Taxes and fees
Once the purchasing deal is completed and the Title Deed is issued the new owner has to register in the Registry Agency according to the Bulstat Registry Law. This obligation has to take place within 7 working days following the date of the purchase. According to the Law, each owner has to declare the property he has obtained in the Local Tax Services. For this purpose the owner needs a Bulstat number which serves as an ID and allows all taxes to be paid. The property itself also has to be registered on the name of the new owner at the Cadastral Record.
Annual property tax – compounded by waste charge and tax on immovable property.
Depending on your wishes you are able to do all the formalities yourself or you could use our experience in the field and facilitate the process in exchange of a reasonable payment.
For more information please contact us »