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Property for sale information

 
Renovated property in a picturesque village near Svishtov.  
Reference nr: 496
Description:

Item ID: 496

Price: 8 500 €

Land: 1000 sq. m.

Location: Bulgaria, near Svishtov, Veliko Tarnovo

Property situated in a very picturesque village with long and interesting history. The village is part of Veliko Tarnovo District, and offers all the basic utilities such as a post-office, several shops, pubs, cafes, etc. A regular bus transport to the surronding towns is also provided.

The property shown is located on walking distance from the village's centre. It is a solid, brick-built, single-storey house, with a big yard and plenty of farm buildings. The estate is in overall excellent condition.

The ground floor comprises of a big glazed entrance-hall, three rooms, big corridor and an inner bathroom and a toilet, which is a big advantage and provides much comfort for living. There is also a garret, with a separate entrance at the back of the house.

Yet there is an attic having the same floorage as the ground 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 anything else (a nice authentic tavern or a winery for example).

Outside the house is the yard. Spreading over 1000 sq. m. of land, well-kept and absolutely plane, it provides numerous opportunities. Building-in a swimming-pool is an excellent idea of what it could become. This would bring much more charm and value to the property. At the moment there are beautiful flower, vegetable and fruit gardens, lots of fruit trees.

Most of the Bulgarian rural houses have lots of farm-buildings and this one does not make an exception. There are a several farm-buildings available. 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 the corner of two streets- both of them asphalt paved and in excellent condition. That makes the estate easily accessible through all seasons. Another big plus is the presence of a big double-sized iron gate, leading to a big penthouse, providing the opportunity of parking few 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 (both floors) and outside in the yard. The property is in overall excellent condition, and could be used for living right away. As it is owned by a Dutch citizen, everything has been renovated since he had bought it. The price includes all the household goods, mowing-machine, vacuum-cleaner, and everything else needed for living.

About the village

The village of Alekovo is located in Central North Bulgaria, seven kilometers away from the International road I 3 and 30 kilometers from Svishtov and the Danube River. Quiet and peaceful, with population of about 700 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.

The village's old name was „arkchar“ which translated from turkish means „white soil“. After Bulgarian's liberation from the ottomans the villag

Bedrooms: Bathrooms: Price (€):
3 1 8,500
Features:
Submission Date:
07-27-2009
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: €8,500
 

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