The Reduction Of Corruption In Bulgarian Real Estate Posted By:…

2010 will begin an interesting phase for Bulgarian real estate, with property prices at the lowest they have been for some years, mortgage loans becoming increasingly accessible at lower rates and the possibility of the new Notary Act coming into effect. The Bulgarian real estate market is expected to begin its revival with the new Notary Act, enabling transparency of all real estate transactions to be processed through the State Depository Bank. With the passing of an amendment to the Notary Act, all new transactions such as real estate and vehicle purchases will be required to pass through the State Depository Bank. Designed to end the common existence of excessive cash purchases, the declaration of all acquisitions will be a major chan ..

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The Reduction Of Corruption In Bulgarian Real Estate Posted By:…