Annual accounts and accounting service

Stratos Properties Ltd. offers annual accounts and accounting service of the newly set up companies. According to the Bulgarian legislation, all foreign investors having bought property in Bulgaria in their capacity of legal entities, can be supplied with accountancy and administrative services through the companies registered on them in order to strictly keep all laws of the Republic of Bulgaria.
The Bulgarian laws do not let foreign investors to own their own property on the territory of the country as physical persons. This, however, does not concern legal entities with foreign participation, established by the Bulgarian legislation. For that reason, in order to carry out their intention to purchase a property in Bulgaria most investors register a company. Owning a company in our country is a complicated and difficult process. Difficult because it is necessary to possess substantial, profound knowledge on the currently operating Bulgarian legislation and at the same time complicated because the laws concerning the accounting and tax policy of our country have to be strictly observed. The sanctions imposed for failure of or delay in their observing are very strong and are always accompanied by tax checkup of your company regardless of the fact that it can be kept open with taking into account the sole purpose of purchasing a property and even it may not be actively functioning.
According to our Accounting legislation, each registered company is obliged to present annual balance by preparing annual tax report, which along with the tax declaration should be presented in front of the local Tax Office not later than 31 March each year. The penalty for failing to declare as well as for drawing up a document with untruthful content is imposing a fine which starts from 2000 BGN( about 1000 EUR).
If the overall accountancy servicing of your company has not been accurately kept or the time terms have not been observed, your company will have to pay considerable fines, assuming the whole stringency of the Bulgarian laws and can expect audit inspection. Your company is considered to be functioning with the undertaking of all kinds of improvements in relation with the property purchased by you including partial repairs, overhauls or other reconstructions. Besides, your company is considered to be operational if you rent the property out and receive regular income from it. This includes accepting or issuing invoices, receipts, bank statements and documents, payment of local taxes and fees, as well as the services of a qualified accountant.
If you engage our company for carrying out the overall accounting and administrative servicing of your company then we will represent you in front of all state institutions.
For companies that have only been registered with the sole purpose of buying a property or which do not perform any activity our company could prepare an annual tax report as well as the submitting of the annual tax declaration into the local Tax Office. If your company is operational the charge is payable on a monthly basis and is subject to additional agreement depending on the services that have been required. If you need further information, please do not hesitate to contact us: info@stratosproperties.com.

Categorization of the property

In order our company to be able to categorize your property, it should correspond to certain requirements.
It is essential to have Act 16 and a use permit with view legal functioning of the company and management. For this purpose a procedure for issuing these documents is necessary to be started. It is connected to the organization and filling of a number of papers as well as their submitting into the various state institutions.
We keep constantly in touch with the local municipal office where the property purchased by you is located. If you desire to rent it out, on a short or long-term basis you need to have a permit for practicing this type of activity. Our agency can assist you in organizing, preparing and supplying all documents necessary for getting a license issued by the Municipality as well as receiving it on your behalf as an owner of the property.
An important requirement for the undisturbed management of your property is to ensure it through “Insurance for movable and immovable property”. Subject to indemnity according to this insurance are damages,  including damages, losses, and/or expenses, on the insured property directly resulting from- fire, flood, frosting, landsliding, earthquake as well as malicious actions by 3rd parties.
In order to guarantee the undisturbed, safe stay of your tenants, they need to get a Health and Life insurance done. Our team can assist you in preparing this insurance on your behalf.
If you wish to rent your property out, then it has to be furnished according to the legal requirements which cover the standard of its categorization. We can offer you various attractive furniture packs for your apartments. These are exclusively well-priced and will include everything necessary to make your home livable and fit for rental. For further information refer your enquiries to this address info@stratosproperties.com.
An important requirement is the maintenance of the common parts of the property as well as the adjacent gardens, swimming pools, playgrounds and carpark places. They have to be fully finished, in excellent condition, as well as regularly cleaned and maintained. Such cares are of primary importance for the complexes of holiday apartments that are being rented.

