Real Estate Agency Sofia
Independent Real Estate Agent in Sofia, Bulgaria
We have been involved in the purchase, sale and management of real estate since 2005. During this period I have lived in Bulgaria, the UK, Latin America and the US dealing with individuals and businesses from many parts of the world. This has given me a good insight into how international investors think and want to offer the concierge services that a real estate agent in Sofia should perform.
In addition to Bulgarian and English, the team also speaks French, Spanish and Italian and can communicate via phone, email, text, video, or in-person.
We concentrate on select properties and districts in Sofia and are experts in the developments in each district.
A Real Estate Agency in Sofia with a Difference
While the larger Real Estate Agencies in Sofia, Bulgaria have inflexible rules and regulations, such as fixed commissions and only submitting offers once a deposit (up to 5000 Euros) has been made, we treat each client on a case-by-case basis.
As well as home search and sale we offer:
- Video calls and viewings with international clients to understand their requirements.
- Orientation services on arrival in Sofia.
- Accompanied home search with hotel pick-up.
- Temporary accommodation assistance.
- Assistance with set up of telecommunication services and utilities.
- Property management.
- Advice on purchase of fittings and furniture locally.
- Full relocation service.
Our Real Estate Partners in Sofia
Sofia Property Broker want to provide the best service possible, and we have entered into partnerships with leading professions who we have worked with to provide the additional expertise to successfully complete real estate transactions in Bulgaria.
Strategic Partners for Real Estate Agents
We have formed partnerships with the following services in Sofia. If you need another service then please let us know.
- Mortgage Providers
- Insurance Brokers
- Kitchen and Bedroom Fixture Designers
- International Movers
- Translators and Interpreters
- Property Finishers to Complete your Home or Investment.
- Tax and VAT Accountants
- Immigration and Work Permit Lawyers
- International Removal Services
- Storage Companies
- Post Move in Services
Fluent English Speaking Real Estate Agent in Sofia
Finding properties for sale in Sofia is easier than ever before thanks to real estate websites and applications, but there are still lots of aspects of the Bulgaria real estate market than can be a real headache for international investors. The best way to traverse the minefield of legal regulations and tax law in Bulgaria is with the help of an estate agent dedicated to your needs and not just handling enquiries for hundreds of possible clients.
There are plenty of real estate agencies in Sofia that ‘specialise’ in foreign investor property needs and have English-speaking staff, but while they might all seem quite similar, the quality of services on offer can vary greatly with a general switchboard that often does not put you in contact with the appropriate agent.
Concierge Real Estate Service in Sofia, Bulgaria
We are not in the business of arranging flights for you but want to provide a quality concierge real estate service in Sofia and we will advise you on where to stay in Sofia, arrange for you to be picked up at the airport, have an introductory/orientation meeting with you as well as full relocation services in Bulgaria.
We will properly plan your viewing itinerary so that you are not rushed and will allow time towards at the end of your visit so that you can return later to make second visits.
We are available from 8am to 10 pm every day and will organise viewings during work but also over the weekend if the owners are only available at these times.
Types of Real Estate Investors that we Work with in Sofia
At Sofia Property Broker we find properties for both investors and people who buy real estate as their own home.
We understand that people who buy real estate as their own home not only look at the property as an investment but also as a lifestyle choice. So, factors amenities nearby such as schools, shops, public transport as well as the distance it takes to commute to work become extremely important. Often the closeness of the property to the workplace is very important to reduce commute time.
Long term investors invest in the real estate market in Sofia to make money. These investors know that that real estate investment can be slow moving, prices can go down as well as up, and you may own an illiquid asset that is difficult to sell at the required price due to market conditions.
Often these investors wish to purchase the property using tax efficient corporations. If you fall into this category then we can put you contact with our legal partners in Sofia.
Real Estate Agent Fees in Sofia
The cost of buying or selling property is not just limited to the purchase or sale price of the home as there are many other costs associated with real estate transactions, including:
- Home inspections
- Loan fees
- Appraisal and survey fees
- Closing costs
- Real estate commissions
Real estate commissions, which are also known as agent and broker fees, are paid to the professionals who help you either buy or sell your home. Understanding what these costs are, and how they are determined, are important when looking at the total cost of the transaction.
Unlike other countries, both the seller and buyer of property in Sofia pay commission. The standard, but unregulated, fee for both is 3% but is negotiable.
When you are selecting a real estate agent in Sofia make sure that you enquire about the commission fees as some agents will try to charge more to international investors. However, it is worth paying more commission if the agent can achieve a better price for your transaction whether you are buying or selling property in Sofia and keep in mind that a lower commission is not always the best option as part of the agent’s fee covers the marketing budget and other business expenses for the sale.
It may be worth hiring an independent appraiser ensure you’re pricing the home correctly.
Real estate agents are paid when you sell your home, so if your home doesn’t sell, you shouldn’t owe them a commission but make sure that you read the sellers contract to make sure what you are letting yourself in for especially if the sale falls through.
Luxury Real Estate Agent in Sofia, Bulgaria
We are a luxury real estate agent in Sofia, Bulgaria who provide a Concierge service to our international clients offering exclusive properties in Sofia and take great pleasure in helping our clients discover their next home. You will have a professional and dedicated advisor to offer you valuable and honest advice in finding the best property for you.
