Land Tax and Notary Fees set to increase in 2009
Land Tax and Notary Fees set to increase for 2009<< Back to list of articles
21st November 2008
One of the main purchasing costs for Bulgarian property, the Land Tax and Notary Fee, is set to increase from the start of next year by an expected 20%. It is advisable for those who are in the process of purchasing a property to complete before the end of this year to avoid the new raise in the tax.
The land tax and Notary fees are paid by the purchasers in a Bulgarian property transaction and is similar to the UK version of stamp duty.