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Property for sale information

 
A solid, brick-built, single-storeyed house in overall very good condition near Gorna Oryahovitsa, Veliko Tarnovo  
Reference nr: 497
Description:

Item ID: 497

Price: 8 500 €

Land: 1720 sq. m.

Location: Bulgaria, near Gorna Oryahovitsa, Veliko Tarnovo

Property situated in a very picturesque village with fresh air and unspolied nature. The village is part of Gorna Oryahovitsa Municipality, Veliko Tarnovo District. The property shown is located near the village's center. A solid, brick-built, single-storeyed house in overall very good condition.

The ground floor comprises of two different entrance-halls, kitchen, six big rooms, two big corridors and an inner bathroom, which is a big advantage and provides much comfort for living. A lot of charm to the house is bringing the veranda, providing stunning views to the surrondings.

Yet there is an attic having the same floorage as the ground floor. This is a great opportunity of turning it into additional living area with its own bathroom for example.

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, winery or playrooms for example).

Outside the house is the yard. Spreading over 1720 sq.m. of land, well-kept, it provides numerous opportunities. Bulding-in a swiming-pool is an excellent idea of what it could become. This would bring much more charm to the property. At the moment there are beautiful flower and fruit gardens, lots of fruit trees and trellis vines. All this could be developed into something even more beautiful and also useful. The draw-well in the yard is also a big plus to the estate. It could be used for filling-up a swiming-pool, watering the garden or as an alternative water supply for the house.

Most of the Bulgarian rural houses have lots of farm-buildings. This one does not make an exception. There are a barn, a granary, big two-storeyed hay-loft, 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 an asphalt-paved street in good condition. A huge advantage of the estate is the presence of a big garage, providing space for two cars. Another plus is the big double-sized iron gate, giving the chance of parking up to four more 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 very good condition, but for more comfort would naturally need some renovation work.

About the village

The village of Strelec is located in the hilly area near the old capital of Bulgaria- Veliko Tarnovo. The first proofs for the existence of a settlement at that place are dated from the second bulgarian realm (XIIth century). The village itself was formed during the XVIIIth century in the middle of a huge forest, right next to the important road Svishtov-Popovo, close to the rivers Rositsa and Yantra, and also four lakes, which makes the area a real paradise for hunters and fishers. The local people are known as very honest and hard-working.

The beautiful nature, the f

Bedrooms: Bathrooms: Price (€):
6 1 8,500
Features:
Submission Date:
08-06-2009
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