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Property for sale information

 
8 BR Property near Nikopol  
Reference nr: ID 394
Description:

Item ID: 394

Price: 7 900 €

Land: 3 400 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.

On walking distance from the village's center is located a nice, well-kept and big property, offering 3400 sq. m. of land, a house and additional outbuildings. The house is facing South, it is brick-built, solid and in great condition. It is one-storeyed and comprises of four big bedrooms plus a big corridor. All the rooms are in excellent living condition. For more comfort bricking-up an inner bathroom could easily be done. Yet there is an attic with the same floorage as the first floor which could perfectly fit as additional living area (second floor could be added). This would be easy to build and again adding an inner bathroom would be no problem.

Attached to the main house is another smaller house, which consist of а kitchen, a bedroom and an inner bathroom. All this provides much comfort for living.
The yard is spreading over 3400 sq.m. of land, long and wide and is absolutely flat and cultivated. This provides a great opportunity for building-in a swiming-pool, which would give much more charm to this property. A huge advantage is the presence of two draw-wells, which could be used for filling-up a swiming pool, watering the garden or as an additional water-suply. More charm and coziness to the yard are bringing the nice flower-garden, the trellis-vines, boxshrubs, lots of fruit-trees etc.

As most of the rural houses in Bulgaria, this one also has several farm-buildings. There are a big pent-house, hen-houses, granaries, barns and few other auxuliary buildings. All this could be used by purpose or could be transformed into something else - additional living area, BBQ area, workshops, playing houses etc.

The property is easy accessible via an asphalt road in good condition. A big double-sized gate provides a great opportunity of parking up to seven cars in the yard on its own driveway. The estate is located at the corner of two streets and it has access to both of them which is also a big advantage.

Water, electricity and land-line telephone are connected to mains. Cable TV and Internet could easily be provided. The property is in excellent living condition and could be used at the begining without any renovations

Quick facts about Village

Location: North-Central Bulgaria
Distance to capital city: 162.773 km from Sofia
Latitude: 43.55N
Longitude: 24.933E
Altitude: 0 - 49m above sea level
Province: Pleven District
Municipality: Nikopol Municipality
Area size of Village of Novachene: 63.314km2
Population of Village of Novachene: 1391 inhabitants (to 01/01/2007)
Phone code of the Village: 06544 from Bulgaria, 003596544 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 des

Bedrooms: Bathrooms: Price (€):
5 1 7,900
Features:
Submission Date:
01-05-2009
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: €7,900
 

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