IT'S 100% FREEHOLD AND REGULATED!!!
VILLAGE OF GORSKO SLIVOVO & REGION
Gorsko Slivovo is a nice and picturesque village, located in North-Central Bulgaria at the foot of the
Balkan Mountains, 25 miles away from the Town of Lovech and 40 miles from Town of Gabrovo.
The village has all basic amenities for a normal living such as food shops, local pubs, post office, transport,
etc. The region has a large array of tourist attractions including: country
trails, cycling, kayak, hunting, horse-riding,
canyon discovery, cave exploration, treasure-hunts, etc. There are special incentives given by municipal
authorities for business creation and foreign investment in the municipality of Letnitza and in the region.
There are under-exploited tourism opportunities for
foreign and local tourism.
The highest and most beautiful waterfall in Bulgaria - Krushuna Waterfall - is located only 8 miles
The village is situated close to the wonderful Aleksandrovo Lake where residents can go fishing or
sunbathing. It's a very peaceful and well appointed village, offering perfect conditions for year round living.
And the easy access to Sevlievo and Lovech makes it even more attractive.
I'S A VERY ATTRACTIVE AREA. THERE ARE ALREADY SOME FOREIGN INVESTORS THERE!!
The coastal City of Varna with its famous beach resorts and international airport is about 180
The village is located approximately 110 miles to the capital City Sofia & International Sofia Airport,
and about 130 miles away to the City of Bucharest (RO) and its International Airport "Otopeni".
Also not too far is the lovely architectural City of Ruse, only 80 miles away, bordering Bulgaria
and Romenia on the Danube River.
It is only about 37 miles to the historical and touristic City of Veliko Turnovo. Located on the famous
"River Yantra" (the 3rd longest Bulgarian tributary of the Danube River), "VT" is one of the most
popular destinations for tourists in Bulgaria. From its rich historical value to its thriving modern nightlife
and lush natural surroundings that provide many excellent opportunities for outdoor recreational activities,
Veliko Turnovo offers you everything you could ever want for the perfect holiday!!
Next to Veliko Turnovo is the famous Ski Resort Uzana.
This really is a property with potential !!
LOVECH & REGION
Lovech is located on the borderline between the Danube Plain and the northern foothills of the
Balkan and it covers the river terraces of the famous Osam River. It is situated about 105 miles to the
north-east of Sofia, 21 miles to the north of Troyan, 53 miles to the west of Veliko
Turnovo and 40 miles to the north-west of Gabrovo. It is one of the oldest and most interesting
Definitely one of the most amazing sights to be visited in Lovech is Varosha Quarter. Varosha
Architecture-Historical Reserve is located in the old quarter of the town, amphitheatrically situated along
the bank of the Osam river. Another spectacular place of interest is the Old Covered Bridge in the centre
of the town, which was built three times. It is now a beautiful architecture bridge, with covered shops and
stores, the river murmuring beneath and telling stories of the past.
In terms of natural landmarks Lovech has to offer much as well. The Stratesh Park and the Bash
Bounar Park are wonderful places for recreation and relax amongst nature. Plenty of small and big
caves in the rocky banks of the Osam River are found nearby. A great historical place of interest in
the region is “Kukrinsko Hanche” Museum, located in the nearby Village of Kukrina. Another
interesting village is Oreshak, famous mostly for the “Crafts and Applied Arts” National Fair,
where a variety of articles of art crafts from the region are exhibited. Demonstrations of masters and tasting
of the famous Troyan plum brandy (rakiya) are organized there.
There is a wide choice of good restaurants, pizza and fast food restaurants, cafes and bars in Lovech.
Tourists have to surely try the traditional local specialties and of course to taste the famous Lovech Plums
Brandy and the aromatic wines of the fertile region.
