MONEY AND BANKING IN REMOTE REAL ESTATE TRANSACTIONS IN Bulgaria

Transparent payments and full financial control

The financial aspect of remote real estate transactions in Bulgaria is organized strictly within legal and banking frameworks.
All payments are official, documented, and traceable.

Core principles

• bank-based transactions

• transparency

• documented payments

• settlement within the notarial transaction

Bank accounts and transfers

FavoritHome assists with:

• bank account opening

• bank coordination

• secure transfers

Payments in property purchases

Funds are transferred officially and released according to transaction conditions.

Receiving funds from property sales

Sale proceeds are transferred to the owner’s bank account after notarial completion.

International transfers

International transfers comply with banking and currency regulations and are fully documented.

The role of FavoritHome

FavoritHome coordinates financial settlements and ensures compliance with transaction terms.

Consultation

Each transaction begins with a financial structure review and consultation.