Are there any restrictions on foreigners wanting to purchase property in Bulgaria?
In general, foreign individuals can purchase and own real estate (units / apartments and buildings) separately from the land underneath. The foreign individual may purchase land only if they buy through the medium of a Bulgarian limited company. A person buying an apartment does not need to do this. This is because you only own your apartment, not the land it is built upon. You need not be too worried about this. Your rights over it continue forever. Even if the property burns down you are allowed to rebuild. It is just that it is not, officially, classified as the ownership of land. Some apartments are sold with a share in the land upon which they are built. In this case you will need to own, at least the land, via a Bulgarian company. You can always, as a foreign individual, register a company in Bulgaria and buy the property through that company. A company owned by a foreign person in Bulgaria is considered to be a Bulgarian legal entity and, as such, may acquire real estate ownersh
