The costs of housing

Standard expenses for maintenance of housing are:

• State property tax
• Tax on garbage collection
• Utility costs for electricity and water
• Maintenance fee in the complex

So, let's look at each of the points separately.

State property tax regardless of the nationality of the owner of the property is equal to 0.15% of the tax value of the property. And the tax value of an object is affected by a number of parameters such as year of construction, number of storeys, area of the building and premises, structural features of the object, etc. Tax value of an object usually changes slightly every year. Property tax is charged on a quarterly basis; however payment in advance (before 31 March) and once in a year, the owner receives a 5% discount from the tax amount.

A tax on garbage is paid in the same receipt as the tax. The tax rate is established by the state services and depends on the number and volume of containers operated. The amount of tax on the whole territory of Bulgaria varies from 0.17% to 0.25% of the tax value of the property.

The costs for the utilities, namely electricity and water depend directly on Your consumption. Basically, all the current counters in Bulgaria have two scales-counting – day and night. For example, the cost of 1 kWh from the company EVN a day is equal to 0,21596 of LV, and in the night 0,12271 LV. If Your meter has only one scale of calculation, 1 kWh will have to pay 0,21596 LV. According to the company Vik Burgas the cost of 1 m³ of water is equal 1,6788 LV. It should be noted that with moderate consumption of electricity and water the average family spends on utility costs monthly 30 euros in the summer and 50 euros in winter.

The maintenance fee of the complex, it is also fee for service, available in almost all buildings, but in different size. Maintenance fee established by the management company and its amount is affected by the area of the complex, the building and the common parts, their exclusivity and quality, pool and landscape delights, the presence of security guards, the frequency of cleaning in the complex. Size maintenance fees usually varies from 3 to 15 euros per square meter of the total area of Your home, but sometimes the maintenance fee may be fixed and the type of housing. Learn more about service You can see: maintenance Fee of buildings.