Bulgaria Property and Leisure Investments
Our Charges


Land Viewing Package

Travel Arrangements

 

Client normally arranges own air transportation. We can assist through our affiliate travel agency, if required.

Accommodation

For up to 4 people in shared apartment, Airport Transfers, + 6 hrs use of Driver/Guide and Vehicle (unlimited mileage within 50Km of Sofia)

Total ˆ175

This is a single night package with a set price for up to 4 persons and Includes Dinner with wine for 1st person

Each additional person add                          

ˆ20 for Dinner

Additional Days Viewing

Per 6 Hours to include Driver / Guide and Mileage

Total ˆ100

Additional Nights Accommodation

Accommodation up to 4 persons


ˆ45/Night

Additional Activities

We are able to quote for longer trips and can arrange transport, guide and accomodation.

Company Formation

EOOD (single person company)

  Total ˆ525

OOD Multi person company (2 or more shareholders)  

 Total ˆ575

Land Purchase Management Package

Representing Client Power of Attorney (POA) throughout the buying and (when required) the regulation process. All connected legal services, All Administration, dealing with the Municipality and agents, Management of Documentation. Regular Client updates. Accompanied client visits to view plots. (as required)

This service is independent of the size of the selected plot



* Up to 30,000  Eu

Total ˆ950 per plot



* Up to ˆ50,000

Total ˆ1300 per plot



* Up to ˆ100,000

ˆ1000 + 3% on the difference above ˆ50,000 per plot



* Above ˆ100,000

Negotiation discounts available on standart 3% commission

*Client is responsible for associated legal charges

(in BG it is normal to pay agents for buying and selling)

Ø       Typical agent charges are 3% of the plot cost

Ø       Municipal tax has to be paid at a rate of 2% of the purchase price

Ø        Notary Fee 2% of the Full Value of the plot 

Land Management (+additional charges)

Client Annual tax return and accountancy charges

Total ˆ200/year

Plot Fencing (after certified marking by Municipal Surveyor)

(typical cost including material ˆ10/Mtr)


@ COST

Plot Managment

Plot visits-2 Visits/Year. Grass Cutting up to 1000 sq mtr.

Payment of annual municipal tax.

Client email condition report with photos for every visit. 

Total ˆ195/year

Purchase of Off Plan or Existing Property

With advance notice of your particular area of interest, we will match your request against the available offers from all agents to present you with a comprehensive selection.

Airport Transfers available @

ˆ10  each way

Accommodation for up to 4 persons @

ˆ65/Night

Viewing (Guide and Mileage)

Per 6 Hours to include Driver / Guide and Mileage

Total ˆ100

Lunch in Sofia

ˆ10/Person

Client Representation for Off Plan or Existing Property purchase within Sofia

Representing Client, Power of Attorney (POA) throughout the buying process. All connected legal services, All Administration, dealing with the Municipality and agents, Management of Documentation. Regular Client updates. Accompanied client visits to view property, regular email updates and photos.

Note that whilst the Client normally pays 3% agency fee for existing property purchase this is not normally applicable for New or Off plan property.

Fee for representing client throughout the buying process as detailed above through to Act 16 (ownership)

2% of Property Value

(Min ˆ1000)*

Completion of Internal Works

Fee for consulting of final finishing works, to include: bathroom; kitchen; flooring; fixtures and fittings;  negotiating with suppliers and presenting options to the client.

Managing the process on the clients behalf through to completion and presentation for occupation or letting purposes.

(Guide price The average cost of furnishing and equipping a 1 to 2 bed apartment are between 9000 Euro and 12000 Euro)

ˆ850

*Client is responsible for associated legal charges

(in BG it is normal to pay agents for buying and selling)

Ø       Typical agent charges are 3% of the price of the property

Ø       Tax has to be paid at a rate of 2% of the purchase price

Ø       Notary Fee 2% of property value

Management of Apartments and Villas

Long Term Lets (are Subject to Tenancy Agreement min 3 months)

Initial Fee includes Advertising of Apartment or Villa, finding a suitable tenant, Vetting tenant and taking up references. Agreeing with owner, creating, and signing lease on behalf of owner. Power of Attorney (POA required)


Initial Fee ˆ200 plus VAT (BG 20%)

Services to Landlords

Where continous management is not required  we are able to find and qualify a tenant for the initial fee plus 2 weeks rent.

