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Property for sale information

 
3BR Property and 1200sq.m of land near Veliko Tarnovo  
Reference nr: 432
Description:

Item ID: 432

Price: € 5 600

Land: 1200 sq. m.

Location: Bulgaria, near Svishtov, Veliko Tarnovo

Property situated in a peaceful and picturesque village near the town of Svishtov, Veliko Tarnovo District. The property shown is located right in the village's center, near the church and the pub, right behind the village's bus stop. A solid, brick-built house on two levels in overall good condition.

The first level comprises of glazed entrance-hall, a kitchen and an inner bathroom with a changing-room. Outer cement stairs are leading to the upper floor which offers another three bedrooms and a corridor. As there is plenty of space bricking-up another inner bathroom would be no problem. A lot of charm to the house is bringing the veranda in front of the second floor. It provides stunning views at the surrondings.

Yet there is an attic having the same floorage as the other two floors. This is a great opportunity of turning it into additional living area or even adding an additional floor.

Underneath the house is the cellar. It could be used by its original purpose- as a storage, or it could easily be transformed into a nice authentic tavern, wine-cellar or anything else.

Outside the house is the yard. Spreading over 1200 sq.m. of land, well-kept and absolutely plane, it provides numerous opportunities. Adding a swimming pool will addd much more charm and value to the property. The presence of a draw well is another advantage as the water from the well is free of charge and could be used for filling up a swimming pool, watering the garden, and even for a secondary water source for the house.

Most of the Bulgarian rural houses have farm-buildings, and this one does not make an exception. There are a barn, a granary, pigsties, penthouse and hen-houses. All these could be used by their original purpose, or could easily be transformed into anything else (e.g. Additional living area, playing rooms, workshops, BBQ area, etc.).

The property is located on two parallel roads and has exits to both of them. Both roads are asphalt-paved in very good condition. There is a driveway, providing the opportunity of parking several cars into the yard.

Water and electricity are connected to mains, Cable TV and Internet could easily be provided. There are water fountains inside the house and outside in the yard. The property is in overall good condition, but for more comfort would naturally need some renovation work.

About the village

The village of Aleksandrovo is located in Central North Bulgaria, five kilometers away from the International road I 3 and 35 kilometers from Svishtov and the Danube River. Quiet and peaceful, with population of about 300 people, it spreads between the folds of the Danube Plain. The soil is extremely generous which is why most of the local people work in the agriculture.

Aleksandrovo was named after the Russian Emperor Alexander II, also known in Bulgaria as „the Liberator“, as he had led Russia in the famous Russian-Ottoman War, which he won. The Emperor's first General Headquarters after crossing the Danube River over had been two kilometers away, in the neighbour village of Gorna Studena

Bedrooms: Bathrooms: Price (€):
3 1 5,600
Features:
Submission Date:
04-02-2009
Last Update:
10-11-2012
Advertiser Details:


Name:
Desi Dimitrova

Company:
IBG Real Estates Ltd.

Phone:
+359878466690
Fax:

Mobile:
+359898466686

 
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Calculators

 
Property price: €5,600
 

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

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
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