When purchasing real estate, a one-time acquisition tax is paid. The tax amount varies by municipality and averages 2 to 3 percent of the property’s taxable value. This tax is paid once, when the transaction is formalized with a notary.
After purchasing a property, the owner pays an annual property tax. It’s calculated based on the apartment’s tax assessment and typically ranges from 0.1 to 0.45 percent per year. The amounts are typically low and paid once a year.
In addition to the annual property tax, the owner pays a municipal waste collection fee. The amount depends on the city and property type and is also calculated based on the property’s tax assessment. This payment is mandatory even if the property is unoccupied.
Если квартира сдаётся в аренду, доход подлежит налогообложению. В Болгарии применяется фиксированная ставка подоходного налога — 10 процентов. Налог уплачивается с чистого дохода после вычета нормативных расходов.
Even if the apartment is not used or rented out, the owner is required to pay annual property taxes and waste removal fees. There are no other mandatory taxes in this case.
Owning real estate in Bulgaria does not automatically grant residency. Taxes are paid regardless of the owner’s citizenship or place of residence. If you rent property, it is important to accurately declare your income.
