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The real estate market in Sofia in the last ten years

The purchase and rental prices of real estate in Sofia have increased significantly in the last ten years. The main …

What is the difference between Act 14, Act 15, and Act 16?

If you intend to buy a property in a construction stage in Bulgaria, it is important to know the purpose …

Monetary obligations regarding common properties

The Bulgarian law governing common properties pays special attention to the monetary obligations related to such properties. They can be …

Where to invest in real estate in Sofia?

Preferred type of Property Investors in real estate in Sofia prefer to purchase fully-furnished two-bedroom apartments of about 60m².  Most …

The best regions in Sofia for real estate investments

Before investing in real estate in Sofia, it is important to consider the region in which the investment will be …

Buying a (future) property off plan in Bulgaria

Properties on plan vs Future properties on plan Purchases of properties on plan should be distinguished from purchases of future …

Investments in real estate in Bulgaria

Investments in real estate in Bulgaria are more profitable than real estate investments in many other European countries  Trud, a …

Termination of Rental Contracts

In respect to immovable properties, Bulgarian law recognises two types of rental contracts, namely, definite and indefinite contracts. Definite contracts …

Three reasons to invest in real estate in Sofia

The capital of Bulgaria, Sofia, is an attractive real estate investment destination in the European Union. This article discusses three …

Using companies for tax optimisation purposes

In Bulgaria, the use of companies can be an essential part of legal tax optimisation schemes involving real estate transactions. …

When Does VAT Apply To Real Estate Transactions?

General Principally, real estate transactions are exempt from VAT, except for transactions related to: (i) new buildings and the land …

Costs Associated With Buying Properties In Bulgaria

    Like in most other countries, the purchase of an immovable property in Bulgaria involves certain costs, namely, (i) …

Maintenance of common parts

The common parts of a property in Bulgaria include the stairs, land, the foundations, the exterior walls and gables, the …

What is the role of the notary public in Bulgaria?

When buying a property, a notary transaction needs to be signed and the involved parties should appear before a notary …

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