Capital of Bulgaria, Sofia is a city in full expansion
It is as much a cultural capital that concentrates all forms of art as a tourist capital.
Architecture, art, entertainment, good restaurants and pedestrian shopping streets have everything to seduce residents, expatriates and tourists from all over the world.
One of the lowest labour costs in Europe is attracting more and more companies to Sofia to set up their headquarters and operations. All services that can be outsourced (consulting, administration, accounting, call centres, etc.) are booming in the Bulgarian capital.
As Bulgaria is a member of the EU, there are no legal obstacles to the acquisition of real estate in Bulgaria by a European national.
Lowest tax rate in Europe
Bulgaria offers the lowest tax rate in Europe and a simplified tax system. Ranked as the 9th lowest tax paying country in the world by the Bradley Hackford auditing firm.
Some key figures:
- 10% tax on property income
- 10% tax on property capital gains (MDB purchase/resale transaction)
- Total exemption from capital gains tax after 3 years of ownership
- 10% corporate income tax
- 5% tax on dividends
- Exemption from inheritance tax (ascendants, descendants)
What are the strengths
to invest in
real estate?
WHAT ARE THE ADVANTAGES OF INVESTING IN REAL ESTATE?
ACCESSIBLE REAL ESTATE WITH A HIGH RETURN
– The property market in the capital is very dynamic and offers many opportunities. New districts and luxury residences are being developed in the south of the capital.
– Yielding real estate starts at 1100€/m2
STRONG RENTAL DEMAND
– Rental demand is strong in Sofia throughout the year and rents are kept fairly high. The majority of tenants are foreign: executives, IT managers, diplomats and foreign students.
l’ aventure commence maintenant !
We speak your lifestyle
A lifestyle property is a property that fits your style of life and values.
Our tailor-made service will adapt to your search for the villa or flat you wish to acquire.
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