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Property for sale information

 
Property in SPA area; House with shop; $ bedrooms; Land:1000 sq.m.; ID 301  
Reference nr: 301
Description:

Item ID: 301

Price: 7 700 EUR

Land: 1 000 sq. m.

Location: Bulgaria, Ovcha Mogila, near Svishtov

Property situated in the village of Ovcha mogila, Svishtov Municipality, Veliko Tarnovo District. It is situated 30 km south of the town of Svishtov and 230 km northeast of Sofia.

The availability of curative mineral waters defines the development of the village as a SPA resort. The climate is temperate continental. The mineral waters of Ovcha mogila are hyper thermal, moderately mineralized and slightly alkaline. They contain chloride, sulphates, sodium, calcium, and little amount of iodine, bromine, fluorine, and potassium.

There is a sanatorium in the village, which is the preferred place for many foreign and Bulgarian citizens. It offers balneological healing procedures; individual and group gymnastics; underwater gymnastic; physiotherapy; massage; (under)water massage; mineral baths; healing pools and many others.

The property offers 1000 sq. m. of regulated plot of land and a two-story house with a shop on the first floor. The house is brick build with concrete floors, but it needs renovation. The first floor offers Shop with store room, bathroom, and additional room which could be used as office. The second floor offers another three rooms, reception room and a balcony.

The property has unlimited potential - it could be either used for business and living; or as a big holiday/retirement home with three to four bedrooms, kitchen, Living room and wet rooms.

There is additional brick build farm building in the yard, which could be converted into a guest house or anything else.
The road to the property is asphalt in very good condition and it is accessible trough all seasons.
Property with unlimited potential!

The property is:

- 10 miles away from the Municipality Centre - town of Svishtov;

- 15 miles away from the town of Polski Trambesh;

- 27 miles from Veliko Tarnovo;

- 36 miles away from the town of Pleven;

-40 miles from the nearest Ski resort;

- 42 miles from Ruse City and the border with Romania;

- 114 miles from Sofia - the capital of Bulgaria;

- 130 miles from Varna Airport and the seacoast.
Please note that the prices in Pounds are approximate and valid for the day the respective property was uploaded. The actual property’s price is the price in EURO, shown in each property’s description. For further questions or comments, please do not hesitate to contact us and it will be our pleasure to assist you.

Bedrooms: Bathrooms: Price (€):
4 1 7,700
Features:
Spa
Submission Date:
05-07-2008
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: €7,700
 

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