Kaylpi
English expat in Bulgaria
Forum posts
2
About me
English
Lives in Veliko Turnovo
Registration: 29 December 2019
Activity
Property tax/stamp duty by Mel1702
Is it common place for a much lower sale price to be put on the notary deeds than what is actually paid for the property? And is this legal? Have found a house we wish to buy but are very hesitant due to this. We have a solicitor lined up for the ...
Also, here's a useful tool I found on roughly calculating how much all the fees will be, depending on location and price of house. It's by a law firm, so you can ignore their personal fees, but it gives a good breakdown of notary and municipality ... Read More
Property tax/stamp duty by Mel1702
Is it common place for a much lower sale price to be put on the notary deeds than what is actually paid for the property? And is this legal? Have found a house we wish to buy but are very hesitant due to this. We have a solicitor lined up for the ...
From what I've heard, a lot of people do this and it results in the seller paying lower taxes on the sale of the property (capital gains tax), and you paying lower fees at the notary (2% of house value for municipal tax I believe). However, if ... Read More