Initial Fee ˆ200 plus VAT

 2 weeks rent plus VAT

Continuous Management

Routine administration, Periodic Inspection of property, with photos and report, managing deposits, receiving and processing payments. Payment of Utility expenses on behalf of the client, arranging for maintenance and repairs on behalf of the client.

10% of rental paid +VAT

Short Term or Holiday Lets

(1 day to 1 month)

The owner can maintain the apartment himself between lets or use our services. See cleaning and bedding for more info.

Management annual fee per apartment       ˆ300 + VAT

 plus 15% of rental paid +VAT

Property Management for Absent Owner

 

For owners who do not wish to rent but require their property to be managed in their absence we can carry out the following on your behalf:

Hold keys on your behalf and visit the property regularly to check security

Visually check the interior and exterior for damage & check fences 

A check list of visit  is maintained for record purposes with photos

Pay bills on your behalf, arrange Insurance for your property if required

Inform you of any issues, send email and photo status

We undertake all this for a fixed fee                

ˆ750/yr within 25Km of Sofia.

ˆ500/yr within Sofia.

Key mngnt service only ˆ120/yr

 

Gardening Service

We can also undertake gardening for our clients

Grass cutting, Hedge Trimming, Clear weeds and debri, Dispose of all rubbish






Please enquire regarding costs

Meet and Greet Service

We will meet your guests at the airport, hand over your keys and  ensure they are taken to your property. In addition they will be provided with a contact tel No. in case they require guidance help or assistance.

ˆ10 per transfer

Adhoc Call out outside of contract

We endeavour to assist in all circumstances within Sofia and will assess any situation and if necessary resolve or report back to you for instruction

Please note

Tradesman charges are additional

Initial Call include first 1 hr ˆ 50

Subsequent hours @ ˆ25 / Hr

Translation & General Administration

 

We can  undertake legal translation and adhoc administration and consultancy

ˆ25 / Hr

Cleaning and Bedding Services

General Cleaning during occupancy or between lets

Bedding and Towel Service

Deep Clean - Complete cleaning of apartment, cleaning of all kitchen and bathroom fixtures and fittings, cleaning of all painted surfaces. Cleaning of windows

 

Service Clean ˆ8

Change of client clean ˆ13


OR


5% of rental paid +VAT

Project Management & Consultancy

Project Management

The following scale of charges applies where we manage on your behalf an entire construction project consulting with you and all interested parties, producing documentation to manage the process, advising you of status on a regular agreed basis, maintaining a complete administrative record for tax and accountancy purposes.

Built up area
 

Over 1000 Sq Mtrs – 25 Eu/Sq Mtr

Up to 1000 Sq Mtrs – 30 Eu/Sq Mtr

Up to 500 Sq Mtrs – 35 Eu/Sq Mtr

Up to 200 Sq Mtrs – 45 Eu/Sq Mtr

Up to 125 Sq Mtrs – 55 Eu/Sq Mtr

Personal Pension Fund Client Representation

Administration 25 Eu / Hr

(covers all ad hoc services, client representation, investigations and research, reporting, general advice) 

Power Legal and Agreements formation

35 Eu/hour

Ad Hoc Accommodation and Expenses @ cost 

Land Purchase 5% of Agreed price

(Covers client representation from agreement to purchase through preliminary contract to final signing of the notary act) 

Ad Hoc Mileage 0.5Lv / Km

Note: client is responsible for all associate legal and notary charges


Consultancy

General consultancy and administration

30 Eu/hour

Para  Legal and Agreement formation

35 Eu/hour

Typical Charges for Utilities

General Information

Client is responsible for additional Maintenance and Utility charges

Typical Landlord charges for utilities  2009

Municipal Charge                           ˆ 200/Year

Water                                         ˆ 150/Year

Elect supply                                 ˆ 800/Year

Typical Rental Charge for 1-bdr Apartment

Typical Rental Charge for 1 Bed Apartment

1 to 3 days                      ˆ45/Day

3 to 10 days                    ˆ40/Day

Over 10 Days                   ˆ37/Day                                         

Monthly Rental                 ˆ750/Month




www.bpli-bg.com