|
At the
agency’s expense, the property is
advertised in the specialized press and
on the Internet, as well as directly to
potential clients, looking to purchase a
similar property. The agency has very
good business contacts with other
agencies in the town. Quite often, when
a quick sale is required, we turn to
colleagues with whom we have
arrangements for cooperation.
Having identified a potential buyer, we
prepare a provisional agreement for the
sale and all documents necessary for the
registration of the transaction. On
signing the final agreement before a
Notary Public, one of our lawyers or the
broker of the sale are present and
guarantee that the deal will go smoothly
and the agreed sales price will be paid.
The agency’s fee is negotiated
separately for each client and property.
The remuneration covers the lawyers’
fees for the drawing of the provisional
agreement and registration of the sale,
the cost of preparing the necessary
documents. Our patrons are entitled to
discounts of 10% to 20%.
For buyers
We strive to understand as best as
possible what the client is looking for.
If it is realistic, we sign an order
contract clearly outlining certain
rules, as well as the responsibilities
of the parties to the agreement. We
select from our own data base of
properties or from those of cooperating
colleagues the offers that we consider
best suited to the client’s needs and
organize viewings.
Having located a suitable property, we
prepare a detailed legal analysis of the
property, and acquire a certificate
indicating any encumbrances or lack
thereof. For plots of land, we undertake
a full study of the cadastral plan,
regulation and construction permits,
infrastructure, tracing and layout, if
not done by the previous owner, by a
certified geodesy and cadastral services
company.
We prepare a provisional agreement for
the sale and all documents necessary for
the registration of the transaction. The
final agreement, unless the client
prefers other arrangements, is also
prepared by our lawyers. At the signing
the final agreement before a Notary
Public, one of our lawyers or the broker
of the sale are present and guarantee
that the deal will go smoothly and the
agreed sales price will be paid.
The agency’s fee is negotiated
separately for each client and property.
The remuneration covers the lawyers’
fees for the drawing of the provisional
agreement and registration of the sale,
the cost of the preliminary study of the
property and that of preparing the
necessary documents. Our patrons are
entitled to 10% to 20% discount.
2. Mediation in letting out of real
estate properties
For lessors
After inspecting the property and the
deeds of title, we advise the client on
the actual rental price and potential
period of time necessary to find a
tenant. On reaching an agreement, we
sign an order contract for the sale of
the property which regulates clearly and
in detail the rights and obligations of
the parties to the agreement.
At the agency’s expense, the property is
advertised in the specialized press and
on the Internet, as well as directly to
potential clients, looking to rent a
similar property. The agency works with
companies who require lodgings for their
employees coming to the area on
business, for short or long periods of
time. The agency has very good business
contacts with other agencies in the
town. Quite often, when speed is of the
essence, we turn to colleagues with whom
we have arrangements for cooperation.
Having identified a potential tenant, we
prepare a lease agreement. An intrinsic
part of the agreement is the collection
of data about the property, an
inspection certificate about its
condition, equipment and furniture in
it, receipts for paid utility bills.
The agency’s fee is negotiated
separately for each client and property.
The remuneration covers the lawyers’
fees for the drawing of the lease
agreement and the cost of preparing the
necessary documents accompanying it. Our
patrons are entitled to discounts of 10%
to 20%.
For tenants
We strive to understand as best as
possible what the client is looking for
– reason for renting the property,
budget, specific requirements and
preferences concerning the type of
property or location. If find them
realistic, we sign an order contract for
rental property clearly outlining
certain rules, as well as the
responsibilities of the parties to the
agreement. We select from our own data
base of properties or from those of
cooperating colleagues the offers that
we consider best suited to the client’s
needs and organize viewings.
Having identified a potential tenant, we
prepare a lease agreement. An intrinsic
part of the agreement is the collection
of data about the property, an
inspection certificate about its
condition, equipment and furniture in
it, receipts for paid utility bills and
checking of the readings of the utility
meters.
The agency’s fee is negotiated
separately for each client and property.
The remuneration covers the lawyers’
fees for the drawing of the lease
agreement and the cost of preparing the
necessary documents accompanying it. Our
patrons are entitled to discounts of 10%
to 20%.
3. Management of real estate
properties
An extremely interesting, diverse and
responsible part of our job, made
necessary by the dynamic market changes
over the past few years. Before we
decide to develop this side of our
business, we often encountered potential
tenants who had problems securing the
right kind of rental property. Mostly
they were executives of Bulgarian and
foreign companies with projects in the
area. Although here only temporary, this
kind of tenant expects to find a
residential property as comfortable as
their own, in a good location, with
parking facilities, etc. Based on this,
we put together a nice portfolio of
properties. Wherever possible, we helped
develop the ideas of the owners to
achieve more marketable rental
properties.
You can learn more about this part of
our services by visiting the
“Management” section.
4. Full assistance for securing a
bank loan for acquisition of real estate
Purchasing or a renovating a real estate
property, working capital ... it all
comes down to funding! Our cooperation
with leading banks and our detailed
knowledge of and familiarity with new
credit products allow us to inform you
and help you with:
-
Loans to physical persons with
credit history
-
Loans to physical persons without
credit history
-
Loans to legal entities
-
Secured loans /mortgage on a real
estate property/
-
Loans to Bulgarian nationals with
permanent employment abroad
-
Loans to foreign nationals
-
Personal loans
-
Overdraft
In the
space of 1 hour we can draw for you a
personal loan repayment plan in a bank
whose product best corresponds to your
budget and the type of property you are
buying. Having selected the bank and the
type of loan, we can quickly prepare for
you all loan application documents
requirement by the bank.
5. Preliminary investment studies,
pre-development and investment projects
Over the past few years we have tried to
maintain our position as correct and
intelligent players on the real estate
property, which has made the preliminary
investment studies when working with
business properties an important part of
our work. The lack of a centralized
Property Register and some weaknesses of
the cadastral maps often create problems
for potential investors. As an attempt
to avoid losses in the future, we,
together with a large number of
specialists in the respective fields,
prior to the signing of a provisional
agreement, make an in-depth study of and
inform the parties of all problems
discovered concerning the property or
the title documents. Depending on the
type and size of the investment, we can
also offer that the preparation of the
organizational plan, the correspondence
for the regulation of the property and
the investment plan be prepared by some
exclusive partners of ours – persons
with experience in this field, under
supervision on our part of the
administrative procedures for
coordination and approval of the
respective documents.
6. Market studies and analyses
Based on our long experience as
consultants of construction and
regulation plans on the territory of
northeastern Bulgaria, we have first
hand knowledge of the conditions,
problems and prospects for the
development of the region. Our patrons
do not usually commit to a deal before
consulting the agency. We often help
develop their idea and achieve
significantly better results than
originally planned. Very often, our veto
saves the client from making a losing
decision, for a sale, purchase or rent
of a property. It is also standard
practice for banks the agency works with
to turn to us to verify the value of the
property used a security in a loan.
7. Licensed expert evaluation of real
estate properties.
We employ experts licensed by the
Privatization Agency to evaluate real
estate properties. When it is necessary
to evaluate machines and equipment,
agricultural lands, or whole companies,
we approach experts who cooperate with
us. All expert opinions are accompanied
by an analysis, prepared and authorized
by the agency, on the actual sale price
of the property based on data about real
transactions towards the date of
preparation of the evaluation. |