Cosmetic and overall repairs
Cosmetic and overall repairs of objects for sale by order of the owners with aims to increase of their quality, consultations and competent and professional presentation of the properties all around the world which are announced for sale.
For our clients, who have bought property within the territory of our country and wishing to permanently reside here, our company offers overall repairs of properties and their bringing into excellent condition turning them into a modern home. For that purpose, we have at our disposal mobile teams of builders who are engaged in major or more casual repair works on the territory of the whole country, depending on the wish and the budget of their owners and the assigners respectively.
Before starting the respective reconstruction, our builder specialist prepares an offer for the necessary Construction and Assembly Works which will be in conformation with the owner’s desire. Once it has been approved and the construction contracts have been signed the actual repair works can be started.
Bringing properties, especially village houses into a livable condition is absolutely essential due to the poor condition in which they are often to be found and due to the differences in the ideas of comfort that each of the owners of these properties has.
Our customers often engage us for repairing their properties with view of increasing the advantages of the properties or their faster resale whereby to all it is clear that properties in better livable condition find their buyer easier.
For that purpose, after or even before the acquisition of the property, the client has the opportunity to get advantage of our service- Preliminary viewing of the condition- whereby an independent building expert prepares a report for the current condition of the property and gives recommendations as to defects that are to be removed or relative renovation.
Our company could offer you video material of the properties and comprehensive written description of both the property itself and the surrounding region so even if you do not have the physical capability of visiting our country and view it yourself you will be able to get the impression that you have already been there and are familiar with all details.
Apart from the reconstruction and individual architectural projects depending on your needs, we can offer you extending the built-up area of the building, if necessary, and the living area in turn. For this purpose, however, an additional planning permit issued by the local municipality will be needed which we can take care of as well.
Our architects could draw up a project of the building corresponding to the maximum degree to both your budget and requirements and to the architectural features of the region or it can be in a completely different style if your desire is such.
Our company can assist you in every way for bringing your property in a condition you dream of and will do that promptly, professionally, qualitatively and at a reasonable price.
For all means that will be used for the reconstruction or the building the respective contracts will be signed and reports for the assigner will be prepared, which will guarantee that the responsibilities and the obligations of both sides will be kept. If you need any further information, please do not hesitate to contact us: info@stratosproperties.com.

Furnishing of properties

Our company has created a website designed for selling furniture on Internet. Our company deals with the overall management of real estate on the territory of the Republic of Bulgaria. These are properties located in attractive seaside and ski resorts, places of historical significance, among beautiful nature, of well developed village tourism, as well as in the big district centers in the country.
The necessity of bringing these properties into proper condition with respect to the furnishing, so that they can be associated with certain category and be competitive on the rental market has imposed on our company to develop this type of business. This guarantees the satisfying of all its clients’ requirements to the utmost extent while the properties correspond to the criteria set by the respective state institutions for appropriate categorization.
The offered furnishing corresponds to the world standards for quality. It is manufactured out of materials produced by leading European companies, their projecting is at the hands of the best designers of the country. Their delivery and servicing is insured in every point in Bulgaria.
We offer:
1. Furnishing for homes and offices
2. Furnishing for hotels and villas including reception desks, servicing and staff premises
3. Furnishing for restaurants, cafes, lobby bars
4. Furnishing for shops
5. Specialized furnishing for fitness centers, spa centers, swimming pools and so on.
Through all these we guarantee satisfying the requirements of the most exacting clients - owners, tour operators or tenants, which is especially important to us as a company dealing in the management of real estate. Through these offers we ensure perfect condition of your properties and guarantee prompt return on the investments by conditions set by us and namely: we will assist you with the categorization of your property in such a way that it will correspond to the requirements of the authorized state institutions and so you will be able to rent it out during the time when you are not there.

