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Property for sale information

 
Land for sale beetween Arbanasi and Veliko Tarnovo  
Reference nr: 358
Description:

Item ID: 358

Price: 6 000 €

Size: 2200 sq. m.

Location: Bulgaria, Veliko Tarnovo

Prime plot of building land close to historic town of Veliko Tarnovo where many British people are choosing to settle.

The land is approx 2200 m2 with an aspect offering superb mountain views. With good plans, the plot will be an excellent opportunity to create a small community of housing offering great investment opportunity. Please note that this land is in regulation, which means it is possible to build on subject to approval by the local Municipality.

The land is close to mains electric and water and to the main Sofia - Varna road. It is minutes away from Arbanassi, one of the most expensive locations to buy in Bulgaria and sandwiched between Arbanassi and Veliko Tarnovo, which is just 5 minutes away.

A great opportunity for developers or just to keep for later resale.

The Town

The town of Veliko Tarnovo is situated in the central part of North Bulgaria at the foot of the Balkan Mountains at 250km from the capital of Bulgaria - Sofia. Historians date it back to 4th millennium B.C. Veliko Tarnovo is the former capital of the Second Bulgarian Kingdom (1185-1396) and a symbol of the Bulgarian nationhood. Probably the most outstanding landmark of the town is the medieval fortress of Tsarevets - the ramparts, the Baldwin Tower, the royal Palace and Patriarchate, the Palace Church St Petka and a multitude of small cross-domed churches. It became the most significant political, economic, cultural and religious centre of Bulgaria. Modern Veliko Tarnovo develops dynamically but still is a town-museum rich in many cultural museums, monuments and architectural sites. Every year the town is visited by thousands of Bulgarian and foreign tourists. The preservation of the ancient history of Bulgaria is not only the prime concern of the Veliko Tarnovo Municipality, but of the whole Bulgarian nation. The beautiful defiles of the river Yantra outline the three hills – Tsarevets, Sveta gora and Trapezitsa and shape the unique townscape

The Municipality

The Municipality of Veliko Tarnovo is an administrative centre with a territory of 883 m2 and about 100 000 population. The Municipality includes the town of Veliko Tarnovo and 37 other towns and villages. The climate in region is mild, temperate and each season gives plenty of opportunities for sport and recreation. The favourable climate, the existence of natural and historic sites and the development of national arts and crafts constitute prerequisites for the all-year development of the recreation and sport activities and tourism. Veliko Tarnovo Municipality disposes of resources for the development of different types of tourism. The prevailing type of transport on the territory of the Municipality of Veliko Tarnovo is the bus transport.

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.

Features:
Submission Date:
10-15-2008
Last Update:
09-08-2014
Advertiser Details:


Name:
Desi Dimitrova

Company:
IBG Real Estates Ltd.

Phone:
+359878466690
Fax:

Mobile:
+359898466686

 
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Calculators

 
Property price: €6,000
 

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