1BR apartment for sale in SPA apartment hotel Nartsis, the town of Bansko. Successfully rented out by the moment With permission for use of 2007!

The apartment is located in Hartsis - 4 star SPA apartment hotel. It is located in the most attractive part of Bansko - Gramadeto area - in close proximity to the first lift station. The architecture matches the spirit of the town.

Disposition: Open plan living room with lighted dining area and kitchen box /about 22 sq.m/, self-contained bedroom /about 14 sq.m/, bathroom and WC, one balcony.

Finishing works: We offer for sale completely furnished apartment - equipped kitchen box with electrical appliances /refrigerator, oven with ceramic plot, thermo pitcher, toster, kitchen utilities/. Dining area - dining table, living room - extensible upholstered furniture, table, fire place, air conditioner, safe, bedroom furniture.

Maintenance fee EUR 8/sq.m /VAT excluded/.

The complex offers: reception, security, lobby-bar, restaurant, graden with BBQ, elevator, outdoor swimming pool with lounge chairs, underground parking lot, parking spaces.

The SPA center offers: big variety of services - solarium, fitness center, hot jacuzzi, indoor swimming pool, Roman bath, steam bath, massages, reception.

All owners and their guests will have discounts at the SPA center!

All properties are for sale with no commission from the buyer!

Agency charges EUR  400 for attendance at the transaction. /VAT not included/

Accents

• Excellent investment;
• SPA center;
• First class furniture

Why you trust us...

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.

Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.

On arrival you will be greeted by a friendly and highly trained representative.

Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

Finishing and furnishing...

For owners of properties in Bulgaria, interested in renting their premises or for those who want to feel their property like a real home we can take up organization and control or full completion of construction or repair works. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. If you prefer our partners can help you design an ideal interior to suit your taste and style, and completely furnish the property  so that  everything is ready for you.

Construction type: brick

Heating: Electricity heating

Bathrooms: 1

Balconies: 1

Joinery: PVC

• Permission for use granted
• New development
• Security
• Furnished

Agent's valuation of the offer Excellent!

Property Taxes in Bulgaria

A foreign investor can invest in properties in Bulgaria either directly or through a local legal entity. Only Bulgarian-resident individuals and entities can acquire title to land, while non-residents may acquire only buildings and limited rights (e.g., leasehold and construction rights) to land.

If you are investing in Bulgaria, as a non-resident property owner, you could be liable for the following taxes:

Property Purchase Tax

The purchased property will be subject to a notary and a municipal tax. The notary tax is paid on the higher of the market price or the book value of the property. Rates vary and are typically less than 1%. In addition, 2% of the market value of the  property is paid as a municipal tax. This money goes to the municipality in which the  property is situated. You pay these taxes after you have signed the notary deed.

Annual Property Tax

All property owners in Bulgaria pay an annual property tax. The current annual tax rate for a house is 0.15% of the tax evaluation ( the value of the property as estimated by the state body) of the property.
In addition to this tax, owners also pay a waste-collection tax. The rate depends on the 
location and size of the dwelling. The amount of tax payable is usually about GBP30 per year 
for rural property and about GBP100 per year for apartments in city centers.

Tax On Rental Income

This is subject to a 15% withholding tax after deducting allowable expenses such as mortgage interest etc. It is not stable and depends on the gross  annual income of the person.

Wealth Tax

No Wealth tax in Bulgaria.

Capital Gains Tax (CGT)

This is levied at 15% on any increase in the value of the property.

Inheritance Tax (IHT)

This was levied at up to 10% up to 2004, but has been abolished altogether in 2005.

Value Added Tax

Transactions with land and lease of property for residential purposes are exempt from value added tax. All other real estate transactions are subject to VAT at the uniform rate of 20% (will be changed after Nulgaria joins to EU). The buyer/lessee is entitled to a VAT refund, provided it is registered for VAT purposes.

Corporation Tax

As some property interests in Bulgaria cannot be held directly by foreigners, buying through a local Bulgarian company is recommended. If you own a company in Bulgaria, note that in January 2005 the rate of income tax for a  corporation in Bulgaria was reduced from 19.5% to 15%. The tax year in Bulgaria ends on the 31 December. A limited company must file an annual report by the 31 March. If you incorporated a limited company to purchase a house or land, then there will be no  tax liability, as the company was not trading. However, you still must submit company  accounts to the Companies' House Register in Bulgaria every year to satisfy the authorities that the company was not trading. This is a legal requirement.