€800,000
Penthouse in the centre of Sofia
Property Investment in Bulgaria as a Foreigner
Bulgaria prohibits selling land to non-EU citizens. A land plot with a house can be bought for a legal entity if it’s a Bulgarian company.
The sale of flats in apartment buildings is not limited: you can freely buy, sell or rent them.
Statistics confirm the liquidity of investments: residential real estate prices grow by an average of 1.9% every quarter. Five years ago, an apartment of 100 m² cost an average of €96,000, and today it is sold for €138,000.
€1,381
Average price per 1 m²
€300,000
Real estate investment for residency
3—11%
Associated costs, of the property value
How the residential property price index is growing in Bulgaria
Cost of a 3-bedroom apartment in Bulgaria
€400,000
Apartment in the centre of Sofia or Varna
€200,000
Apartment in Burgas
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Bulgaria residence permit or citizenship by real estate investment
Bulgaria has a state residence permit program for property buyers. A residence permit is obtained by purchasing a property worth at least €300,000.
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Trusted by 10,000+ investorsTaxes and associated costs
Purchase taxes
Property buyers pay a transfer tax and special fees. Associated costs will range from 2.8% to 10.6% of the purchase agreement value. When buying an apartment for €300,000 in Sofia, the investor will spend €346,265, including associated costs.
Ownership taxes
Real estate owners pay an annual property tax of 0.1% to 0.45% of the cadastral value. The rate depends on the region.
If the owner rents out the property, they pay a tax of 10% on the rental income.
Sale taxes
Real estate sellers pay a capital gains tax of 10% on the difference between the sale and purchase prices.
An agency fee of 5% to 6% is usually paid in half by the seller and the buyer. However, there are cases when the buyer pays the entire amount if prescribed in the sale and purchase agreement.
Countries to buy a property and get residency or citizenship
We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.
Country and status
Investments
Status
Time required
€375,000+
Permanent residency
6+ months
Show 29 properties
€375,000+Permanent residency6+ months
AED 750,000+
Residence permit
2+ months
Show 158 properties
AED 750,000+Residence permit2+ months
Not limited
Residence permit
4+ months
Show 38 properties
Not limitedResidence permit4+ months
Not limited
Residency after D Visas
6+ months
Show 73 properties
Not limitedResidency after D Visas6+ months
40+ guides with European countries
Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Property Investment in Finland as a ForeignerForeigners can freely buy and sell real estate in Finland. To purchase a land plot with a house, one needs permission from the Ministry...
€5,300
Average price per 1 m²
0,6%
Average price growth per quarter
Property Investment in Czech Republic as a ForeignerIn Czechia, foreigners can buy, sell and rent out properties without restrictions. Statistics confirm the liquidity of investments:...
€4,400
Average price per 1 m²
3%
Average price growth per quarter
Property Investment in Austria as a ForeignerThe sale of real estate to foreigners is limited in Austria: you must obtain permission from a municipality for the purchase. The...
€4,611
Average price per 1 m²
2%
Average price growth per quarter
Material prepared by Igor Buglo, Head of the Maltese office, MBA
Updated: