18.11.07
LOVELY BULGARIAN COTTAGE FOR SALE NEAR TO COAST.
PROPERTY FOR SALE
A traditional 2-storey house with incredible views to the surrounding countryside. The airport and coast just one hours drive away and a beautiful lake only ten minutes walk from the village.
The house is located at the edge of the quiet village of Komunary, one hours drive from Varna International Airport with regular flights from London (Low cost flights from just £3.99 one-way!!!! with Whizz) and the popular seaside town of Varna (Located on the Black Sea coast and is the new summer location chosen by the major Tour Operators - Thomsons etc.) and forty five minutes away from the sea at the beach resort of Shkorpilovtsi.
The house currently has a living area of 120 sq.m. and a lovely huge garden of 1000 sq.m!! (Loads of room for a swimming pool and extending the house) The house is located close to the centre of the village along a well maintained tarmac road.
On the first floor there is an entrance into the kitchen and storage room. Attached to the house behind there is an additional buildings which consists of: a room, bathroom and small room which could be converted into the new bathroom.
External staircase leads to the second floor. There is a large terrace with incredible views to the whole surrounding area. There is a corridor and three good size bedrooms. In the rear side of the house there are two outbuildings which can be connected to the house. Electricity, main drainage system, running water (outside and inside the house) and telephone line are available.
The property requires modernisation to bring it up to Western standards. Build costs are half what you would pay in the UK, so budget £3000-£5000 to bring it up to scratch. Or if you are a handyman, go to the big DIY store in Varna and do it yourself for half that price.
Outside is a large 1000 sq m plot which can be turned into a formal garden with plenty of room for a swimming pool and extending the house if required. An asphalt road passes along the property (VERY important when buying property in Bulgaria). In the yard there is a garage which can double as a large sun terrace with great views.
The village is traditional and very friendly with local shops, bars and restaurants. The cost of living is very cheap (Beer-20p Meal for 2 including local wine-less than a fiver! Council tax-£100 per year!! New Renault Clio-£3000!!). There is a bus and railway station which connects the village to Varna and other big cities in Bulgaria.
This property has it all. Easy access to airport, sea and local lake, massive garden and a house with huge potential for expansion and development. Bulgaria has very cheap labour costs and a very cheap cost of living.
Channel 4’s “A Place in the Sun” voted Bulgaria as the 6th Best Place in the World to buy a holiday home or a permanent residence. Not surprising really when you consider the advantages;
• Cheap property prices which are increasing in value at a rate of 40-60% per year (Most forecasters are predicting 100%+ when Bulgaria joins the EU next year)
• Cheap living costs (Beer-20p Meal for 2 including local wine-less than a fiver! Council tax-£100 per year!! New Renault Clio-£3000!!)
• Great Mediterranean style summer climate.
• Great Ski-ing. Perfect for Xmas and New Year holidays as well.
Bulgaria is now in the EU and Bulgaria house prices are set to rise 10-15% over the next 12 months.
Grab yourself a REAL BARGAIN, A GREAT INVESTMENT AND A LOVELY HOLIDAY HOME. Black Sea coast properties are already out of most people’s reach and investors are now looking away from the coast. These low house prices won't last much longer, so don't miss out on this great opportunity.
Price - OFFERS ACCEPTED AROUND £7000
Interested or want more photos? Email me at peterskuse@googlemail.com to make an offer, ask questions or see more pictures of the property. Sorry, I don't have the time to take enquiries by phone as I'm normally travelling. All buyers of my properties however, will be given my private number and I will be available to them at all times.
Labels: bulgaria real estate, bulgarian investment property
