BULGARIAN HOMES LIMITED.

Important note we do NOT charge viewing fees or ask Clients to sign Exclusivity Agreements.

COMMISSION RATES

1) To act for a purchaser solely on the acquisition of a Bulgarian home 3% of the selling price.

2) Non Bulgarian residents cannot purchase land but a Company owned by the non Bulgarian purchaser can.

To act for the purchaser as outlined in (1) plus all legal work for the purchase, plus company formation, plus all registration fees and duties including a full translation package in English from a certified translator a fee of 6% of the selling price with a minimum fee of €1,500.00

Note the legal work is all done by our recommended Solicitor.

The purchasers Bulgarian company must have a Bulgarian bank account into which 5,000.00 Lev. must be paid to open the account. Approximately 4,700 Lev. Can be withdrawn virtually straight away leaving 300 Lev. in to maintain the account. The 5,000 Lev. required to open the account is NOT included in the 6% commission given at (2) as it can be left in the account or withdrawn by the purchaser.

For Non Bulgarian nationals our solicitor can provide all the required services to obtain residency status on an hourly rate fee as each case is individual and the time required varies.

CURRENCY

All Bulgarian purchases are paid for in Euros.

For U.K. residents with no Euro bank account the best £ to € exchange rates are obtained in the U.K. so that transfers to your Bulgarian bank account are made in Euros.

We, as a company, use the International Currency Network Limited which offers a simple and effective exchange facility at better rates than the high street banks, so if you choose to use I.C.N. tell them we recommended you.

Whatever your reasons for changing currency, whether it be purchasing a property or goods from abroad, International Currency Network can save you money and ensure the process is as simple and stress free as possible. They offer a totally personal service and do not charge any commission. International bank payments are also free on any transaction over £10,000GBP.

The Foreign Exchange Market is vast in size and consequently exchange rates change constantly throughout the day. So when you are in the position of making a purchase or a sale abroad and you need to convert currency, you will be exposed to the uncertainties of fluctuating exchange rates.

Given the precarious nature of currency markets you will never know the exact rate of exchange until you are ready to carry out the transaction. This makes it very difficult to budget for your overseas purchase.

I.C.N. has a live dealing facility with a major U.K. clearing bank in London which enables them to bring corporate exchange rates into the public domain. They also monitor movements in the markets.

While it is impossible for anyone to predict the future movements of foreign exchange rates, their up to the minute market information can help their clients decide when it is best for them to trade. However, the decision to trade lies solely with their client. I.C.N. does have a facility whereby the exchange rate can be fixed up to 2 years forward thus eliminating currency risk.

Using I.C.N., a currency broker, is simple and straightforward.

1 Complete their registration form together with their terms and conditions.

2. Provide a copy of photo identification together with a recent utility bill.

All you do then is having got an up to the minute exchange rate from I.C.N. is go to your High Street bank and get their rate for comparison. Then all you do is a telegraphic transfer or a CHAPS payment of the funds you want to change to the I.C.N. client account at Barclays, details of which they will give you.