Property for Sale in Bulgaria – Homes For Sale Bulgaria
Explore property for sale and homes for sale throughout Bulgaria by searching real estate listings from owners, agents, developers, and hotel owners. Whether you’re looking for land to build a new home or an investment opportunity, Bulgaria offers a variety of options.
Selling Property in Bulgaria
Homesgofast.com provides exposure to international buyers seeking holiday homes, relocation properties, second homes overseas, or investment opportunities. Consequently, our platform attracts visitors from the UK, USA, Europe, and beyond, allowing you to advertise your Bulgarian property listings effectively.
Land for Sale in Bulgaria
Use Homesgofast.com to find land for development in desirable locations such as Sofia, Plovdiv, and Varna. You can enjoy stunning urban and coastal views, proximity to cultural landmarks, and vibrant communities. Moreover, you can find land for sale near popular tourist attractions and dynamic cityscapes.
Investing in Bulgarian Real Estate
Rental Income
If you are a nonresident earning rental income in Bulgaria, you are taxed at a flat rate on the gross rental income. Unfortunately, deductions are not allowed.
Investment Property Bulgaria
Capital Gains
Capital gains from property sales are subject to local regulations. However, exemptions and deductions may apply, reducing the effective tax rate.
Inheritance
Inheritance tax is imposed at varying rates depending on the value of the estate and the relationship of the beneficiary to the deceased.
Residents
Bulgarian residents are taxed on their worldwide income, including income from property investments abroad.
For more information, the National Statistical Institute (NSI) provides independent statistics on various economic indicators.
Bulgarian Properties for Sale
Recent sales in Bulgaria include:
- A luxury villa in Sofia
- A countryside estate in Plovdiv
- Charming apartments in Varna
- Modern penthouses in Burgas
Living in Bulgaria
The rental market in major Bulgarian areas and popular tourist regions can be competitive. Rental prices vary, but you should expect to pay a premium for central and scenic locations. The demand for rental properties is high due to the influx of tourists, expatriates, and investors.
Buying a House in Bulgaria
Property transaction costs in Bulgaria typically range from 6% to 10% of the property price. Buyers are responsible for these costs, which include real estate agent fees, notary fees, and registration fees. Real estate agent commissions are usually between 3% and 6% of the sales price, plus VAT. Notary fees and other closing costs vary but are often significant.
Sofia Property
Sofia, the capital, is known for its vibrant culture, historic architecture, and diverse real estate market. Therefore, property prices are highest in central districts like Lozenets and Vitosha.
Plovdiv
Plovdiv, one of the oldest cities in Europe, is famous for its Roman ruins and lively cultural scene. It is a prime location for holiday homes and luxury properties.
Varna Real Estate
Varna offers stunning properties with breathtaking views of the Black Sea. It is a popular area for both residential and investment properties.
Burgas Real Estate
Burgas is renowned for its picturesque coastal landscapes and modern infrastructure. It offers a mix of luxury homes and high-rise apartments.
Discover Your Dream Home: Exclusive Properties for Sale
Whether you’re looking to immerse yourself in the vibrant culture of Bulgaria or seeking a serene getaway in various picturesque locations around the world, our curated list of properties offers something uniquely suited for every discerning buyer. Explore our diverse collection of luxury homes and villas, each promising a distinct lifestyle and exclusivity.
Typical Homes For Sale in Bulgaria
- Luxury Villa in Sofia
Price: $1,500,000 USD
Features: 6 Bedrooms, 7 Baths, 800m²
A lavish estate with modern amenities and expansive gardens. - Countryside Estate in Plovdiv
Price: $1,200,000 USD
Features: 5 Bedrooms, 6 Baths, 750m²
Elegantly designed villa with scenic views. - Charming Apartment in Varna
Price: $400,000 USD
Features: 3 Bedrooms, 3 Baths, 300m²
A stylish apartment in the heart of the city. - Modern Penthouse in Burgas
Price: $700,000 USD
Features: 4 Bedrooms, 5 Baths, 500m²
A contemporary penthouse with stunning city views.