A bunch of stuff you probably won't read, but should
The buying process
Depending on how you buy you will be asked to sign a preliminary sales contract between you and the seller. This
can be checked by your lawyer either in your home country or Bulgaria. The official exchange of contracts is
managed by the notary, who works for the government and represents both the buyer and seller. The presence of a
notary does not however reduce the need for a lawyer, who should review all of the contracts prior to exchange
Signing the Notary Act
Signing the notary act (sometimes referred to as the notary deed, purchase contract or final contract, which is
equivalent to a title deed) is the final step in taking ownership of your property. If you’re unable to be
present at the signing, you can have your lawyer sign it on your behalf if you’ve given him/her power of
You also need to be aware that you will need to file an annual tax return for your company. In almost every case
your company accounts will be ‘zero’ (no trading for the entire year). Nevertheless, unless you can read and
write in Bulgarian and are familiar with the Bulgarian tax system, you will need a Bulgarian accountant to
ensure that your tax return is filled out correctly. It is always worth getting the experts in...Bulgaria has
different property laws and regulations to the UK. Seek advice on possible fees, taxes, insurance issues, local
authority rules and possible pitfalls.
Before you start your Bulgarian property hunt you should decide exactly what you are looking for. This sounds
obvious, but clearly identifying your goals before you start can save time later. Do you want to build your own
house, renovate an existing property or buy off-plan? Are you looking for a quiet rural retreat, a city centre
property, a mountain chalet or an apartment on the Black Sea coast?
In some rural areas services are limited, with many villages having few shops, bars or restaurants. You will
definitely need a car, and it is a good idea to choose an area that is close to a large town or city for
shopping or a night out. Although people in the Bulgarian countryside are usually very friendly and welcoming,
few will speak English. The number of foreign residents in areas like Veliko Tarnovo has increased dramatically,
but don`t expect a well developed expatriate community like parts of Spain.
If you are relocating permanently then consider renting first, so you can get to know the area really well
before taking the plunge. Visit several areas at different times of the year, to get a real picture of what they
are like. You may also need to consider access to medical care or good schools if you have children.
Another important task before you begin looking for property is to set yourself a budget. This should be
realistic in terms of your financial situation, but also with regard to actual prices currently being paid on
the ground in Bulgaria. No use setting yourself the unrealistic goal of buying a luxury apartment with sea views
for 10,000 GBP! Rather than wasting your time, consult the typical prices on the internet, which will give you
an idea of the current prices being paid in each area. However, remember that prices are rising extremely
rapidly in some areas, so they should only be used as a guide.
If you are buying a resale or old property it is important to include the costs of all necessary renovation work
in your budget. Get a builder or architect to give you a detailed estimate before embarking on the purchase, so
you know what you are getting yourself into. When setting your budget you should also factor in the costs
involved in the purchase, such as legal fees. If the property is unfurnished you will have to include the cost
of furniture in your budget. Furniture is much cheaper than in the UK, but kitting out a whole house or
apartment from scratch can still be costly.
Once you have set your budget, the next step is to get the necessary financing in place, so the money is for the
purchase is ready. Acting quickly can be important as the best properties are often in high demand. Have enough
money for the initial deposit ready and make arrangements for funding the rest of the purchase.
Set yourself an objective. Most people buy for one of these reasons:
1. Buy for capital appreciation
2. Buy to let
3. Buy to renovate and sell at a profit
4. Buy as a permanent residence
5. Buy as a second home for own use
If you want an income from the property all year round, remember an apartment in Sunny Beach can only be let
over the summer period, but a property in Bansko will appeal to holiday makers 365 days year. By helping you to
identify your objective Emerge will be able to locate your dream home, and not waste your time showing you
properties that are not suitable. To ensure you make the right buying decision think about advantages and
disadvantages in terms of location, facilities, access, infrastucture, future developments and reselling
opportunties. As a buyer you can enjoy complete confidence in your investment if you have gathered the right
Decide on the type of property you want
Set a realistic budget, not forgetting to include purchase costs
Decide on the areas that will be of interest by reading guide books etc.
