continue. We’ll give you accurate, affordable pricing, we’ll take care of every step of the repair works while you are somewhere else.
We guarantee that the work will be done in high quality. No matter how big or small your project is – just an extension or total property renovation – contact us. We’ll not let you down.
How to buy a property in Bulgaria
Buying property in Bulgaria as a foreigner is not as straightforward as it is in some other markets. Non-Bulgarians cannot own land in the country directly; according to the Bulgarian Constitution and Legislation foreign persons currently are prohibited from owning land and can acquire only buildings but not land on which the buildings are built. This means that for almost all purchases a buyer must first set up a limited liability company in whose name the purchase may be made.
This process is actually less complicated than it sounds; companies can be set up and registered at a total cost of € 600 (including registration with the National Tax Registry, the Companies Register, the Social Security Institute and the lawyer’s fee). The preferred form for business is Limited Liability Company /OOD/. In this case the capital is shared by company’s members whose liability is limited to the amount of the capital subscribed. The owner of the company is required to set up a bank account (for a nominal fee) and place a deposit (the minimum foundation capital) of approximately € 2600, refundable once the company becomes a legal entity. The process of incorporating a company takes about a week or two to be completed.
A Ltd Company can own more than one property, so investors who aim multiple purchases will be relieved to learn that the process only needs to be endured once.
During the time of establishing the company a preliminary contract for purchasing a property can be signed if the buyer has already chosen it. Buyers of overseas properties are often advised to hire a local lawyer who speaks the language to make the full check ups of the property. When signing the preliminary contract the deposit payable is usually 10 % of the price but could be less or more depending on the negotiations with the seller. The solicitor will check the title documents, building permissions, debts on title, will make sure that the vendor is the legal owner of the property and has the right to sell and prepare the preliminary contract. The solicitors charge approx. € 300 for that service.
After everything was checked by the lawyer and once satisfied with the result the buyer can finalize the deal by paying the balance of the purchase price, along with a combined land tax and notary fee. In Bulgaria, all property transactions are concluded in the presence of local government officials called Notaries. They use a standardized contract in which they incorporate the details of seller, buyer and the property. They are also responsible for calculating the value of the property for tax purposes and ensuring that the relevant taxes have been paid before title can pass. The sum for taxes is dependant on the declared value of the property. The value can – and often does – differ from the purchase price and can be a lot less than the price given on the contract. So, the taxes vary between 3 and 4% of the evaluation price.
Last but not less important for you to know is that we need your presence here at the beginning. After you sign the documents for the company formation you can also sign a power of attorney to one of us or to a lawyer to do all the necessary actions afterwards in order to purchase the property on your behalf. This way it will not be mandatory to come again in Bulgaria to finalize the deal.
As a summery we can point the steps as follows:
- Visit www.excelproperty.biz and browse. Send an enquiry. An agent will contact you.
- When you are completely satisfied with the information provided and have already chosen few properties book a viewing trip.
- After deciding which property to buy, if the property comes with a piece of land, Excel Property will start the procedure of forming a company for you.
- Pay a deposit to secure your new home.
- Detailed checks on the property.
- Final payment for the property in front of a Notary.
- You or your company is the owner of the property.
From this point on it is your duty to have wonderful time in your new dream home.