Loan Value:
Loans over 100,000 € available at 75% Loan to value (LTV)
Loans under 100,000 € available at 70% Loan to value
Loans granted for residential properties only at the moment
Loans for land purchase is 60% Loan to value
Term of Loan:
From 5 to 25 years
Minimum Loan:
Minimum loan 40,000 €
€ Currency Mortgage
Loan is based on full status and affordability
Minimum Age:
21 Years Old
There are redemption penalties in the first 2 years only.
Loan is based on the Bulgarian property
First year will be 5.95% interest only, and then remaining term will be 6.20% repayment.
Decision in principle available (DIP)
Currently, if a foreign national wishes to purchase land or a house, they currently need to set up a Bulgarian company (set up cost is approx 600 - 800 €)
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