Calculation of the real estate tax assessment: why and how is it done?

09/03/21

Without a doubt, the real estate sector is one of the most dynamic in our country. It attracts the interest of a number of entrepreneurs both in Bulgaria and around the world, and the procedure for calculating and issuing a tax assessment of the property is key to the implementation of any deal. The document, known as the property tax assessment, is a mandatory element of the documentation that must be submitted when conducting real estate deals. In the following lines, we summarize everything important that you need to know about the procedure.

Purchasing a property with a mortgage: a quick guide

08/24/21

Today, more and more people are buying a property with the help of a mortgage loan, and the reasons for that are several – from an affordable deferred payment, to the low and extremely favorable interest rates. Of course, taking a credit for the purchase of a residential property has its own specifics. That is why it is important to get familiar with them before concluding a mortgage loan agreement and proceeding with the real estate deal. In the following lines, we have selected for you the general provisions, the key legal aspects of this type of deal and the widely established practices that are important to and must be considered.

Why good sound insulation is so important?

08/17/21

The excessive noise pollution is a serious problem that can not only reduce the quality of life, but also lead to real problems for physical and mental health. Heavy traffic, flying planes, repairs, loud music or noisy neighbors… All these factors accumulate, and the result is probably obvious to most of you. Fortunately, the good quality sound insulation can greatly minimize the effects of these noise pollutants, ensuring a calmer and healthier life - both in the home and in the office. Why is it important to pay serious attention to the sound insulation when buying a property? We tell briefly below.