first class, off-plan residential building in the wide centre of the capital. combination of style, original facade and wonderful interior design

The building is situated in Banishora quarter, in a very convenient location, close to Hristo Botev Blvd., Central railway and bus stations, public transport, a park and a hospital. There are mostly new residential buildings in the area, as well as complexes in the place of the old family houses. All finishing works will be first class and with high quality materials.

Specifications: Sunny 1BR apartment with functional disposition:
Disposition: Living room with a kitchenette /22,89 sq.m./, a bedroom /11,21 sq.m./, bathroom with WC /4,24 sq.m./, storage /0,64 sq.m./, а balcony /1,18 sq.m./, a corridor /5,64 sq.m./.

Exposition: South, north.

Floors and walls: Plastered walls and cemented floors.

Bathroom and WC: One, together.

Balconies: A balcony in front of the living room and the bedroom.

There is a possibility to buy a garage or a parking lot at prices from EUR 12 600 to EUR 26 000.

accents

• Convenient location, which gives you fast and easy access to the city centre;
• Immediate proximity to the public transport;
• Quarter in the central area of the city of Sofia with an excellent infrastructure;
• Very good prices;
• Great investment potential

Take a look in our new catalogue - HERE

Mirela VIP catalogue - HERE

More information about Mirela Real Estate Agency - HERE

Why you trust us...

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.

Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.

On arrival you will be greeted by a friendly and highly trained representative.

Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

Mortgage Loan possibilities...

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free.

Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.

UBB - United Bulgarian Bank

The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The prepayment fee is 5%.

First Investment bank

Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate.

There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate. The application fee is Eur 50 and the management fee is 2%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.

The term for approving the application is usually up to 2 days.

Finishing and furnishing...

For owners of properties in Bulgaria, interested in renting their premises or for those who want to feel their property like a real home we can take up organization and control or full completion of construction or repair works. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. If you prefer our partners can help you design an ideal interior to suit your taste and style, and completely furnish the property  so that  everything is ready for you.

Construction type: Brick

Stage of construction: foundation level

Completion date: 04.2010г.

Heating: Central heating

Exposure: North, South

Number of bathrooms: 1

Balconies: 1

:

Joinery: PVC

• New development
• Mortgage
• Elevator

Agent's valuation of the offer Excellent!

See the project

How the purchase expenses are formed

Expenses in a real estate property purchase deal

I. The announced price of the real estate property

The announced price for each property on our site is the price Mirela Ltd negotiates with the owners of all proerties entered in the database.

In many cases the announced price is negotiable with the vendor depending on the specific terms of the deal.

It often happens that the announced price is not further commented on in harmony with the vendor's desire, in which cases your Mirela agent shall inform you of the situation in advance.

One way or the other, you can always comfortably rely on Mirela's professional agents for advice on what to do or expect. They will readily offer you additional properties with the specific characteristics you are looking for.

Do feel free to contact our brokers who manage the order for each real estate property.

The announced property price DOES NOT INCLUDE :

• the intremediary remuneration for the transaction (commission)
• the service fee (charged only for transactions with no commission from the buyer)
• the amounts due from the parties in the form of local tax, notarial fees and court fees for the inscription of the notarial deed.

II. Intermediary remuneration (commission)

The purchaser of a real estate property is obliged to pay a commission by virtue of a signed order contract with Mirela Ltd, a company acting in its capacity of a professional estate agent in real estate property transactions.

The remuneration is due only in case the buyer purchases the desired property through Mirela's agency.

The buyer DOES NOT owe remuneration to the company if he purchases a real estate property on his own or through another agent.

The intermediary remuneration (commission) of Mirela Ltd. is :

• 2.5% of the arranged selling price of the property in case of granted exclusive agency
• 3% of the arranged selling price of the property in case of denied exclusive agency
• before placing a purchase order with us, you are welcome to study the options to use our periodic DISCOUNTS as well as the SPECIAL CLIENT service, which entitles you to receive constant discounts, presents and BONUSES from Mirela Ltd.

