Call
Send Email
Messenger
WhatsApp
Tax Valuation of Properties in Bulgaria to Increase in 2009
The Bulgarian government adopted a tax law package with which it increases the tax valuation of properties by 50 percent in 2009. This measure was undertaken due to the increase of market prices of real estate and the lagging behind of the tax valuations.
The government’s decision for increasing the tax valuation will lead to the increase of the property tax. The municipalities are the ones to set the size of this tax within certain limits as the government decided next year the tax’s maximum size to be 2 promilles as at the moment it is between 1.5 and 3 promilles. Therefore, the highest property tax will amount to 2 thousandths of its valuation.
The minimum and maximum amounts of property taxes for acquisition and for inheritance of properties will be decreased so as to compensate the increase in the tax valuation.
If you have any questions please contact us
Read more news
More News
Housing prices have increased by 3.9% in the third quarter of 2024 compared to the previous quarter, according to data from the National Statistical Institute (NSI). The largest growth was recorded in Sofia (+5.4%), followed by Varna (+5.3%), Stara Zagora (+4.3%), and Burgas (+4.2%). A decrease was noted in the city of Ruse (-5.9%). On an annual basis, housing prices in Bulgaria have risen by 16.5...
🎉 Congratulations to the first Agents of the Month for 2025! 🎉
We’re kicking off the new year by announcing our Agents of January – the professionals at BULGARIAN PROPERTIES who are here to help you achieve your real estate goals!
Buying or selling a property in Bulgaria? You can count on us!
Consultations
Expert advice
...
🎉 Congratulations to the first Agents of the Month for 2025! 🎉
We’re kicking off the new year by announcing our Agents of January – the professionals at BULGARIAN PROPERTIES who are here to help you achieve your real estate goals!
Buying or selling a property in Bulgaria? You can count on us!
Consultations
Expert advice
...
Once again BULGARIAN PROPERTIES presented its awards for the best results and significant achievements during the year.
The ceremony took place in Bansko immediately after the opening of our new office in the resort, which is one of the most important for the company's activities, with the first transaction carried out in Bansko and a serious contribution to the develo...
