Risk 1: scammers. Apartment for rent or for sale
First, consider the most common fraud schemes in the residential rental market. Two methods are especially effective: re-renting an apartment in a sub-rental and selling a house using fake documents.
The first method is effective with those owners who go on a long business trip to another city or country and for a long time can not carry out control checks of the apartment. Continue reading
Svetlana Novak reasonably notes that there are not so many places for building a large number of real estate on the Bulgarian coast, so the demand for apartments, houses, villas and mini-hotels is great. According to her information, one-room studio apartments on the coast can be bought from EUR 60 thousand, a house from EUR 70 thousand, and a villa from EUR 90 thousand.
Buying a house, the buyer assumes the obligation to pay the necessary taxes and fees. However, they are quite small, and the pleasure of living in a house on the beach and the final return on investment will more than pay off the moral and material costs. Continue reading