Bulgarian property has soared in popularity for foreign investors over recent years. From skiing in the stunning Pirin Mountains to relaxing on the long sandy beaches of the Black Sea Coast, Bulgaria offers something for everyone. Bulgaria is an extremely popular choice for property investors, offering excellent value for money and all year round rental potential. In Bulgaria you have year round entertainment to look forward to as Capital Financial Partners help turn your dreams into a reality. 

DOWNLOAD an overseas mortgage flyer  for Bulgaria.

Buying Guide

Buying an overseas property can be a daunting decision whether it is your first time or not, and so it is important that you take the time to research and plan to ensure that it is feasible, and that you are making the right investment choice.

Mortgage Guide

Bulgarian Mortgages at a glance:

Maximum Loan:	75%
Maximum Term:	25 years
Maximum Interest Only Term:	10 years
Maximum Age on Completion:	70 years
Best Rates:	4.5% variable
Mortgage Process Length:	12 weeks minimum

CFP Mortgages in Bulgaria:
We have a number of popular mortgages in Bulgaria.  Our Product manager and Bulgarian Financial Advisors are constantly in contact with various lenders to secure new deals and get new and better rates for our customers.

When obtaining a mortgage in Bulgaria, the banks require a fiscal representative for all contact within Bulgaria. CFP can offer you this service and will receive all your correspondence from the bank. We will then contact you and inform you on any updates etc.

Qualification:
Qualification for a mortgage can vary depending on the bank providing your mortgage. Generally it is based on your ability to repay your mortgage from your income at home. It must take into account your monthly mortgage repayment and debts at home.
The mortgage market in Bulgaria is extremely competitive with many options and much flexibility for clients, with something to suit everyone.

Speak with our Bulgarian Financial Advisors to find out what mortgage you can qualify for.

Mortgage Costs:
All mortgages have associated costs, for Bulgaria these costs are:
Opening Fee: €50
Application Fee: €125
Valuation Fee: €125
Notary: 1%
Stamp Duty: 2%

Documentation:
When applying for a mortgage it is important that you have specific documentation to support your application and prove that you are elegible for a mortgage. This list of required documentation  is necessary, but may vary depending on the lender and the type of mortgage you are applying for. 

Agency of Service:
When obtaining a non-resident mortgage in Bulgaria, it is required by law for the banks to have a correspondence address of a legal entity within the country.
Capital Financial Partners satisfies the requirements of the banks for this purpose and will act as Agent of Service on your behalf.
If any issues arise regarding your mortgage, whether it be late payment, default on your payment, legal action, etc, the bank will notify CFP in writing by post.
CFP are then legally obliged to forward this communication to you by email and fax/post. CFP will of course first phone you to inform you that such a communication is being sent.
This local representation is required for the full term of your mortgage, starting when you draw down the loan.
CFP will also send you a reminder every month regarding your mortgage payment, 1 week before its due date.
The Agency of Service fee of €150 is payable annually on the 15th February.


Note: All facts and figures may vary depending on individual circumstances.