What a buyer pays in Bulgaria
On top of the price, the buyer usually pays four things: the notary fee under the Bulgarian notary fee tariff, 20% VAT on that fee, a 0.1% registry fee to the Registry Agency, and a local transfer tax. In Sofia the local tax is 3%.
The seller may agree to cover part of the costs. If you buy with a mortgage, the bank adds its own valuation, loan and mortgage fees, which are not included here.
What the costs are based on
Fees and the local tax are calculated on the higher of the agreed price and the tax valuation of the property. The municipality issues the tax valuation and it is usually below the market price, so in most cases the base is the price.
Gifting a property
For a gift the base is the tax valuation. Children, parents, grandchildren and spouses pay no gift tax. Siblings, their children and anyone else pay a rate set by the municipality. The calculator uses Sofia's rates, which you can change.
When the notary fee is doubled
If the notary drafts the deed, the fee is doubled under Bulgarian law. That is why the draft is usually prepared by a lawyer or the agency.
FAQ
Who pays the notary fees when buying a property in Bulgaria?
By law the buyer pays the taxes and fees unless the parties agree otherwise. Costs are often shared or taken into account when negotiating the price.
What is the property transfer tax in Sofia?
In Sofia the local transfer tax is 3% of the higher of the price and the tax valuation.
Is there a maximum notary fee?
Yes. Under the tariff the fee for one deed is capped at BGN 6,000 (about €3,068) before VAT.
Do foreigners pay different fees?
No, the fees and taxes are the same. A foreigner who does not speak Bulgarian also needs a sworn translator at the notary.