Each year, you should keep in mind 3 costs for your apartment in St. Ivan Rilski Hotel, SPA & Apartments:
1) Every physical and legal person in Bulgaria owes two kinds of communal taxes when owning a property in Bulgaria: tax on real estate properties (i.e. buildings) and a fee for waste disposal. The value of the communal taxes for St. Ivan Rilski Hotel, SPA & Apartments apartments for this year varies between BGN 80 and 400 (EUR 40 – 200).
2) The annual fee for the maintenance of the complex is set in your Contract for the Maintenance and Management of the St. Ivan Rilski Hotel, SPA & Apartments complex. The concrete costs depend on the size of your apartment. Therefore, the fee varies between EUR 600 and 1,500 per year.
3) Utility bills in Bulgaria are not high. Given the current level of utility prices and assuming normal consumption of electricity, water, telephone, Internet, cable TV, etc. the total cost of utility bills will amount to about EUR 450 – 500 per apartment per annum.
The St. Ivan Rilski Hotel, SPA & Apartments team hopes that the Buyer’s Guide has made you aware of how apartments in Bulgaria are bought, what the costs are in relation to the purchase, and how you can count on us to assist you throughout the whole process. Of course, every sale is unique, and therefore, you can also count on our individual customer approach.
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