Research further into each area on the internet
Make the necessary financial arrangements for the purchase
Make contact with a Bulgarian solicitor
As one of the most rapidly advancing nations in Europe, Bulgaria has become a byword for international property
investment. In fact Bulgaria is probably the most popular property investment destination for British buyers who
invest in thousands of properties each year.
Bulgaria is one of the least populated European states. The country is approximately the size of England but
with a population of less than eight million people. As well as eleven blue flag beaches Bulgaria has 354 km of
Black Sea coastline, 37000 km of hiking paths in the mountains, and a series of almost unpublicised Roman,
Greek, and Thracian historical attractions including nine UNESCO world heritage sites.
Within the property market Bulgaria is turning towards a better standard of development; only granting
permission to the highest quality projects, and taking care to protect the national parks and natural resources,
which have provided such an attraction. The world trade organisation forecasts that this year Bulgaria will be
visited by millions of tourists, becoming one of the worlds most promising international tourist destinations.
After emerging from Communism in 1989 Bulgaria existed under a series of weak coalition governments, a situation
which persisted until the election of a government devoted to free-market principles in 1997. This year was the
key turning point for Bulgaria, and also saw the creation of a currency board which tied the Bulgarian lev first
to the German mark, and then to the euro. This was a move which contributed materially to economic stability.
The countries history of communism, combined with the slow start to the market economy in the 1990s meant that
property prices in Bulgaria were significantly below realistic values. It was partly these extremely low prices
combined with EU accession that stimulated the demand for investment property in Bulgaria.
The country has an advantageous geographical position, an educated work force, and miles of beautiful coastline.
The beaches are clean, and the skiing in the resorts is as good, if not better, than any destination in the
world. A part investment/part holiday home is easily possible in the villages. Prices remain relatively low, and
Bulgaria appeals to seasoned investors just as much as it does to first time buyers seeking a foothold on the
When Bulgaria shook off the shackles of communism in 1989 buying a property there would have been laughable, now
its one of the worlds hottest property markets offering something for everyone. The Bulgarian National Statistic
Authority noted that property prices have grown at a rate of up to 36% a year in some areas. Knight Franks
Global House Price Index which analyses house price growth world wide, registered Bulgaria as having the fastest
growing property market in the world in 2007. Prices are predicted to grow at the rate witnessed during the
Spanish market boom, as all the figures point towards a fantastic opportunity for property investment. The Royal
Institute of Chartered Surveyors European Housing Review, confirm that Bulgaria had the highest level of house
price growth throughout Central and South Eastern Europe in 2006, and the highest in the world in 2007.
The country is both diverse and stunning. There are mountain and sea resorts which have breathtaking views, and
a perfect balance of the old and new. The weather in the summer is hot and Bulgaria has a shorter winter than
the UK. Tourism is booming, and the sea resorts attract holiday makers from all over the world, as do the ski
resorts in the winter. The economy is strong and banks are opening the doors to foreign investors. Bulgaria is
now a member of the EU, and has an educated work force in all towns and cities.
Life is crime free, stress free, and laid back in the villages. Your neighbours will always give you a warm
greeting, and insist on cooking you a meal and sharing home made rakija! People that live in rural Bulgaria are
often poor but will want to share what little they do have to make you feel welcome. The people are kind and
generous, and if you respect the customs will go out of their way to help you.
You really will find that this is a country that has something for everyone, and will want to return again and
The only way to really evaluate the potential of your chosen property is to view it. Emerge are very much a one
stop shop, and will arrange your airport collection and hotel booking. If you wish you can stay in one of the
companies properties for free. Staying in a village house will show you what the culture is really like, and we
promise you a very warm welcome from the locals if you do this. What better way could there be to see the real
Expect to see up to 7/8 properties a day so be ready for a busy but fun time. All you need to do is book your
flights and leave the rest to us. If you are busy at work let us know, and we can book them for you. Emerge will
put everything in place for your visit, and personally care for you during your time with us. All you need to do
is turn up, relax, and let us plan your entire trip from start to finish. One of our fluent speaking English
hosts will accompany you on each viewing trip, and be on hand to answer any questions you may have.