Insurance of real estates and tenants

Covered Risks and Exclusions under Home and Contents Insurance

The Insured is insured for loss or damage to his/her Home and Contents caused during the Insurance Coverage Period directly by any of the following insured events

(1) Fire or Explosion, but not loss or damage to any item caused by scorching, melting, or charring without flames;

(2) Storm (including cylclone or hurricane) and/or rain, which may be accompanied by snow, sleet or hail, but not loss or damage caused by:

(2a) mildew, mould and other microorganisms ;

(2b) atmospheric or climatic conditions other than storm;

(2c) water entering the property through an opening made for the purpose of alterations, additions, renovations and repair;

(2d) water seeping into the Home through a wall, ceiling, roof or floor;

(3) Lightning or thunderbolt, but not loss or damage caused by fluctuations in the power supply, unless there is evidence that the damage was caused by a direct lightning strike;

(4) Earthquake, provided:

(4a) all destruction or damage occurring within a period of 48 hours of the earthquake is regarded as the one insured event;

(4b) the amount of the due indemnity shall be reduced with 3% of the sum insured of the Home and/or Contents;

(5) Flood (inundation of normally dry land by water from any watercourse, lake, canal, dam or reservoir), provided the amount of the due indemnity shall be reduced with 3% of the sum insured of the Home and/or Contents;

(6) Theft of electronic appliances by forcible and violent means, but not more than Euro 1000 for one occurrence and in aggregate for one Insurance Coverage Period;

(7) Malicious acts, but not loss or damage intentionally caused by the Insured, a member of the Insured's family, a direct or lateral relative of the Insured, a tenant of, or visitors of a tenant of, the Home, but not more than Euro 5000 for one occurrence and in aggregate for one Insurance Coverage Period;

(8) Bursting or leaking of fixed pipes used to hold or carry liquid of any kind, but not loss or damage which occurs gradually over time, provided the Insurer shall not pay:

(8a) for repair or replacement of the apparatus, tank or pipe itself;

(8b) provided the amount of the due indemnity shall be reduced with 100 euro .

(9) Impact by:

(9a) a vehicle, an aircraft or a waterborne craft;

(9b) space debris or debris from an aircraft, rocket or satellite;

(9c) an animal;

(9d) a falling tree or part of a tree;

(9e) a mast or a television or radio aerial that has broken or collapsed;

but not loss or damage caused by:

-  an animal kept in the Home;

-  rodents, vermin, or moth

Juridical issues

Maintenance of real estates
The properties whose management our company engages with, have been brought in the condition proper for categorization in advance, or have been assigned to us for furnishing and categorization with the respective Property Management Contract. Meanwhile we take care of all procedures to satisfy the requirements of the owners and to apply to the state authorities so that the respective buildings or other properties start returning on the investments of their owners.
Our company accepts properties for management on certain conditions depending on the location, size, condition, accessibility and the interest on the part of tourists in the respective regions. For the properties that have been approved by our expert panel we provide all-year or seasonal maintenance depending on the arrangement with the owners as well as maintenance of the common parts.
The following services are included in this maintenance:
1. 24 hour security
2. Hygienic maintenance- twice, three times a week  
3. Maintaining and repairing the common parts by carrying out a major, current and emergency repairs
4. Organizing and managing all exploitation expenses for using the common parts and systems of the building( eclectic energy, water supply, heating, telephone, etc.)
5. Signing an insurance for the whole buildings or separate apartments or properties, which covers the following damages: fire- basic coverage( fire including damages related to its extinguishing, lightening/ thunder, explosion, falling of piloted flying object or load; natural calamities: storm, hurricane, whirlwind, wind spout, hailstorm, downpour, flood, damages resulting from the weight of naturally accumulated snow or ice, frosting; earthquake, water or steam leakage( out of pipe installations and appliances connected to them).
Our company offers additional insurance of property, located in the apartment of the client in return for extra payment covering the risks of stealing and vandalism.
Our company often combines the maintaining of the common parts of buildings and complexes with the management of single or groups of apartments in these buildings, owned by various physical and legal entities.
The management of apartments and villas, related to fixing breakdowns, security, cleaning and maintaining the premises and the gardens as well as to rental, arranging payments and even companies management takes place by signing the respective Property Management Contract. This gives the owners the opportunity to choose a full or partial service package depending on the features of the property and on their individual desires and possibilities.
For more information, please post your enquiries to info@stratosproperties.com

