Notary fees in Bulgaria
There is new notary fees after the first of July 2009. In most of the cases for a property deal with value between 25 000 and 50 000 euro the notaries will charge 245 euro plus 0.5% for the amount above 25 000 euro, where the old tax for the same price range was 160 euro plus 0.2% for the amount above 25 000 euro.
With the changes in the law there is a new level of charging - it is for properties with value more than 256 000 euro, for them the notaries charge a fee of 785 euro plus 0.1% for the amount above the 256 000 euro limit and the maximum fee could be 3100 euro.
With the previous fees the biggest fee is for the properties with value higher than 52 000 euro, the tax is 215 euro plus 0.1% for the amount above the 52 000 euro limit, and no more than 1600 euro.
The notaries justify the increase of the fees with the need of online registers of the wills and the powers of attorney with which the whole process will become much more secure.
The notary taxes till 1st of July 2009:
• Property value to 50 euro including - the notary fee is 8 euro.
• Property value from 51 to 510 euro - the notary fee is 8 euro plus 1.5% for the amount above 51 euro
• Property value from 510 to 5100 euro - the notary fee is 15 euro plus 1% for the amount above 510 euro
• Property value from 5101 to 25 700 euro - the notary fee is 60 euro plus 0.5% for the amount above 5100 euro
• Property value from 25 701 euro to 51 200 euro the notary fee is 164 euro plus 0.2% for the amount above 25 701 euro
• Property value above 51 200 euro - notary fee is 215 euro plus 0.1% for the amount above the 51 200 limit and no more than 1600 euro.
Notary fees after the 1st of July 2009:
• Property value to 50 euro including - the notary fee is 15 euro.
• Property value from 51 to 510 euro - the notary fee is 15 euro plus 1.5% for the amount above 51 euro
• Property value from 510 to 5100 euro - the notary fee is 22 euro plus 1.3% for the amount above 510 euro
• Property value from 5101 to 25 700 euro - the notary fee is 82 euro plus 0.8% for the amount above 5100 euro
• Property value from 25 701 euro to 51 200 euro the notary fee is 247 euro plus 0.5% for the amount above 25 701 euro
• Property value from 51 200 to 256 410 euro - notary fee is 375 euro plus 0.2% for the amount above the 51 200
• Property value above 256 411 euro - notary fee is 785 euro plus 0.1% for the amount above the 256 411 euro but no more than 3100 euro