New Stamp Duty in Bulgaria

From March 2008 there is a new stamp duty which varies depending on the municipality where the real estate is located.

For the Municipality of Sofia the stamp duty is 2.5%, for Nessebar - 2.3%, for Varna - 3%. It also varies for other municipalitites. The new law says that the Municipality determines by an ordinance the exact amount of the stamp duty and sets up  only the bottom of 2% and the top of 4% of the price entered in the Notary Deed.