Market assessment forecast
We provide you assistance in helping you orientating in the real estate market.
Very often the owners of properties, especially those who permanently live abroad, do not have a right idea of the market situation and the real market price of the properties which they own at the moment of taking the decision to sell. In fact, this is of great importance in the process of forming the exact price of the properties that are for sale since their incorrect formation can lead to both- a particularly continuous presence of the properties on the market, whose owners wish to sell them because they incur expenses as well as it could collapse over time if left unmaintained. The owners of such properties could lose from the exceptionally low price or the prompt sale of properties at irregularly formed price.
Our objective is to offer to the owners of properties adequate and attractive prices through specifically trained specialists and specifically worked-out expert methods so that the property will be admissible for the market and will find its buyer in a reasonable period of time, whereby its owner will manage to realize decent income depending on the means and the efforts that have been put into it. If you need further information, please do not hesitate to contact us  info@stratosproperties.com

Market Research
The information regarding the estates for rental in the top-tourist destinations in Bulgaria and the offers of our customers whose properties our company manages featured is updated on a daily basis. We offer this type of surveying with the view of clearly presenting the market situation to the owners of properties that have been or are about to be categorized and their owners wish to get a clearer idea of the income they might get for a certain period of time determined by them.

This information is important to owners of properties which often plays important role not only in the way of preparation of the properties and in signing management contracts but also in taking ultimate decisions in the purchase of this kind of properties.
At the moment the demand for such apartments and business properties in Bulgaria, during the tourist season and all-year round in the big cities and towns, is very high and this makes our country a preferred destination for tourists from all over the world and for investors, who have decided to invest their funds in real estate at a low risk and comparatively high yearly return.
These exactly are our customers who need our professional and competent guidance on their way to the realization of their expectations.

New construction
If you own a land plot and want to have your own home built, then you are the investor funding the building up of this home. You should be aware of the fact that the planning of territories of the municipalities is carried out by the Local Council and Mayors according to Territories Planning Law (TPL) of 2002. TPL defines building up as laying, erection and construction of buildings, premises, networks and equipment on the land plots.
The chief architect of the municipality is authorized to control these activities.
The first things you will need are:

A. A sketch/visa to design, requested in writing by the person who has the right to build on their land property. With this application filed, the chief architect of the municipality then issues a visa to design within 14 days of date of application filed. The visa to design is an identical copy of the current Detailed Town and Country Plan (DTCP) where layout, method of building, intended purpose of use, size, measurements, and distances of the project building are designated. It also states a number of requirements to be met, such as architectural and territorial, environmental, infrastructure, water and electric supply and other resources, as well as the complete set of papers, which the investor must file.

B. A shop-drawing which may be drawn by the construction company or another designer team. It has to include the architectural part along with structural, electrical, water supply and sewerage, and heating and ventilation parts. Each part must be accompanied with explanatory notes, drawings, and calculations.

C. Approval of the shop-drawing is given by the chief architect of the municipality. His task is to approve the architectural part, following prior approval of the other parts by experts of the municipality. Other authorized bodies review the compliance of the project building with regulations and standards related to:
- environmental restrictions enforceable on buildings;
- sanitary control;
- fire and accident hazards;
- technical safety and reliability of potentially hazardous equipment;
- landslide restrictions;
- and restrictions on certain kinds of buildings.
Approval or refusal is given within one month from date of submission. Pursuant to the Government Taxes Law and Local Taxes Law, the authorized bodies engaged in the review and approval collect taxes.
When the set of papers has been completed with:
- ownership deed,
- visa to design,
- approved shop-drawing in 3 copies,
- and all other binding permits issued by the specialized bodies,
then the next step is to file

