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Good Value Bulgarian House For Sale - Ref 516731
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House/Villa Description

This is a massive three storey house in the Rhodopes Mountain in need of renovation and refurbishment. So you can see even from the pictures that the property is a very good investment at a reasonable price. And that is the exact truth because the village is just 20 km away from the famous ski resort of Pamporovo attracting lots of tourists each year and preferred mainly from investors.

General view

The house has three levels, there is a big cellar covering an area of 60 sq m - again an Old Bulgarian tradition, used for storing of goods and drinks mainly domestic wine and rakia. The second level is the main one for the moment because it is in use now and comprises of a lovely kitchen and nice bedroom, a big corridor and a wooden staircase leading to the third level, which is like an attic. The third floor may be easily converted into a normal floor if the new owner wishes. The property is supplied with running water and electricity plus an old septic tank that is not in good condition and needs to be renovated. The road leading to the property is black, it is a small path really situated 40 m away from the asphalt road.

Garden

The garden is about 700 sq m and is giving lots of potential for future building. There is enough space for a summer kitchen or a barbecue area. It shows a marvellous mountain view because of the surrounding and magnificent Rhodopes.

Location

The house has the wonderful chance to be located 20 km from two of the most famous ski resorts. These are Pamporovo and Momchilovci. Having this in mind you realize that the house really is good investment no matter you want it for a holiday home or a small family hotel. The region is very fastly developing with all the necessary amenities for a vacation or whole year living.

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€16,000  |  £13,386  |  US$21,261
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 516731 
Town Smolyan 
Region Smolyan 
Province Smolyan 
Country Bulgaria  
Type House
Bedrooms 1 
Build Size 60 
Category Re-Sale  
Listed over 1 year ago
Looking at property as an investment? ...   Find out more >>

Property Characteristics

  • Distance to Beach:  315

Map of Smolyan, Smolyan, Bulgaria


Towns located close to Smolyan, Bulgaria

  • Pamporovo


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Price: €16,000

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Purchase this House/Villa in Smolyan for

€32p/m

(60% LTV, 7% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Smolyan, Bulgaria

Property Type Min Price Max Price Median Price
(All prices in EUR) Smolyan Bulgaria Smolyan Bulgaria Smolyan Bulgaria
Apartment/Flat 40,000 98 93,707 1,475,500 53,750 76,000
House/Villa 14,600 2,400 735,000 2,580,000 32,700 26,800
Land/Ruins 8,600 28 764,680 9,002,469 52,000 53,190
Other 20,911 20,911 83,955 268,708 38,970 61,008

* Calculations based on 134 properties for sale in Smolyan and 5124 properties for sale in Bulgaria





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