To get the most from your visit look at the experience as a business trip. See what you want see, take the time
you need, and get space on your own to discuss the pros and cons. Be honest, if you are not keen on the
properties you are viewing, say so. If you give the impression a property is perfect when deep down you hate it,
your guide will think they are on the right track and keep taking you to similar places. Be clear about what you
like and do not like, nobody will be offended if you tell the truth - remember we want to show you suitable
properties as much as you want to see them. Let us know your requirements before you travel. How many bedrooms,
size of garden, parking, style of property, location, budget. We can then prepare a profile so potential
properties can be matched to this criteria. To find the perfect place, you need to view properties in your
budget, in the right style and location.
Then sit and think about it for a while. We never apply pressure, it is not our way.
Let me introduce myself. My name is Paul and I would like to tell you how my business Emerge (UK) ltd was
formed. I hope it gives you an idea of how this company will treat you as a client and the reason why.
I first travelled to the country for a holiday in 2006 and liked it so much I decided to purchase a property in
Bulgaria. The same as you I had doubts about buying property abroad, so I decided to find out as much about the
process involved when buying property in Bulgaria as I could. Having graduated in law I more than understood the
importance of seeking the advice of a lawyer specializing in Bulgarian property law.
To be honest the experience I had was pretty poor. The developers I spoke to wanted me to pay a deposit there
and then and didn't want me to seek advice from Bulgarian property experts. I discovered that the property
agents were putting a huge commission on each sale for themselves and paying the true owners a small percentage
of the profit. The people from the villages were poor and selling the one asset they had for a fraction of its
true value. The only people who appeared to be making any money from the sale were the middleman, who were
raking in "many Pounds" from villagers who did not understand Bulgarian property law and the process involved.
The village owners were kind people who didn't realise the true value of the property they were selling. The
houses had often been passed from one family member to another for generations.
On my return to the UK it was time to collect my thoughts and decide on my next step. Having seen how some
developers conducted business I knew I could better. There was only one thing for it - two weeks later I
returned to Bulgaria and Emerge (UK) ltd was formed and registered in the court of Rousse.
Since then people from all over the world have visited Bulgaria and viewed property with us. Our way of
conducting business is to let clients make their own mind up about the buying decision. If a client does
purchase a Bulgarian property from Emerge it will be because of a choice they make themselves, not because of a
salesman on commission making a hard sell. It is always recommended that clients return to the UK to discuss
their trip with family and friends before committing. This allows time to decide if buying property in Bulgaria
really is the right choice to make. If so, the whole process can then be undertaken by giving POA to a lawyer.
This is how the underlying principles of my company were formed, and these values are at the core of how Emerge
conducts its business.
Here is my personal promise to you...
Emerge (UK) ltd will always be honest and truthful. The company will be fair when selling on behalf of Bulgarian
villagers who are often far to willing to let the agent take all the profit. We will never hard sell and always
give you a cooling off period. This will give you time to decide if buying Bulgarian property really is the
right choice for you and your family.
What started as a holiday has now become a full time business taking me away from law. Buying a property in
Bulgaria would have been laughable a decade ago, now its one of the worlds hottest property markets offering
something for everyone. I have a solid knowledge of buying Bulgarian property having purchased in Varna and
other towns and villages throughout the country. I promise you an open and trusting relationship which really is
the key for my clients making a successful investment.
Thank you for taking the trouble to read this listing.
And remember - Emerge has plenty of properties for sale in Bulgaria.
Please email us with details about the type of property you are looking for with regards to budget/area/land
size etc. An idea about the reason why you are buying also helps to locate the right house. For example, do you
want a rental income, holiday home, or a village house to renovate and sell for a profit? This information will
enable Emerge (UK) ltd to forward offers that are going to be of interest and will tick all the boxes!
We will be delighted to email you some exciting offers.
Good luck with your property search!!