D. An application for building (planning) permission
This permission is issued within 7 days from the date the application is filed and it states all factual and legal grounds for the permission to be granted, as well as terms and conditions for the execution of construction. The permission issued or refusal to issue permission may be appealed against within 14 days from the date of issue of the corresponding act.
The permission to build is considered null and void, if construction has not started within 3 years from date of permission issuance, or if the rough structure construction, roof inclusive, has not been completed within 5 years from date of issue of permission.
The next stage is:
E. Commencement of construction. Building work actually begins with the drawing up of the Protocol, which permits opening of the building site along with the building line and level. To have such a protocol signed, investors need to file an application with the Mayor’s Office. The main participants in the building process are the investor, the designer, and the builder, and they may freely enter contractual relationships abiding the law. Contracts should provide for legal obligations considering terms of time, quantity and quality of construction, assembly, erection, and mounting works to be done by the builder in conformity with the building code and norms. When the building has been finally completed, the investor and the builder draft a

F. Findings statement in which they certify that all building works have been executed in accordance with all approved plans, drawings, technical prescriptions, and contractual provisions. This statement is the actual conveyance of the building from the builder to the investor.
With thorough and appropriate organization of the entire process, the overall project completion could be carried out within several months.
Our company has gained considerable experience over the years in designing of both solid and wooden buildings of one or two floors, so we are capable of performing construction of single-family houses, buildings for public use, shops, restaurants, academic and medical centres, etc.
We will guide and give advice to the investors and we can offer them a full package of services to help their dreams come true. If you need further information- contact us: info@stratosproperties.com

Organization of the marketing
Providing an individual marketing strategy at the offering of the real estate with the aim of the best possible representation of its qualities and orientation to a proper range of possible tenants and buyers.
Many clients and investors, who are personally engaged in building or who have bought properties with view of reselling and who have renovated or have left them in the same condition and wish to put them up for sale, refer to our company for organizing the advertising of their properties.
We have at our disposal excellently trained specialists in the field of marketing who take into account the individual features of each of the properties and depending on the location and the market network arrange the advertising of each of the assigned properties.
To the building contractors engaged in the actual construction of residential or other types of buildings our company offers an extremely interesting and advantageous service package in connection with the advertising and the presentation of offplan properties.
This refers to both projects that have already been launched and with whose advertising we engage ourselves, and to organizing the advertising of projects the planning permits for which have not been issued yet.
By errand agreements with our clients our architects and computer specialists prepare 3D images of the projected buildings and our marketing department works out a comprehensive advertising strategy for each particular case while taking into account the specific features of the area, the construction, the demand and the offering.
This is especially important for the contractors because this ensures the faster sale of the built areas and this in turn leads to faster returns on investments.
In making the respective arrangements with the contractors, our company might engage with the monitoring of the construction and assembly works while periodically preparing and spreading videomaterials showing the way of construction and the current building stage of the respective buildings.
To the owners of attractive properties who would like to get advantage of our services on a respective resale and wish us to engage with the advertising of their property we offer professional advise on the price-forming and the working out of individual advertising strategies depending on the particular features. For further information refer your enquiries to info@stratosproperties.com

Organization of payments
With the property management Contract, our company can be tasked with the responsibility for all kinds of payments pertaining to the property and company of the owner according to their wishes.
Our specialists can remit to the owner all receipts by bank transfer to either a Bulgarian bank or foreign bank account. Together with the owner of the premises, our company will agree on the rate of rent for both brief tenancy (from 1 up to 29 nights), or longer tenancy (29 and more nights). With longer tenancy, 50% of the first month rent will be collected in advance.
At any time, the property manager will keep the owner informed for current, previous and future bookings, expenditures made, collected rent receipts as well as any other important circumstances related to the premises by rendering to the owner weekly or monthly statements and reports.
Acting as the agent for the owner, we will pay bills for electricity, water supply and sewerage, telephone, cable TV, and Internet, cleaning, maintenance, and security.
Owners are free to use their premises at any time, but it is necessary for them to advice us well in advance about their intended stay, so that we can make adjustments to bookings. Do not hesitate to contact us for further information on info@stratosproperties.com

