Question 1

Where to find a four-room apartment in Sofia city for rent?

Accepted Answer

Unique Estates offers spacious and cozy four-room apartments for rent in Sofia city in the following neighborhoods: &ldquo;Lozenets&ldquo;, &ldquo;Ivan Vazov&ldquo;, &ldquo;Iztok&ldquo;, &ldquo;Boyana&ldquo;, &ldquo;Simeonovo&ldquo;, as well as in the center of the capital.

Question 2

How to terminate a tenancy agreement?

Accepted Answer

When you wish to terminate your tenancy agreement, you must comply with the period specified in the agreement and give prior written notice. If you wish to leave earlier than this period, you must pay a penalty to the landlord.

Question 3

Where to find a four-room apartment in Sofia city for rent?

Accepted Answer

Unique Estates offers spacious and cozy four-room apartments for rent in Sofia city in the following neighborhoods: &ldquo;Lozenets&ldquo;, &ldquo;Ivan Vazov&ldquo;, &ldquo;Iztok&ldquo;, &ldquo;Boyana&ldquo;, &ldquo;Simeonovo&ldquo;, as well as in the center of the capital.

Question 4

How is a rental agreement concluded?

Accepted Answer

According to the Bulgarian legislation, a rental agreement can be concluded both in written and oral form. In both cases, the agreement is considered valid and has legal force. However, the choice of an oral agreement hides significant risks, mainly due to the difficulties in proving the agreed terms and conditions.

Question 5

How is a rental agreement prepared?

Accepted Answer

If you are considering renting out a property, your cooperation with a professional lawyer is very important. He will help you to draft all mandatory clauses of the agreement in accordance with the Obligations and Contracts Act (OCA, Articles 228-239) and the Landlord and Tenant Relationship Act.

Question 6

How is rental income declared?

Accepted Answer

There are two options for declaring rental income. In the first case, if the tenant is an uninsured natural person, it is the responsibility of the landlord to declare and pay the applicable rental income taxes. In the second case, if the tenant is a self-insured person (or enterprise), the tax amount is determined and the tax is withheld from him/ her at the time of its payment.

Question 7

Who pays the rental income tax?

Accepted Answer

When an apartment is rented out, the landlord is responsible for paying the rental income tax. This is a very important clarification, as there is a common misunderstanding among many that tenants are the taxable persons for the profit generated from the rental property.

Question 8

How to post an ad for an apartment for rent?

Accepted Answer

When you want to post an ad for an apartment for rent, the most effective approach is to use an online platform of a reliable real estate agency. One such option is Unique Estates, where we provide the opportunity to advertise your apartment for rent and use our professional services.

Question 9

How to rent out an apartment?

Accepted Answer

Renting out an apartment can be made both with the help of a real estate agency and independently.  Choosing to work with an agency provides a number of advantages that can significantly accelerate the conclusion of a rental agreement.

Question 10

Where to find luxury houses for rent in Sofia?

Accepted Answer

Luxury houses for rent in Sofia city can be found in Boyana, Malinova Dolina, Kambanite, Pancharevo.

Question 11

What are the neighborhoods with the most luxurious apartments for rent in Sofia city?

Accepted Answer

Some of the most luxurious properties in Sofia city are located in the following neighborhoods: &ldquo;Center&ldquo;, &ldquo;Lozenets&ldquo;, &ldquo;Doctors&rsquo; Garden&ldquo;, &ldquo;Ivan Vazov&ldquo;, &ldquo;Iztok&ldquo;, &ldquo;Boyana&ldquo;.

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