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Apartment - Flat Up for Sale in Shumen - Bulgaria - Ref 475639

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Apartment/Flat Description

The excellent LAKE VILLAGE villa development is set at the edge of a picturesque village and has stunning views over a lake and mountains. The property is just 700m from the lake and offers a unique combination of peace, water, sun, and fresh mountain air. The village lies just 20km from the glorious capital of the First Bulgarian Kingdom, Veliki Preslav, and 50km from the regional centre Shumen. With its circumference of 100km, Lake Ticha is the second biggest lake in Bulgaria. Its depth reaches 60m at some places and its waters are the home of a great variety of fish, such as carp, Crucian carp, wels catfish, perch etc. and a paradise for anglers too. 12 km away from the lake village is situated one of the biggest hunting centres in Bulgaria. Red deer, roe deer, wild boar, foxes, jackals and wildcats are the most typical representatives of the wildlife inhabiting the territory of the hunting area. Among the finest trophies gained here are the red-deer antlers with a weight of 12.340kg and 236 CIC points. Other attractions include the mountain and spa resort of Varbitsa, the Madara Horseman, and the original capital Pliska. The sea capital Varna and its international airport are just 130km away.
The ruins of Veliki Preslav are scattered over three square kilometers near the banks of the Ticha, and to make sense of them it helps to see the plans and model in the site’s Archaeological Museum. From its store of lapidary and jewellery, the mind’s eye can dress the bare ruins of the Palace where the Tsar held court “in a garment studded with pearls, girt with a purple girdle and a golden sword by his side”, and put a dome on the well-preserved Round Church. Several arches, the bulk of its walls and twelve marble columns (some truncated) still remain. Founded by Khan Omurtag in 821, Veliki Preslav acquired the prefix “Great” after it was made the capital of the First Kingdom, during the reign of Tsar Simeon (893-927) – although it began to eclipse the original capital, Pliska, at an earlier date. According to John the Exarch’s Shestodnev, C10 Veliki Preslav was the most populous town in the Balkans, with extensive suburbs surrounding a walled inner town containing “large buildings of stone on both sides, decorated with wood’. It also held a Palace, a royal School of Translators, the Patriarchate and other ‘churches ornamented with stones, wood and paintings, marble and copper, silver and gold’.
Lake Village is a splendid small development of 11 excellent off-plan villas sized 113sq.m each having two floors and set within a land plot of 430sq.m  housing a pavilion, barbeque area, and children’s playgrounds. All villas will be completely finished (but not furnished) with floorings of laminate and tiles on the ground floor and moquette and tiles on the first floor. Window frames will be made of PVC and doors of MDF. Kitchens come standard and bathrooms will be fitted with electric water heaters. Rooms will be heated with air-conditioners and each villa will have its private parking place. The development is walled and provides 24-hour security. All villas have magnificent lake and mountain views.
9 villas are still available and the time needed to build and complete one is 15 months from contract. Here is the payment plan:
30% on Preliminary Contract
30% second installment - after the foundation
30% third installment - after the concrete slab
10% on completion
Prices are inclusive of VAT and valid until 31 August, 2007.
 

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Approximate price of this 2-Bed Unknown
€48,500 EUR | 
£38,846 GBP | 
US$60,901 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 475639 
Town Shumen 
Region Shumen 
Province Shumen 
Country Bulgaria  
Type Apartment/Flat
Bathrooms
Bedrooms
Build Size 113 
Category Re-Sale  
Listed over 1 year ago
Looking at property as an investment? ...   Find out more >>

Property Characteristics

  • Views:  In fishing area, In hunting area, In mountain, Near highway
  • Garden:  430
  • Parking:  1

Map of Shumen, Shumen, Bulgaria

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Purchase this Apartment/Flat in Shumen for

€98p/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 Shumen, Bulgaria

Property Type Min Price Max Price Median Price
(All prices in EUR) Shumen Bulgaria Shumen Bulgaria Shumen Bulgaria
Apartment/Flat 25,000 98 25,000 1,475,500 90,000 76,000
House/Villa 4,500 500 410,000 2,580,000 15,000 26,800
Business 135,000 600 135,000 18,000,000 120,000 162,000
Land/Ruins 3,500 28 90,000 9,002,469 10,400 53,190

* Calculations based on 97 properties for sale in Shumen and 5435 properties for sale in Bulgaria





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