Property For Sale By Owner
At Homesgofast.com, property owners have the opportunity to sell their homes directly through our platform. This allows buyers to purchase homes directly from the owners, ensuring a more personalized and potentially cost-effective transaction. By listing your property with us, you can reach a global audience and manage the sale process on your terms.
Cheap Property for Sale in Bulgaria
If you are looking for affordable options, there are many cheap houses for sale in Bulgaria. Homes for sale in Bulgaria can range from budget-friendly apartments to charming homes. These properties provide an excellent opportunity for first-time buyers and investors looking for cost-effective real estate options.
More Areas Where Homesgofast.com Helps Sell Bulgarian Property
- Ruse Real Estate Listings
- Stara Zagora Real Estate Listings
- Pleven Real Estate Listings
- Sliven Real Estate Listings
- Dobrich Real Estate Listings
- Shumen Real Estate Listings
- Pernik Real Estate Listings
- Haskovo Real Estate Listings
Resources
More about Bulgaria here: Bulgaria
FAQs About Bulgaria Real Estate for Foreign Buyers
Can foreigners buy property in Bulgaria?
Yes, foreigners can buy property in Bulgaria. However, it is important to be aware of the local regulations and restrictions that may apply.
What are the ownership restrictions for foreigners?
Foreigners can purchase property in Bulgaria without significant restrictions. However, owning land might have additional regulations, particularly agricultural land.
What is the process for buying property in Bulgaria?
The process for buying property in Bulgaria includes finding a property, signing a preliminary sales agreement, conducting due diligence, signing the final sales contract, and registering the property. It is important to work with a reputable real estate agent and legal advisor.
Are there financing options available for foreign buyers?
Financing options for foreign buyers in Bulgaria are available through local banks and financial institutions. The terms and availability may vary, so it’s essential to explore different options.
What taxes and fees are associated with buying property inBulgaria?
When buying property in Bulgaria, foreign buyers need to pay registration fees, notary fees, and other administrative costs. Additionally, there may be taxes on rental income and capital gains tax on property sales.
Frequently asked questions
Common questions answered when buying or selling property in Bulgaria
Yes, UK residents can live in Bulgaria, but they will need to apply for a long-stay visa and meet residency requirements.
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Yes, anyone can move to Bulgaria, but non-EU citizens will need to meet visa and residency requirements.
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Yes, foreigners can buy property in Bulgaria, but there are some restrictions on buying land.
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Yes, you can retire to Bulgaria after Brexit, but you will need to obtain a long-stay visa and meet residency requirements.
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To get permanent residence in Bulgaria, you need to live in the country for five years with a long-term residence permit.
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Owning property in Bulgaria does not change your visa status. Without a visa, you can stay for up to 90 days in any 180-day period.
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The average house cost in Bulgaria varies, but it is generally around €50,000 to €100,000.
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The amount needed to retire in Bulgaria varies, but it is generally recommended to have at least €1,000 to €1,500 per month.
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Bulgaria is generally considered a safe place to buy property, but it’s important to do due diligence.
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Buying property in Bulgaria can be a good investment, but it’s important to consider market trends and property conditions.
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Investing in property in Bulgaria can be worthwhile, especially in tourist areas and cities with growth potential.
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Disadvantages of living in Bulgaria include language barriers, bureaucratic challenges, and lower-quality infrastructure.
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Property law in Bulgaria includes obtaining a Bulgarian ID number, signing a notary deed, and registering the property with the Land Registry.
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Popular places to buy property in Bulgaria include Sofia, Plovdiv, and the Black Sea coast.
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The best places to live in Bulgaria include Sofia, Plovdiv, Varna, and Burgas.
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Bulgaria property is cheap due to lower demand, lower labor costs, and economic factors.
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Where to find more out about Bulgaria
President’s Official Site