Property Valuation

The issuance of a tax assessment requires the submission of several types of documents, which you can request through a specialized portal for the provision of electronic services, with an application at the counter in an administrative service center, by e-mail or by post, electronically through the secure electronic delivery system.

 

The market price is determined by real estate professionals using the comparative market analysis method. The purpose of the analysis is to determine the correct price range in which to position a property when it is advertised for sale. 

 

The profit from the sale of a property is not taxed when the home has been your property for 3 years. In all other cases, the difference between the sale price and the purchase price is taken into account when calculating taxes on the sale of a property. The income is formed on a tax base and this tax base is reduced by 10% of the legally determined costs.

 

The surest way to find out how much your property is worth is to consult with a professional in this field. We at Unique Estates can help you by providing you with a reliable valuation that is based on in-depth market research by professionals as well as our own data acquired over the years.

 

The sketch of a property is one of the most important documents when carrying out transactions, such as: purchase and sale, donation, mortgage and others. A sketch is also required when submitting an application for admission to a town planning procedure, for the issuance of a design visa, for the approval of an investment project, as well as for all other activities, described in the Spatial Development Act (SDA), related to the property.

 

The surest way to check who owns a property is to enter the Property Register at the Registry Agency. It contains data on real estate on the territory of the country, on ownership, transfer, amendment or termination of the right of ownership or other right on real estate.

 

The property yield is used to assess the income generating potential of a property investment. It is usually calculated as a percentage based on the annual income received from the property, as part of its total price or its current market value. There are two main methods of calculating the property yield:

• Gross rental yield: Monthly rent х 12 / Property price х 100
• Net rental yield: Net operating income / Property price х 100

 

As of 2023, for the Sofia Municipality, property tax assessments can be obtained within the periods indicated below and against payment of the following fees:

• 7 working days – BGN 17
• 3 working days – BGN 25.50

 

The property management service releases the landlords from their responsibilities throughout the rental process and from the subsequent tasks of collecting the rent and monitoring the property.

 

Contact us and our team of experts will prepare a special Comparative Market Analysis to determine the correct market price and potential customers for your property. Trust our professional real estate consultants who will give you the right guidance on how to successfully sell your property.

 

The first step in making an expert appraisal of a property is to contact a certified appraiser registered in the Chamber of Independent Appraisers in Bulgaria. For the process, you will need an ownership document, an up-to-date sketch or cadastral map of the property and other documents depending on the type of the property.

 

Market analyses and research are conducted before making important business decisions, launching new products on the market, making investments, or expanding the business into new markets.

 

The market analysis includes a complex analysis at several levels: general market analysis, industry market analysis, market analysis of an individual product. These assessments provide valuable data for informed decision making and strategic planning.

 

Before selling your property, it is important to choose a consultant who will give you the right guidance on how to most successfully and smoothly carry out the transaction. Trust our professionals at Unique Estates, who offer complex services in the field of real estate in two directions - Premium and Standard.

 

The first step in obtaining a property sketch is to check with the Geodesy, Cartography and Cadastre Agency (GCCA) whether the property falls within the territory with an active cadastral map. A check of the sketch can be carried out in any regional city in Bulgaria at the Geodesy, Cartography and Cadastre Office (GCCO).