Legal Information - Buying a Property in Bulgaria

Foreigners can buy buildings; the right to build and other land related rights such as the right of use & passage but cannot buy land. Acquiring property (except land) is made easier by the new Foreign Investment Act (1997) which lifted the requirement to seek prior approval of the Ministry of Finance to conclude such purchases.

Foreign judicial and physical persons can however acquire land via a Bulgarian registered company. The legislative intention is to provide this opportunity to foreign persons who intend to engage in commercial activity in Bulgaria.