We consider ourselves a lifestyle agency that aides our clients to get to know Sofia while finding their luxury home. Our team consists of agents fluent in several languages and are very familiar with the requirements of different international investors.
Renting and Selling Services in Sofia, Bulgaria
We can help you buy, rent, manage or invest in residential, commercial and off plan properties in the best parts of Sofia.
Internation and Local Property Listing
There is a huge demand for properties in Sofia and when you list a property with us we have specialised marketing team to promote your apartment or house and achieve the required selling price.
We help you to find the tenant, screen them for eligibility, handling lease documents, move-outs and complaints. We have many years of experience, and we will help you you to find your ideal tenant.
Remote Video Viewings in Sofia, Bulgaria
Now it is no longer necessary for our overseas clients to take time-consuming journeys to visit properties in Sofia that they have merely seen in photos. With our remote video viewings in Sofia, you are now able to view properties without leaving your own country.
This means that buyers can view more properties than before and allowing them to shortlist their preferred choices in a matter of hours before coming to Sofia.
The typical buyer currently views between 10 and 15 properties in person before making their choice. So, if there is an opportunity to bring that number down considerably, it is a good saving of time.
What Type of Property in Sofia Are You Looking For?
At your initial consultation, we will ask you questions about your familiarity with the buying process, your preferences in the type of home you want, your geographic needs, and your purchasing power. We will also be asking about any particular concerns or needs you have about purchasing a property in Sofia.
We have relationships with a complete list of professionals that you may need to complete your property purchase in Sofia. These include:
- Banks. In case that you need a mortgage or loan for your property purchase in Sofia..
- Property Inspector. Once you have an accepted offer on a home, you may need an inspection to ensure that the home is fundamentally sound.
- Real Estate Lawyer. Your highly qualified lawyer will counsel you about your rights and responsibilities under your contract of sale.
- Property Insurance Expert to ensure that you are fully protected in case of disaster
- Apartment finishing services as most new homes get delivered rough and will need bathrooms, kitchens, floors, decorating, etc.
Property Selling Services in Sofia, Bulgaria
We are aware that when you decide to sell your property, it is not an experience that is only about mere agreements, down payments and percentages. We want to provide you with a professional experience to achieve the best-selling price in the appropriate timescale so that you will recommend us to others.
We will advertise your property on our social media platforms and our website, which are visited by many people on daily bases and your property will be presented to our database of customers and possible investors, and various advertising plans will be followed to optimise the marketing of your property.
After a period of significant growth in the Sofia property market with prices at historical highs, possibly now is the time to consider cashing in or maybe you are just leaving Bulgaria for work reasons and wish to Sell Your Property in Sofia. Bank lending for buyers continues to be available, with interest rates almost unchanged compared to the large growth experienced in other countries.
Having first invested in Sofia in 2004, Sofia Property Broker has the expertise knowledge of the Sofia Real Estate market, the demands of investors and the legal requirements. We specialize in residential property in the best locations in Sofia.
We will sell your property on the: NO SALE – NO FEE basis . with a sales commission of 3% of selling price (minimum 1000 EUR).
We will advise you on any building work that needs to be performed on your property before putting it on the market and arrange for the appropriate tradesman to do the work at Bulgarian prices if required.
In addition, we will arrange the payment of any outstanding utility fees or municipality charges so that the sales will go through without complications.
Short Term Apartments to Rent in Sofia
We have luxury apartments with an amazing set of facilities available to rent from 1-12 months. Facilities which are included in the cost include:
- Social areas with meeting and leisure facilities
- Utility bills
- All furniture, fixtures and fittings.
- Maintenance and management.
- Monthly residents get together.
This is a unique offering in Sofia offering the opportunity to be part of a community in a quality development in the fastest growing district in of the capital.
Types of Short Term Rental Apartments in Sofia
The following apartments are available and ready to move into:
- Studio apartments
- One bedroom apartment
- Two bedroom apartment
New-build Developments Sofia, Bulgaria
Sofia Property Brokers offer a range of quality new development projects in Sofia which are ideal for investment or as your own home. Each new development that we have selected has been vetted by our team and are built be reputable developers and are in the best locations in Sofia.
Each of these new developments have strong investment potential for capital appreciation and rental returns.
We work closely with the development companies who will provide all the assistance needed to assist in the transaction.
Characteristics of New Build Developments in Sofia
here are so many positives of buying a new build property in Sofia:
The location of new home developments in Sofia is a key reason more people are considering purchasing a new build home in Sofia.
People are generally looking to live in the suburbs with:
- Excellent roads and public transport, particularly the Sofia Metro
- A garden, large balcony or roof terrace overlooking Vitosha mountain
- Preferably underground or covered to avoid having to clear snow or ice from the vehicle in the winter months
- Close to shopping, restaurants and fitness/leisure facilities
- Designed to be exactly as you want it as most new builds come unfinished in Sofia
- A warrantee so that all issues will be corrected in the first 5 years by the developer.
- Open plan and multi- functional space.
- Facilities in the development such as security, fitness, swimming pools or restaurants
- The latest technology such as underfloor heating and smart technology in terms of heating, lighting and music, all remotely controlled.
- Environmentally friendly built to exacting standards in terms of heating and ventilation.
- Easier to buy with restrictions in place and no waiting for the seller to sell first.
- Buying a new house will generally require less immediate maintenance.
- When you buy new, you are often buying into a ready-made community with friendly neighbours.