Real estate VAT

Buildings

The transfer of buildings (apartments) is subject to VAT. Practically, this means that if the seller is a Bulgarian company registered for Bulgarian VAT purposes, the seller shall be obligated to charge VAT.

Land

The transfer of agricultural (non-regulated) land is deemed a VAT exempt supply i.e. the seller should not charge VAT, however the Seller is entitled to chose to charge VAT.

Transfer of regulated land is subject to VAT.