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Property for sale information

 
2 BR Property near Ruse and a big plot of land  
Reference nr: 492
Description:

Item ID: 492

Price: 5 900 €

Land: 1000 sq. m.

Location: Bulgaria, near Byala, Ruse

Property situated in a picturesque village between Ruse city and the town of Byala. The village is only 5 km away from Danube River. Local activities include fishing, horse riding, sightseeing, biking, etc. The village offers all basic facilities, such as food shops, post office, school, local pubs, bus services, etc. There are British people in the village and some of them with permanent residence.

The property is situated at the outskirts of the village providing privacy and stunning views. It spreads over 1000 sq. m. of land, and comprises of a two-storied house with outbuilding attached to it, parking area and additional outbuilding.

The first floor of the house offers living room, kitchen with dinning area and bathroom, and a corridor. The second floor has two bedrooms and a corridor. As the property had been uninhabited for some years now it will naturally need certain renovation works. Attached to the house, is one of the outbuildings, which used to be a summer kitchen with a clay-oven in it.

Outside the house is the yard, spreading over 1000 sq. m. of land, it provides numerous opportunities. Adding a swimming pool could be easily done, which will add much more charm and value to the property. There is a driveway, providing parking space for few cars inside the yard. The property has unlimited potential.

The Municipality

The Byala municipality is the entrance door to the District of Ruse from West and Central Bulgaria. The region is characterized by the typical geo-morphological features of the Danube Plain. It borders the Districts of Targovishte and Veliko Tarnovo. The municipality’s area is 341 sq. km. The municipal centre (town of Byala) is 55 km away from Ruse, 58 km away from Veliko Tarnovo, 22 km away from Polski Trambesh and 53 km away from Popovo. There is a forest park and eight tourist chalets in the region of Byala forest. The existing facilities are suitable for the initiation of a hunting tourism project.

The District

Ruse Region includes a part of the hilly Danube Plain, the Danube riverside plain of Pobrezhie and part of Ludogorie lowlands. It is bounded by the regions of Silistra, Razgrad, Targovishte and Veliko Tarnovo, and borders Romania to the north with the Danube River as a boundary. Some of the big rivers are the Yantra and the Rusenski Lom.

The region is important for the national transport system. The Danube River is linked through the European waterway system with the Mein and the Rhine rivers and connects the North Sea with the Black Sea. The first railroad line in Bulgaria – Ruse–Varna, built in 1866, crosses the region. Important roads and railways connect the region with the rest of the country and the only bridge over the Danube on Bulgarian territory connects the country with Romania. The middle point of the bridge marks the boundary between the two countries.

Protected areas on the territory of the region include the Rusenski Lom Nature Park, which comprises the picturesque canyon of the river valley, rock formations near the villages of Pisanets and Mechka, and the Orlova Chuka Cav

Bedrooms: Bathrooms: Price (€):
2 1 5,900
Features:
Submission Date:
07-15-2009
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: €5,900
 

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