Organization of viewing trips
Preparation of a viewing trip, consultations, report for the current state of a chosen property by an independent expert, project for reconstruction.
Our company takes care the investors, interested in Bulgaria to have both a useful and pleasant stay through a wide range of services which include:
1. Picking customers up, who have informed our correspondents on their arrival in advance from the airport by a company car and their accommodation at hotels booked by us or at apartments depending on the preferences and the budget of the customer.  
2. Offering of properties by viewing pictures out of the company’s database in our closest office with view of saving time and funds for transport charges on the part of the buyer while we guarantee actual viewings only of properties that have been approved after advising with specialists-correspondents and agents in our offices.
3. Arranging viewings of selected properties by company transport and advising with specialists regarding the indices of the properties and the regions, connections, the demand and the offering, the infrastructure and so on.
4. Arranging viewings of properties by criteria set by the customers in our offices: size, budget, area, stage of completion, furnishing, connections and so on out of the up-to-date database in the nearest office by regions.
5. Arranging viewings of properties pointed by the customers by location or in other sites whereby their updating and offering is taken care of by a specially assigned team of agents who ensure the information for the investors and arrange the photographing of the property and the viewing.
6. Preparing a written report by a specialist in the field of construction for the condition of a property, particularly selected by the customer and preparing an offer for possible reconstruction according to the request of the interested party.
7. Preparing a detailed description and additional video material for a selected property regardless of its location on the territory of the country, by specialists with view of the property’s more realistic representation to a customer, who is incapable of actually viewing it but is seriously interested in the property. For further information refer your enquiries to this email info@stratosproperties.com

Preparation of individual investment strategies
At the moment Bulgaria is especially popular among investors as a country in which the funds invested in real estate for a short period of time increase their market value by tens of percents and at a comparatively low market risk. Besides “the strategy of holding” the property on the market is quite popular among those wishing to join the Bulgarian market.
A high number of buyers follow namely this way of realizing decent income- the acquisition of property in an attractive region, its holding several months without changing its indices and its resale with view of realizing certain profit, whereby its level is by all means higher than keeping their funds at the bank, even at covering the costs related to the various types of transactions.
This refers to properties whose owners undertake certain steps for heightening their indices after their purchase such as renovation, overhauls, connecting communications if such are unavailable, starting procedures for getting them regulated, collecting paperwork necessary for starting construction, architectural projects of buildings and actual construction and sale of newly-built properties. These are activities which our company undertakes as specific errands by our customers and carries out through our teams of architects and builders for the shortest period possible at decent prices and of excellent quality of execution in compliance with the requirements of each particular customer.
Very often our correspondents receive enquiries from customers who have not found their way at the Bulgarian market and wish to be advised or get reports on where and what they might invest their funds in but so as to get guarantee for profit and prospects for the properties they could acquire in Bulgaria. Certainly we could not give such guarantees but our professionalism and the long-time experience of our partners make it possible each property to find its happy owner who will be able to turn it into what they wish it to be in the future. For more information refer your enquiries to info@stratosproperties.com

Preparation of investment projects
Having approved the Investment Encouraging Law and the changes in the Accountancy Law our country has taken a number of measures for attracting foreign funds, whereby ensuring their holders tax relieves and a lot of priorities especially in cases when the amount of investment exceeds 5 million US dollars, opening over 100 new jobs or drawing investments in regions of high unemployment.
Since the joining of the country to the EU the real estate market has become very dynamic. During the last 3,4 years an unusually intense interest in the Bulgarian Black Sea Coast, the mountain ski resorts, woods and plots of land included in the regulated territories of the big cities has been observed. This is with view of:
Building residential complexes
Building resort villages
Building administrative buildings
Transition of part or whole manufacture on the territory of the country
Construction of special reserve complexes with the purpose of village tourism, hunting and fishing
And a range of other investment projects of extraordinary short period of returns.
“Stratos” Ltd, considering the tendencies for price growth of fixed assets( according to forecasts by the end of 2007 land prices in Bulgaria will grow tenfold), offers the following services:

