Real Estate in Bulgaria

Comprehensive legal services for buying and selling, lease, due diligence and investment in real estate — for Bulgarian and foreign clients in Sofia and across the country.

Our Services
From the initial check to the title deed — we accompany you at every step
How the Transaction Works
5 steps from choosing a property to registering the ownership
1

Property Selection

Assistance with searching for and evaluating the right property

2

Due Diligence

Review of ownership, encumbrances, permits

3

Preliminary Contract

Signing and depositing earnest money on agreed terms

4

Title Deed

Transfer of ownership before a notary

5

Registration

Filing with the Property Register and municipal declaration

Full Scope of Legal Services
We advise and represent clients in all types of real estate transactions — from affordable housing to luxury holiday complexes.

We work with clients from across the EU, the US, the Middle East and Africa. In addition to Sofia, we operate in the ski resorts of Bansko, Borovets and Pamporovo, as well as on the Black Sea coast — Sunny Beach, Burgas, Varna, Balchik and Golden Sands.

Buying and selling property
Legal due diligence of property and seller
Preliminary and final contracts
Representation before a notary
Lease agreements (residential and commercial)
Tax planning for property transactions
Mortgages and security interests
Change of property status
Construction disputes and defects
Setting up a company for purchase (for non-EU citizens)
Why Invest in Property in Bulgaria?
Dynamic market, low taxes, affordable prices and EU membership
0.01–0.45%
Annual property tax
0.1–3%
Transfer tax
~6%
Gross rental yield (Sofia)
4.3%
Average mortgage interest rate
VAT on Property Transactions
The VAT regime depends on the status of the parties and the property value
SellerBuyerVAT
IndividualIndividualNo VAT
IndividualLegal entityNo VAT
Legal entity (VAT-reg.)Individual20% VAT
Legal entity (VAT-reg.)Legal entity (VAT-reg.)20% VAT (with right of refund)

EU Citizens

Since 1 January 2014, EU citizens can freely acquire real estate in Bulgaria, including land. The moratorium from the Accession Treaty has been lifted.

Non-EU Citizens

Foreign individuals from third countries cannot own land directly (constitutional restriction). The solution is to register a company in Bulgaria through which full ownership rights are acquired.

Frequently Asked Questions

Can foreigners buy property in Bulgaria? +

EU citizens can freely purchase buildings and apartments. EU nationals have also been able to buy land (including yards) since 2012. Non-EU citizens cannot own land directly but can do so through a Bulgarian company.

What taxes apply when buying property? +

The main costs include a local transfer tax (0.1% to 3% depending on the municipality; 2.5% in Sofia), notary fees (up to 1.5% on a sliding scale), a Property Register inscription fee (0.1%), and legal fees.

Is a preliminary contract legally binding? +

Yes, a preliminary contract is legally binding under Art. 19 of the Obligations and Contracts Act. In case of non-performance, either party may ask the court to declare the contract final. The customary deposit is 10% of the purchase price.

What does real estate due diligence include? +

Legal due diligence covers a 10-year chain-of-title review, encumbrance and mortgage checks at the Property Register, litigation searches, zoning and planning compliance, and verification of the seller's tax status.

What is the notary fee for property transactions? +

Notary fees are calculated on a sliding scale based on the certified material interest. For a property worth BGN 200,000, the fee is approximately BGN 1,300. The minimum fee is BGN 30 and the maximum is BGN 6,000 for transactions exceeding BGN 500,000.

Planning a property transaction in Bulgaria?

Contact us for a free initial consultation.