Should I buy a flat in Bansko?

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Tsar
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Should I buy a flat in Bansko?

Post by Tsar »

I know it would be better if I just used AirBnB but I figure I need at least one permanent address in the world and a place to really call my home, since I am homeless but not true homeless.

I see properties for €12,000-€20,000 all the time. I figure I pay most of my remaining money for it and try to apply for small loan if needed to cover any commissions and fees. I still travel in summers but girls as my #1 priority get pushed back another year or two.

I work on developing online websites sort of like Winston, RooshV, and famous bloggers. I also focus on writing eBooks. A mass amount to sell on Amazon for Kindle. Short erotic stories for niche audiences sell well and even if one only sells 3-5 times a month, I could easily write 100 of them in a year.

While I also work on a masterpiece novel or novel series that will hopefully be as great as Game of Thrones or Harry Potter or Lord of the Rings.

Then in 2022, I would begin my search for a girl.

By then, Covid-19 should be a distant memory that people quickly forget about in normal times again... assuming most of the world returns to normal...
I'm a visionary and a philosopher king 👑
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Yohan
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Re: Should I buy a flat in Bansko?

Post by Yohan »

It depends on the situation.

If you stay for a longer time, at least more than 5 to 8 years in the same area, just my experience, it makes sense to buy your own home and not to pay rent.

(rem. I am the owner of my condo in Thailand and in Japan, I also was owner of my condo while still living in Austria)

As a foreigner you have to consider rules/laws regarding your own citizenship in the foreign country for longstay - visa, working permit, and if the property is really after the sale registered in your own name only. Not to forget health insurance, eventually pay for a retirement fond etc.

Politics is changing sometimes the rules about entering and leaving a country, as we see now with covid-19.

Also if you buy a property, consider the location to public transport, neighborhood, hospital facilities, supermarket etc.

To be cheap but outside somewhere in a nobody area makes no sense for most foreigners.

Also if this is a condominium building consider which floor, elevators, maintencance fees, general condition, danger of flood if near a river etc. -

In general, condo units if they have some security and you live in the upper floors are fairly safe against burglary.
A condo unit is often better than a house and easier to register to foreigner's name compared to land/house in many countries. Especially when you are not living there all the time, as the house administration takes care of maintenance and repairings.

Finally never take all your money out for your native country (you are from USA or UK I guess) - always consider an escape route, planing ahead - in case of a serious problems, economically or politically etc. you know where to go and leave quickly.
Tsar
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Re: Should I buy a flat in Bansko?

Post by Tsar »

Yohan wrote:
December 27th, 2020, 7:55 am
It depends on the situation.

If you stay for a longer time, at least more than 5 to 8 years in the same area, just my experience, it makes sense to buy your own home and not to pay rent.

(rem. I am the owner of my condo in Thailand and in Japan, I also was owner of my condo while still living in Austria)

As a foreigner you have to consider rules/laws regarding your own citizenship in the foreign country for longstay - visa, working permit, and if the property is really after the sale registered in your own name only. Not to forget health insurance, eventually pay for a retirement fond etc.

Politics is changing sometimes the rules about entering and leaving a country, as we see now with covid-19.

Also if you buy a property, consider the location to public transport, neighborhood, hospital facilities, supermarket etc.

To be cheap but outside somewhere in a nobody area makes no sense for most foreigners.

Also if this is a condominium building consider which floor, elevators, maintencance fees, general condition, danger of flood if near a river etc. -

In general, condo units if they have some security and you live in the upper floors are fairly safe against burglary.
A condo unit is often better than a house and easier to register to foreigner's name compared to land/house in many countries. Especially when you are not living there all the time, as the house administration takes care of maintenance and repairings.

Finally never take all your money out for your native country (you are from USA or UK I guess) - always consider an escape route, planing ahead - in case of a serious problems, economically or politically etc. you know where to go and leave quickly.
Yes, I am from the US and that is why I am essentially homeless.

I don't think there would be much homelessness in the UK because I heard the UK has some of the best welfare programs for the poor in all Europe.

I am an EU citizen so I can live in the European Union.

I always look for Supermarkets near every potential flat. That is the #1 place I want nearby. #2 is a bank. #3 is a pharmacy.