A). Performing engineering works within the limits of investments in the construction of large developments or of the separate stages and phases as follows:

1. Investigating the necessity of drawing up a project, its place, role and functions.
2. Investigating already existing similar sites in the country, their way of functioning, their advantages and drawbacks.
3. Studying the technical abilities for the realization, their adapting towards the area, the town-planning situation, the underground connections, keeping the ecological balance, etc.
4. Drawing up and developing the engineering, building and technological project by specialized teams, selecting a proper equipment and furnishing.
5. Preparing an auction for selecting building company.
6. Evaluation of incoming offers.
7. Coordination and control of the construction and assembly works, of the input materials and of the arranged time terms for execution.
8. Picking up and instructing the servicing personnel of the investor that will be engaged in the erected site or facility.
9. Releasing the site or the facility for use and its delivery to the owner-investor in a condition as previously arranged.
10. Overseeing, consulting and maintenance of the site during the time of its use and after it has been delivered.

All these services or part of them are subject to arrangements and are accompanied by a number of free services whose purpose is attracting the investors’ interest and the reliability of the Agency as an advisor and partner.

B)For medium and small investment sites, our agency offers the investment control to be realized with the help of its groups of experts performing the following tasks:
1. Preliminary studying of the whole paperwork, necessary for the site under construction and eliminating of possible mistakes or breaches.
2. Preparing a schedule for along with the building contractor and monitoring its strict execution.
3. Overseeing the quality and the quantity of the input materials, their accurate storage and keeping as well as the use of the necessary equipment and facilities.
4. Assisting in observing the requirements on labor, technical and fire safety.
5. Consulting in furnishing the buildings depending on the way of use.
6. On deciding for renting renovated or newly-built buildings out the Agency offers full property management.
Our company has extraordinarily well trained specialists at hand in the field of building projection, construction, design, furnishing; reconstruction and maintenance of properties; we have at our disposal specialists engaged in the evaluation, the categorization, the advertising and the sale of residential areas and land plots. You can consult all your plans and ideas and will get professional assistance and support, will be able to find your way in the legal frameworks of the Bulgarian legislation and will receive answers to all your questions. For further information refer your enquiries to info@stratosproperties.com

Sale of off plan properties
Our company works in close co-operation with serious and established construction companies selling ready-to-use or off plan residential and other kinds of properties. Construction companies highly appreciate our contributing them in selling their buildings, so they endeavor to be of maximum help to us to satisfy our clients’ requirements and provide them with timely information and details about the progress of building works, building materials, quality, etc.
Although we are not a party to the contract between builders and buyers, we require that builders provide profuse information on designs, drawings, and method of building for our clients.
In recent years, off-plan sales have outnumbered sales of finished apartments and to that end the Government has help tremendously by enforcing stricter rules to control the entire process of designing and building in the construction industry. Big and well-established construction companies are dominating the market and buyers can rely on their prompt and quality execution of building works.
Our company, brokering this process from the very beginning, makes the presentation and assists in the subsequent purchase of the properties along with their subsequent management.
Our company works with a great number of Bulgarian and foreign tour operators to ensure an excellent rate of occupancy of rented properties. Most buyers choose this kind of property because renting gives them the opportunity for a quick return on their investment. Another reason to justify such a choice is that they find Bulgaria a great tourist destination with excellent winter and summer resorts for enjoyable holidays.
Our company “Stratos” Ltd. is capable of providing all kinds of services with an individual approach to every single property. To learn more, you can inquire at info@stratosproperties.com.