Bulgaria villas and Bulgaria apartments rentals

Bulgaria is unlike any other travel experience. Whether your trip to Bulgaria is for investment Bulgarian Property purchase, business, Bulgarian Holiday Home or just holidays you will find Bulgarian Living site has lot of information on Bulgaria. If your trip is for holidays in Bulgaria then you may choose to rent an apartment or villa in Bulgaria from Bulgarian Living. All rental properties in Bulgaria are advertised directly by their owners and you contact them directly we have no cut of any kind our service is free, for this reason we can not take any responsibility if information provided is different from facts. Please ensure that you make all checks of your own with owners. At Bulgarian Living we try our best to provide you with accurate information as possible. Hope your Bulgarian experience is a good one, happy travel to Bulgaria.

Mortgage in Bulgaria

There are two options available for people interested in buying a property in Bulgaria.

Option One, is to take out a mortgage on your intended purchase in Bulgaria for this all details and terms are listed below, however please note that mortgage on Bulgarian property is only available on a completed property it is not available on off plan apartments or on a land purchase, if you are thinking of buying an off plan property or some land to build later then like lot of our clients option two below may suit you best.

Option Two, is to release some funds from your property in UK - this can be done as a remortgage or secured loan.
Remortgage on UK property is a cheaper option then secured loan with an added advantage of you knowing the monthly payments without having to worry about currency rate changes.

Should you wish to discuss your mortgage needs further then please contact us we will only be too happy to answer any question you may have.

Summary of Terms for Mortgage in Bulgaria

Loan Purpose
Currency
Interest Rate
Loan to Value
Term
Minimum Amount
Status

Borrowers

Loan Security

Repayment Method
Early Redemption Charges

Arrangement fee
Building Insurance
Life insurance
Fees

All information is correct at time of going to press, all information can be subject to change

YOUR HOME IS AT RISK AND MAY BE REPOSSESED IF YOU DO NOT KEEP UP THE REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

For further information, please do not hesitate to contact Mortgage-Plus
E-Mail: info@Mortgage-Plus.co.uk
Tel: 0870 240 1275 ( within UK )
Tel: +44 870 240 1275 ( from abroad )
Web: http://www.Mortgage-Plus.co.uk
You can also use the online form on this site to contact us.

Purchase of completed residential property in Bulgaria
EURO
7.50%, variable
Up to 70% of the valuation or the purchase price whichever is the lower
5-15 years
EUR 40,000. No maximum
Full status only ( clients will need to prove income and means to support the loan affordability )
All UK and Irish residents will be entitled to the product as long as they are over 21 years old and below the age of 70 at maturity of the loan. Mortgages are also available to companies against the personal guarantee of the company�s UK beneficial owners. Other terms may apply for company loans.
1. First ranking mortgage on financed property in Bulgaria
2. Pledge over company�s assets (for company loans)
3. Personal guarantees of beneficial owners (for company loans)
Capital and interest, in equal monthly instalments
For redemption of the mortgage within 3 years of completion an early redemption fee will be charged. This fee will be 3% in the first year following completion, 2% in the year 2 and 1% in year 3 of the outstanding balance of the loan
1%
Fire, Flood and Earthquake
Not required
The borrower will also be subject to legal fees and costs, as well as administration and valuation fees