Mortgage for a self-employed buyer in Bulgaria: income, evidence and preparation

A self-employed person can apply for a Bulgarian housing or mortgage loan. There is no statutory formula, however, that requires every bank to recognise the same share of turnover, profit or dividends. The lender assesses creditworthiness and may request evidence of the source an...

Buying property in Bulgaria by power of attorney: requirements and checks

A Bulgarian property can be purchased through an attorney-in-fact, but the authority must match the particular transaction and its required form. A general sentence allowing someone to act “before all institutions” is not enough planning for a notarial purchase. The property, pri...

A student apartment in Sofia: when buying in the centre makes more sense than renting

This article looks at when buying anapartment in central Sofia is the more sensible decision, how it is financed and what happens to the property after the student years. In brief Buying a student apartment in Sofia can be financially justified with a horizon of at least 5-7 ye...

An off-plan apartment before Act 16: what you own and how it is transferred

The text below is an informational overview of the practice, not legal advice: the specific transaction is always structured with a property lawyer, on the basis of the specific documents. In brief Before Act 16, the buyer of an off-plan apartment holds either a right to build...

Furnishing and Moving Into a New Apartment in Central Sofia: From Keys to a Finished Home

Furnishing a new apartment in central Sofia turns bare but high-quality walls into a real home, and this is where good preparation makes the difference between a smooth move and months of chaos. New construction gives you an excellent base, but furniture, lighting, the kitchen an...

Restitution, Encumbrances and Mortgages: Legal Risks When Buying Property in Central Sofia in 2026

A property encumbrance check when buying in Sofia is not a formality here. It is protection against expensive surprises: old mortgages, registered attachments and restitution claims that may emerge years after a transaction. The older the building and the more complicated the own...