Property taxes and fees in Bulgaria Aug05

Property taxes and fees in Bulgaria

The Local Taxes and Fees Act (LTFA) regulates the regime for taxation with property taxes and fees in Bulgaria. Here is a brief overview of the main property taxes and fees in Bulgaria. REAL ESTATE TAX With real estate tax are levied the located on the territory of the country bu...

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Buying a real estate in Bulgaria Nov15

Buying a real estate in Bulgaria

Bulgarian law allows foreign citizens or legal entities to buy a real estate in Bulgaria. EU citizens and legal entities may purchase apartments, houses with gardens, plots that are within the zoning of the settlements, apartments coming with ideal parts of the land, offices and other commercial properties. ...

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Property regimes between spouses in Bulgaria Dec10

Property regimes between spouses in Bulgaria

The Bulgarian Family Code regulates three property regimes between spouses. They can also change the property regime during the marriage. The applicable property regime shall be registered at the Registry Agency. The registration is performed ex officio on the basis of a notice from the municipality th...

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Rental contract in Bulgaria Feb11

Rental contract in Bulgaria

Under the rental contract in Bulgaria the lessor (or the landlord) provides to the lessee (or the tenant) the right to use the property for a specified term, and the lessee - to pay him the agreed rental price. According to the Bulgarian law, even an oral rental agreement is valid. It is, however, strongly recommend...

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Lease of agricultural land in Bulgaria Jun18

Lease of agricultural land in Bulgaria

Foreigners and foreign legal entities may lease an agricultural land in Bulgaria. A farm lease agreement binds the lessor to convey to the lessee the agreed assets for and the lessee to pay the agreed lease payments. A deed contract as well as an agreement for its amendment or termination can be concluded with a...

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After BREXIT: Buying a property in Bulgaria Dec19

After BREXIT: Buying a property in Bulgaria

Brexit has changed the regime and the possibility of British nationals to buy a property in Bulgaria. As per 31.12.2020, , the United Kingdom will be treated as a third country outside the EU and EEA. As of 01.01.2021, Brit...

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