FAQ
Are you planning to spend your retirement or vacation in Bulgaria, or are you looking for a vacation home? Below we answer the most important questions when you decide to rent or buy a property in our complex
How long can I reserve a villa and are there any costs involved?
Due to high demand, we recommend that you reserve your dream villa after a telephone or personal consultation. All you need to do is send an e-mail to info@residenz-victoria.ch with a request to reserve the villa; We will hold your reservation for a period of 14 days. This is then freely available again. A binding reservation can be made with a payment of €2000. To do this, you can start the reservation process directly via your desired property on our property details page.
How high are the notary fees if I decide to buy a property?
The notary fees are between 3.5 – 5% of the purchase price. This depends on the size of the property. We offer you legal advice on site and can assist you with the formalities with our German and Swiss client managers if you wish. This depends on the size of the property. We offer you legal advice on site and can assist you with the formalities with our German and Swiss client managers if you wish.
What other costs are involved in buying or renting a villa?
Taxes are a maximum of 150 euros per year, depending on the size of the house.
The costs for the community include maintenance of the gardens, pool area and waste disposal and cost around 9 euros per square meter of living space per year. Expenses for electricity and water are individual depending on use. For TV / Internet please calculate with monthly costs of max. 20-50 Euro.
How are the houses heated and what costs can be expected?
As the climate is very mild and very rarely falls below 0 degrees, all villas are equipped with air conditioning and ensure a pleasant indoor climate in both winter and summer
On request, it is also possible to install heating or underfloor heating, but this is not included in the purchase price. The heating costs are billed with the electricity costs and amount to approx. 20 euros / month.
Sun protection available (external blinds, roller shutters)
Sun protection and shutters are not included in the purchase price and can be installed for you at the planning stage or at a later date.
The distance of 4km to the airport is a knock-out criterion?
We can understand this very well and is a knock-out criterion for many interested parties. However, the airfield is located with the runway outside the complex so that our residents can enjoy their well-deserved retirement or vacation without noise pollution.
Can I also work on the side to supplement my pension?
Many retirees ask themselves whether they will be able to work there after moving to Bulgaria. The answer is clearly YES! With the identification card you have full work authorization during your stay in Bulgaria. You can supplement your pension without any complicated bureaucratic special permits.
To take out additional insurance for emigration to Bulgaria or not?
As a pensioner, you are fully entitled to health insurance that covers you in all medical emergencies and matters, so separate international insurance is not necessary. Nevertheless, many of our clients who emigrate take out additional international health insurance.
As this offer is valid worldwide, you are not tied to individual insurance offers. If you are thinking about taking out social or additional health insurance, it is best to do so before you leave for Bulgaria. Our trained staff will be happy to advise you.
I would like to emigrate to Bulgaria! How do I get a residence permit?
If you have decided to emigrate to Bulgaria, all you need is your identity card or passport. As Bulgaria is part of the European Union, immigration is straightforward.
First you have to register at the police station in Bulgaria. There you will be issued your residence permit – with your personal identification card. With this card, you are now entitled to live in Bulgaria until your identity card or passport expires.
What language is spoken in Bulgaria or at the resort?
Many people on the Black Sea coast speak German and English and the local population is very open and hospitable
and helpful. Due to the influx of many pensioners from EU countries, it is perfectly feasible to develop friendships and spend time together.
How does this work with the re-registration of my car?
Very uncomplicated and can be completed in one day with our help. The costs for car insurance are many times lower than in Germany.
How does this work with my pension?
You must deregister in your country and register in Bulgaria. The pension will then be transferred to the account in Bulgaria. According to the agreement in the double taxation treaties within the EU, the source country is always responsible for the taxation of pensions! However, you still have the option of drawing your pension from your current account.