Buying property in Bulgaria 鈥� deposit procedure

Buying property in Bulgaria – deposit procedure

sfriggieri75 · 2025-08-25T10:54:52+02:00

Discuss the deposit procedure for buying property in Sofia, Bulgaria. Get advice on preliminary agreements and deposit handling for foreign buyers.

sfriggieri75 Member

Member since 23 February 2024

sfriggieri75MemberYesterday 08:54:52

Hi everyone, I鈥檇 really appreciate your advice.

We鈥檝e found a property we like in Bulgaria. Since we鈥檙e currently abroad, my boyfriend鈥檚 brother viewed it on our behalf. We agreed on a price with the owner, and to secure the property we suggested sending a deposit (1,000 BGN).

Today, my boyfriend spoke with a notary who advised that we should sign a preliminary agreement and asked for an amount (400lev). Is this the correct procedure? Also, we鈥檙e unsure who is supposed to hold the deposit until the final deed is signed (which we plan to do in about a week and a half). The notary said the owner usually keeps it and it is then deducted from the final purchase price.

For context: my boyfriend is Bulgarian, but we just want to make sure everything is done properly. Has anyone gone through a similar process?

Thanks so much for your input!

janemulberry ViP

Member since 23 January 2021

janemulberryViPYesterday 11:27:30

1792

We bought our place using a different method, but from what I've read more experienced Bg property buyers here say, what the notary advises sounds right.

You need @gwynj or @JimJ or @cyberescue1 to comment as they've all had a lot more property buying experience.