The cost of buying property in Bulgaria: taxes & fees
If you’re considering buying property in Bulgaria, it’s essential to understand the associated costs and taxes. This guide will provide an overview of one-off purchase costs, as well as ongoing expenses related to property ownership.
In Bulgaria, these costs can vary widely based on the value and location of the property. We recommend consulting with a qualified local lawyer or accountant for the most accurate information tailored to your situation.
One-off Purchase Costs
When buying property in Bulgaria, one-off costs are a significant part of your budget. These costs typically include transfer tax, notary fees, and legal charges.
Transfer tax usually ranges from 2-4% of the property's price, depending on the municipality, while notary fees can vary but are generally around 0.1-1%.
Worked Example
Let’s say you purchase a property for the typical median price of €79,000. You might budget for around €3,160 to €3,160 as transfer tax.
On top of that, expect to pay notary fees of around €300. This could give a rough estimate of total one-off costs at approximately €3,460.
Recurring Costs of Ownership
Beyond the initial purchase costs, property ownership incurs annual expenses such as property tax, community fees, and utilities. Property tax can range widely based on the property's location and value, often between 0.1-0.5%.
Additionally, condominium or community fees can vary; these often range from €10 to €200 a month based on services provided.
Utilities and Insurance
Monthly utility costs (water, electricity, heating) may average around €100-250 depending on the size and nature of the property. You'll also want to consider insurance, which can depend on property value and is typically an additional annual expense.
Mortgage Costs for Non-Residents
Non-residents may face different conditions when seeking a mortgage in Bulgaria. Generally, banks tend to offer lower LTV (loan-to-value) ratios and higher interest rates.
It’s advisable to consult with a local financial advisor or bank to understand the specific options and costs relevant to your financial situation.
Frequently asked questions
What is the transfer tax in Bulgaria?
Transfer tax generally ranges from 2-4% of the property price depending on the municipality.
What are the typical one-off costs on top of the property price?
Expect to budget for transfer tax, notary fees (around 0.1-1%), and legal fees.
How much are annual property taxes in Bulgaria?
Annual property taxes typically range from 0.1-0.5% of the property value, depending on its location.
What can I expect for community or condo fees?
Community or condo fees can range from €10 to €200 a month, varying based on services and property type.
Are mortgages available for non-residents in Bulgaria?
Yes, but non-residents may encounter stricter lending criteria and higher interest rates. It's best to consult a local bank.
This guide is general information, not legal, tax or immigration advice. Rules change — verify the current position with official sources and a qualified professional before acting. Last reviewed July 2026.