The intermediary remuneration (commission) includes the following services :

• inspection of the property documents for encumbrances and past transfers of ownership ( inlcudes the issuing of an official document by the Registry Agency);
• attorney's fee for the preparation of the noatrial deed and all other necessary documents (the client has the right to choose a lawyer to represent him );
• hiring a public notary (the client has the right to choose a notary public);
• advice on the current market situation and the prices for the specific market segments;
• initial consultation on the rules in realizing the transaction;
• consultation on the necessary documenation and legal requirements concerning the transaction;
• introducing the client with the best terms for obtaining a BANK CREDIT (Mirela Ltd. works in close cooperation with leading residential accrediting banks).

In transactions for which Mirela does not charge a commission, the buyer pays a service tax of 480 EUR.

• the commission is due upon closing the transaction;
• Mirela Ltd. does not claim preliminary payment of the commission or parts thereof;
• Mirela Ltd. organizes the purchase  at its own expense and finances all actions and enterprises related to the search of the suitable real estate property;
• in unusual cases and  commitments beyond the formal agency of the company, Mirela charges a fee, approved by the manager.

Note : In cases of granted exclusive agency to Mirela Ltd, the buyer undertakes for a definite period of time not to engage in activities related to the purchase of a real estate property without the mediation of Mirela Ltd.

Granting exclusivity is a money, time and nerve-saving decision and avoids all inconveniences of having to deal with more brokers and several agencies.

In terms of company organization, sale exclusivity enables us to better direct the capacity of our agents and determines the contracting of a lower commission with the client.

When granting exclusive agency, we advise you to conduct a preliminary study of the company you intend to work with and make secure it has the potential to realize your deal. Therefore we recommend you to fix an appointment with our managers and agents and decide whether and whom you can trust. It does not bind you to the company in any way and is free if charge.

Mirela's managers will help you choose your AGENT.

Since our OFFICES have been structured to service different territorial districts and separate market segments, you have be able to rely on the best expert.

III. Local tax, notarial and court fees

We feel obliged to inform you of the usual practice for expenses (local tax and state fees) on real estate property purchases and sales in Bulgaria to be divided equally between the parties- seller and buyer. There are exceptions to the rule depending on the conditions and compromises negotiated between the parties.

Our role of consultants and agents is to offer you the most successful solutions through existing practice.

Local tax- 2%

Each real estate property deal, transfer or establishement  or real right on immovable property on the territory of Bulgaria is liable to taxation (local tax) under the Law on Local Taxes and Charges.

For puchase and sales transactions the amount of the tax is 2% of the selling price for the property and is calculated (on the announced price according to the notary deed) by the notary public engaged for the transaction.
 
Notarial fee (collected on the basis of a tariff by the notary legalizing the transaction according to material interest- the price of the property in the notarial deed)

The notarial fee is collected in accordance with the NOTARIAL FEES tariff under the Notary Act. You can learn the exact amount of the fee provided that you have gathered all the required documents or have already negotiated the selling price of the property.
Feel free to contact our agent on this matter, he will provide you with a figure for the fee.

Registration fee- 0.01% (collected by the Registry Agency after the notarial attestation)

The registration fee is collected for each document with certified material interest, such as the notarial deed. According to the REGULATIONS ON ENTRIES, subject to entering are all acts for transferring the ownership (sale, grant, exchange etc.) or for establishing, transferring, changing or terminating other real right on the immovable property, as well as acts recognizing such rights (ascertaining notarial deeds, acts for state and municipal property etc.).
Acts, subject to entering, and entered are given publicity, thus becoming examinable for encumbrances and previous transactions for each separate property.  Verification of the property status is an inalienable part of Mirela's obligations.
According to the Tariff of State Fees, collected by the Registry Agency (effective 25.11.2005 and published in issue 94/ 25.11.2005 of State gazette):
For the registration of acts and documents a fee is charged either on the price on which the document or act has been taxed or on the price of the claim in the amount of 0.1% but not less than 5.00 lv.

Addressing a professional real estate agent will prove nerve saving and will spare your money and effort.