Acquisition of a commercial real estate with a guaranteed income on behalf of a Bulgarian citizen living in Austria


We advised and assisted the client during the entire real estate purchase procedure. We provided title due diligence, negotiated and redrafted the preliminary contract provided by the seller. Furthermore we participated in the negotiations between the parties.

On the day of the signing of the title deed, we accompanied our client. Ms. Baldzhieva assisted him during the entire process. Additionally, we advised our client on the tax implications of the purchase and assisted him in the whole procedure of VAT registration.

Our main task was to find the decision that fits our client’s best interest, as well as to gather all the required documents and submit them with the National Revenue Agency. Finally in October 2019 the VAT registration was successfully completed. As a result in November 2019 we closed the deal.

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