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Property for sale information

 
Bulgaria land with permission to build  
Reference nr: AH286576
Description:

A super Land plot in Mali Isvor, Tervel, Dobrich Area, Bulgaria

425 sq mts Plot, regulated for building.

No commission to be paid, Private Sale.

A large building plot situated in the peaceful village of Mali Isvor.

This plot is in an elevated position and slightly slopping, affording excellent views of the hills and forest that are around Mali Isvor.

The plot is one of two that are next to each other. The other plot is owned by English people.
The lake in Mali Isvor is close to the start of the Village, it must be about 1 mile, maybe 1 and a half from the plot.
The Notorial act (title deeds) shows that the plot is in regulation; all you need to do is submit plans.
Across the road there are 2 other houses that are owned by English people.

There is Electricity very close to the plot - Electricity runs by the border of the plot. There is a track road that runs from the side of this plot back to the centre.

Apparently there is a water pipe to the left hand side of the property.

Council tax is £40 per year for the plot.

Mali Isvor is close to many fishing lakes and the surrounding area is popular with hunters. There is a hunting lodge in the village and one small shop.

There is a bus service to the nearby town of Tervel.
In Tervel you can get most of your day to day needs, and even building supplies.
Last year a new Taverna styled café opened that offers British breakfasts, the waiters speak English and both the food and the service are good.

Mali Isvor translates to “little spring” and the spring water in Mali Isvor has a great taste. People travel from miles around to fill bottle's with this spring water.

A beautiful village set in a valley, with many scenic views and the occasional horse and cart.

This plot is 100% freehold and ready to transfer.

Property details :
1. 100% freehold
2. Property ready to transfer
3. 425 sq mt. of land
4. Building plot in regulation area
5. In the Village of Mali Isvor
6. The village has its own Spring Water
7. 5 other English families have bought in this Village
8. Peaceful, Countryside location
Getting to Bulgaria :
The following Companies offer flights:
o Wizz Air
o Easy Jet
o British Airways
o Bulgaria Air
o Hemus Air
o Sky Europe
Getting There:

Time from Varna Airport:
Around an hours drive from the Airport, allow 2 hours and you will be there easily and can stop in one of the Restaurants on the way there.
Flights from Gatwick to Varna.
Already Whizz air is going from Luton to Sofia, BA & Bulgarian Airlines too, Ryan Air are the most likely operator to announce a route to Bulgaria

Other costs:
There are other costs when purchasing a property in Bulgaria.
Expect to pay around 2% of the purchase price in respect of Notary fees and a further 2% in respect of Government taxes. The Buyer of this plot pays all the legal fees in this sale.


Building in Bulgaria:

Labour & Wood are cheap, constructing a 3 bed villa on this land would be around £12 to £15 000 for a good design, Chalet kits from £6500.

Tourism

Features:
Submission Date:
02-05-2009
Advertiser Details:


Name:
Adam Harrison

Company:
Harrison Stone International

Phone:
0044 1798 342776
Fax:
0044 1798 344991
Mobile:

 
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Calculators

 
Property price: €1,200
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

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Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations