Properties features in Byala, Bulgaria
Frequently asked questions about real estate in Byala, Bulgaria
What are the taxes and fees involved in buying a home in Byala?
Foreigners purchasing real estate in Byala, Bulgaria, need to pay the municipal tax and notary fee. Their amount is 1.5-3.5% and 0.1-1% of the cadastral price of housing, respectively. There is also a fee for registration in the general register - 0.1%.
Where is the most favorable place to buy a home in Byala?
The Center is worth considering for investments for return on investment and growth. This is the historic district of the city, where stores, cafes and hotels are located. Housing in this location is in great demand among tenants during the swimming season.
In addition to the Center, a good option for investment is Khan Krum. Property values in this coastal area with beautiful views regularly appreciate by 5-7%.
What are the average property prices in Byala?
Prices for properties vary depending on their location and newness. On average, sellers ask from 1000 to 2000 euros per square meter. The closer the property is to the sea, the more expensive its price. For elite villas and mansions the cost of real estate in Byala can reach 5000 euros per square meter.
