What is the full amount of costs I am supposed to pay in relation to acquiring a real estate in Bulgaria?
– To purchase a real estate in Bulgaria, a foreign person should consider the following payments: – The purchase price of the property – The agent fee of “MyBGHome” Ltd. – Payable public and notarization charges relating to transfer of ownership of the property to be purchased (they are calculated for each specific case and generally rate at about 3% of the property. In addition, 2% of the market value of the property is paid to the municipality in which the real property is situated upon completion. – Company registration expenses rating at 600 € – Travel expenses from the relevant country to Bulgaria – Repair and reconstruction costs relating to the property after acquisition thereof to be individually estimated in each specific case depending on the property condition and customer views.
To purchase a real estate in Bulgaria, a foreign person should consider the following payments: – The purchase price of the property – The agent fee of “BulgarianESTates” Ltd. – Payable public and notarization charges relating to transfer of ownership of the property to be purchased (they are calculated for each specific case and generally rate at about 3.2% of the property cost including , 2% Municipal Tax and 1.2 % – Notary Tax. -Company registration expenses rating at 450 – Travel expenses from the relevant country to Bulgaria – Repair and reconstruction costs relating to the property after acquisition thereof to be individually estimated in each specific case depending on the property condition and customer views.
To purchase a real estate in Bulgaria, a foreign person should consider the following payments: – The purchase price of the property – The agent fee of “Bulengineering” Ltd. – Payable public and notarization charges relating to transfer of ownership of the property to be purchased (they are calculated for each specific case and generally rate at about 3% of the property cost with the maximum being BGN 3,500 (about £ 1,250). In addition, 2% of the market value of the property is paid to the municipality in which the real property is situated upon completion. – Company registration expenses rating at EUR 600 – Travel expenses from the relevant country to Bulgaria – Repair and reconstruction costs relating to the property after acquisition thereof to be individually estimated in each specific case depending on the property condition and customer views.
