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Property for sale information

 
2 BR Property Bulgaria - Ribaritsa Ski Resort ID290  
Reference nr: 290
Description:

Item ID: 290

Price: € 125 000

Land: 110 sq. m.

Location: Lovech, near Teteven

The house spreads over 110 sq. m. of build area; it is fully furnished and euipped to a high standard with Italian furniture, all kitchen equipment, televisions and jacuzzi bath; barbecue outside, with house location immedietely by the river and also being the most convenient location to reach the hotel complex for all the other facilities of the complex which include swimming pool, tennis court, fitness centre, resturant, horse riding, fishing etc.

The house offers two bedrooms, kitchen, living room, bathroom, toilet and lovely veranda with cozy BBQ. To see floor plan of the house, please click here (it will open in new window).

The property is on a special Easter offer and up to the end of the Easter holidays is for sale for the exclusive price of 115 000 EUR.

Property’s prices in the area are expected to rise once the constructing of the second ski slope begins in the nearest feature. The property is only few min. drive from the place where the ski slope will be and 20 min drive from the existing ski slope. There are couple of English and Spanish contractors that have bought big plots of land and have already started building Villa houses, which are to be sold/rent. There are few foreigners living permanently in the village.

The village

The village of Ribaritsa is situated at the foot of the Stara planina mountain. The beautiful surroundings, clean air, the rivers and the meadows, the warmth and hospitality of the people of Ribaritza, will mainly be in the care for tourist routs, construction activities in the forest; on the territory of the National Park `Stara Planina` the Nature Reserve -`Tsaritchina`. The beautiful nature is a perfect for relaxation from the chaos of the everyday life in the big cities. In the same time the participants will meet with the locals and find out the Bulgarian hospitality. Those who wish can visit the town of Teteven not far from Ribaritza as well as some monasteries nearby, connected with Bulgaria history and religion.
Teteven municipality is located in North-Central Bulgaria in Lovech District. The Municipality consists of 1 town (Town of Teteven) and 25 villages. Teteven Municipality is situated in the northwestern part of the Middle Balkan Range. The relief is mountainous and semi-mountainous, strongly undulating. The altitude above sea level varies from 340 to 2,198 m. The highest point is Vezhen peak, the third highest peak in the Balkan Range. The climate is moderate continental. A characteristic feature is the large percentage of forest areas - 68%. Teteven Municipality is the owner of approximately 190,000,000 sq. m of good quality forests.

In the Central Balkan Range National Park 21 worldwide endangered vertebrate are preserved. The Ribaritsa mountainous climatic resort is at 12 km distance from Teteven and offers wonderful setting for recreation and business meetings, options for skiing, cycling, photo safari, mountain hiking with a qualified guide, entertainment by fishing.

Combine perfect holiday with perfect investment!

The property is:

- 9 miles from the Municipality centre - town of Teteven;

- 56 mile

Bedrooms: Bathrooms: Price (€):
2 1 125,000
Features:
Furnished
Ski
Submission Date:
03-28-2008
Last Update:
10-29-2012
Advertiser Details:


Name:
Desi Dimitrova

Company:
IBG Real Estates Ltd.

Phone:
+359878466690
Fax:

Mobile:
+359898466686

 
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Calculators

 
Property price: €125,000
 

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