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Property for sale information

 
6 BR Propert near Nikopol  
Reference nr: 392
Description:

Item ID: 392

Price: 6 000 €

Land: 1700 sq. m.

Location: Bulgaria, near Nikopol

Novachene is one of the biggest villages in the area with population of more than 2000 people. It has a police station with 17 people personnel, a bakery, tailoring workshop, dairy. There is also an annual folklore festival which is gathering people and artist from the whole country.

Near the village's center on the corner of two streets is situated the property shown. The house is solid, brick-built, two storeyed, in good condition. The first floor offers a kitchen, two rooms and a cellar. There is plenty of space for adding an inner bathroom, which would bring much more comfort to the house. An authentic tavern or winery is a great example of what the cellar could easily become. Outer cement stairs are leading to the second floor, which comprises of four rooms. One of them transitional and the other three are big bedrooms. Much more comfort would bring bricking-up an additional bathroom on this floor.

There is an attic with the same floorage as the other two floors. It provides a great opportunity of turning it into additional living area (third floor).

Outside the house is the yard. Spreading over 1700 sq.m. of land, absolutely flat and rectangular it is the perfect piece of land for building a swiming-pool which would bring much more charm and value to the property. Near the fence is the draw-well, which could be used for filling up a swiming-pool, watering the garden, for drinking water or for any kind of daily needs.

As most of the houses in Bulgaria this one also has several farm-buildings - a granary, a barn, pigsties, hen-houses, two other adobe-built farm-houses. All these are in good condition and could be used by purpose, or could easily be transformed into living areas (especially the adobe houses) as guest houses for instance.

The property is easy accessible via asphalt road in good condition. It is situated on the corner of two streets and it has access to both of them. A big double-sized gate gives the opportunity of parking more than five cars into the yard.

Water and electricity are connected to mains. Cable TV and Internet could easily be provided. The house is in good condition, but naturally would need some renovations as it has been uninhabited for a few years no

Quick facts about Village

Location: North-Central Bulgaria

Distance to capital city: 162.773 km from Sofia

Latitude: 43.55N

Longitude: 24.93E

Altitude: 0 - 49m above sea level

Province: Pleven District

Municipality: Nikopol Municipality

Area size of Village: 63,314 km2

Post code (ZIP) of Village 5950: Property ID Voinovo 5971

Phone code of Village of Brest: 06563 from Bulgaria, 003596563 from outside
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 (€):
6 1 6,000
Features:
Submission Date:
12-08-2008
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: €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