Could I PM you different properties and you tell me what you think about them? I know I will be here long-term. I think I want to stay in the general region of Sofia or around Sofia, or maybe try Varna in the Spring.
I'm a visionary and a philosopher king 👑
yick
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Re: Should I buy a flat in Bansko?

Post by yick »

Tsar wrote:
December 27th, 2020, 9:13 am
inally never take all your money out for your native country (you are from USA or UK I guess) - always consider an escape route, planing ahead - in case of a serious problems, economically or politically etc. you know where to go and leave quickly.
Yes, I am from the US and that is why I am essentially homeless.



I don't think there would be much homelessness in the UK because I heard the UK has some of the best welfare programs for the poor in all Europe.

I am an EU citizen so I can live in the European Union.


[/quote]

You're an UTTER bum.

You have THREE days to get your arse to the UK to claim some of those benefits because in four days from now, your EU citizenship is going to get you jack squat as in regards benefits.
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Yohan
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Re: Should I buy a flat in Bansko?

Post by Yohan »

Tsar wrote:
December 27th, 2020, 9:13 am
I am an EU citizen so I can live in the European Union.
.....
Could I PM you different properties and you tell me what you think about them? I know I will be here long-term. I think I want to stay in the general region of Sofia or around Sofia, or maybe try Varna in the Spring.
What is your EU-citizenship? If it is UK, you will have to apply for a long-stay visa if you want to live in EU and not in UK.

Next year 2021, UK is not a member of EU any longer.

Please verify the conditions/visa permit before you consider to buy any property within EU.
In general to buy condo units is easy, however to be the owner is not the same as to be allowed to live long-stay in that country.

About myself, I had a long-stay pensioner permit with unlimited re-entry for my stay in Thailand over several years. Now expired, because of this covid-19 entry regulations. Therefore at this moment, it is difficult (but not impossible - plenty of requirements to fulfill) to enter and stay long-term in my own rooms in Thailand ....

----

About any property in EU, I am living in Asia since more than 40 years, sorry, but I am not familiar with the real estate situation in Europe at all.
Tsar
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Re: Should I buy a flat in Bansko?

Post by Tsar »

yick wrote:
December 27th, 2020, 6:59 pm
Rubbish. Not worth anyone reading. Deleted.
You're an UTTER muppet! Rubbish words from a Tramp of a man.

Why would I ever want to live in the UK? It might be better with welfare programs overall but it is still Anglo and more expensive than America...but too many violent people and knife violence.

I have Finland which if I really lose a lot of money, I go to Finland and get on the Kela for Residents of Finland. Residents includes people who intend to establish residence in Finland.
I'm a visionary and a philosopher king 👑
yick
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Re: Should I buy a flat in Bansko?

Post by yick »

Tsar wrote:
December 28th, 2020, 12:38 am
yick wrote:
December 27th, 2020, 6:59 pm
Rubbish. Not worth anyone reading. Deleted.
You're an UTTER muppet! Rubbish words from a Tramp of a man.

Why would I ever want to live in the UK? It might be better with welfare programs overall but it is still Anglo and more expensive than America...but too many violent people and knife violence.

I have Finland which if I really lose a lot of money, I go to Finland and get on the Kela for Residents of Finland. Residents includes people who intend to establish residence in Finland.
:lol:

I am not the one trying to going around Europe trying to scav dole. The Finns won't give you kela without you contributing to the funds - secondly, before you get residence you need to show you have funds for your living expenses and that you won't be a burden on the state (that's in most EU countries apart from the UK before we left the EU).

How about getting a job and working and contributing some of your wages to the local tax regime and maybe you can spend a year or two on the dole. :roll:
yick
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Re: Should I buy a flat in Bansko?

Post by yick »

https://migri.fi/en/registration-of-right-of-residence

Why am I doing your research when it takes two minutes of Google... :roll:
JohnWu
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Re: Should I buy a flat in Bansko?

Post by JohnWu »

yes, indeed, it seems to me that getting a job, even if not for a full day, would be better than waiting for unemployment benefits. Plus, the stated amount is unlikely to be enough for something sensible, I think for a good studio, somewhere not at all in the center, you need from 30,000 ... well, at least I've seen such, cheaper - no
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