Mortgages for Bulgarian Property

On a number of properties we represent, it is possible to make an application for a mortgage to help finance your purchase. Generally this becomes viable on a property once it reaches roof level stage of construction as this is the criteria set by the lending banks. There are some basic guidelines detailed below, please contact us for further details.

Bulgarian Mortgages

Mortgages companies will usually lend up to 70% of the declared notary value
Interest rates are usually between 6.5 - 7.5%
Mortgage terms are up to 20 years only
Arrangement fees are normally between 1000 - 2000 euros

UK Mortgages

There are currently very few mortgage lenders that will assist you with financing a property in Bulgaria. A cheaper option could be to raise capital in the UK instead