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Home»Economy»Drawing up a contract for the acquisition of real estate in Bulgaria

Drawing up a contract for the acquisition of real estate in Bulgaria

February 25, 2019

The main aspects in the preparation of a contract of sale

To buy real estate in Bulgaria, you will need, first of all, to draw up and sign a preliminary contract. This is a fairly serious document, which denotes the obligations of the parties before and after the purchase, in the tribute of real estate, and not an intent agreement, as many believe.

If the preliminary agreement did not have a clause on the specific price of the object, then before signing the contract for the purchase itself, the seller can change the cost and you will be forced to pay, otherwise you can lose a deposit, which, incidentally, is also often paid after signing the preliminary agreement.

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