In response of the expansion of foreign and Bulgarian investments in real estates, “Ivo Baev & Partners” has developed and for years in a row is offering its clients a complete legal services package with the sole objective of securing maximum legal protection for the investors in each single stage of the investment process for each transaction. Our work as independent solicitors on purchase of real estates by foreign citizens is enjoying impeccable reputation. The legal services package may include:
- drafting proposals for different investment opportunities under prior defined criteria;
- representation in negotiations with potential sellers;
- incorporation of Bulgarian companies with foreign capital, provision of nominal correspondence address, company agent, annual tax servicing, opening and management of bank accounts;
- registration of offshore companies;
- research of documentation proving seller’s right of ownership, preparation and/or research of drafts of preliminary sale contracts, property management contracts, rental agreements;
- legal opinion on construction documentation;
- complete check up of presence or absence of real encumbrances or third persons’ rights on a specific real estate, interdicts or other restrictions;
- preparation and research of drafts of title deeds, representation at the notarial proceedings;
- taxation planning of future sales;
- registration of transactions with Bulstat register and at the Municipality;
- real estate management.
We are able to support the increase of return on foreign capital invested in real estates. For that purpose, our team is offering a whole set of services on mortgage intermediation, research of the terms and conditions of bank mortgage loans, consultancy on the necessary documentation and professional assistance upon its preparation. We have built good business relationships with some of the leading Bulgarian and foreign banks operating on Bulgarian market.
“Ivo Baev & Partners” is providing to clients the needed protection of investments, offering complete consultancy on the terms of the insurance contracts and representation before the insurance companies during the property insurance process.
In order to meet the needs of individual foreign investors, our team is providing the full set of services related to the hereditary relationships concerning the real estates owned by foreigners on the territory of the Republic of Bulgaria. It may include:
- consultancy for taking the best possible decisions;
- safekeeping of handwritten wills;
- submission of handwritten wills for safekeeping at by Notary Public;
- notarial wills;
- announcement of wills;
- execution of wills;
- estate management.