Selling an apartment requires good preparation, especially regarding documents. If you are planning to sell a property in Plovdiv or Bulgaria, having all the necessary documents will speed up the transaction and avoid delays.
Main documents for selling an apartment
1. Notary deed of ownership
The main document proving that you are the owner of the property. Without it, the transaction cannot be completed.
2. Certificate of encumbrances
Issued by the Property Register, it shows whether the property has mortgages, seizures, or other encumbrances. It is usually required for the last 10 years.
3. Tax valuation of the property
Issued by the relevant municipality. It is needed for the transaction and to determine the due fees.
4. Sketch or diagram of the property
Issued by the Cadastre (for an apartment – a diagram). It contains information about the area, layout, and identifier.
5. Certificate of marital status
Required in certain cases – for example, if the property was acquired during marriage.
6. Certificate of no outstanding debts to the municipality
Proves that all local taxes and fees for the property have been paid.
7. Document for paid bills
Sometimes the buyer requires certificates for paid utilities – electricity, water, heating.
Additional documents (in specific cases)
- Act 16 – for new construction
- Usage permit
- Certificate of heirs – for inherited property
- Power of attorney – if the transaction is carried out through a representative
- Loan agreement and certificate from the bank – if there is a mortgage
How to prepare the documents faster?
- Check in advance what is missing
- Obtain documents with a valid period (some have limited validity)
- Work with a broker who will coordinate the process
Conclusion
Preparation of all documents when selling an apartment is key for a quick and secure deal. The lack of even one document can lead to a delay or refusal by the buyer.