Mortgage conditions: the main nuances of the process
The legal side of resolving the payment of a mortgage of real estate, which was resold, is different in Bulgaria and the CIS countries. The owner of the housing is responsible for a mortgage in Bulgaria, and not the one who took a mortgage.
If you buy apartments with a mortgage, then they remain in the ownership of the bank, and you must pay the mortgage as the new owner of the apartment. This should be paid attention to before buying an apartment in Bulgaria, especially in new buildings. The acquisition of your such desired house or an apartment by the sea in Bulgaria should be entrusted to reliable professionals, with full legal support of the purchase of housing and extensive experience. This is beneficial not only for the sake of convenience, but also to protect yourself from fraud in this matter.