From January 1st, citizens from Great Britain can no longer acquire land (including agricultural land and forests) in Bulgaria except by inheritance. The reason for the ban is that they have the status of third-country nationals for the European Union as a result of Brexit. The ban does not affect past cases, as well as the purchase of other real estate (apartments, houses, etc.).
Here in Yantra Homes, we offer a wide range of exquisite properties for sale in the historical capital of Bulgaria, Veliko Tarnovo. Our portfolio of Bulgarian real estates also includes low-priced properties in the popular municipalities of Tryavna, Elena, Pavlikeni and Polski Trambesh, among others.
The combination of the romantic ambience with the old crafts makes the region of Veliko Tarnovo extremely popular with property buyers. Whether you are looking for a primary or secondary home, holiday home, villa, apartment, commercial property or looking for investment properties, we can take care of all your needs.
More than three-quarters of a million Brits now owning a holiday home or investment property abroad, it is obvious – that kind of investment has an unquestionable effect – not to mention the benefits of earning passive incomes. From April 2016, buying a second home in the UK will costs 3% in stamp duty i.e. buying a holiday home in Britain will cost the usual amount of stamp duty, plus an additional 2%. However taxes on buying property in Bulgaria won’t change, so if you weren’t tempted to buy your holiday home in Bulgaria before, you might be more tempted now!