Plot of building land with three-storey rural house and barn in the centre of a mountain village very close to the ski resort of Borovets. Situated in magnificent mountain area the village attracts tourist all year round. It is a starting point for many walking/cycling tours in the Rila mountains and has own ski slope and lift operational during the winter. For those who prefer water related activities Iskar Lake is very close. A big SPA resort with hot mineral water swimming pools is situated at only about 20 min drive. There are many shops, pubs and small family hotels in the village occupied during the all four seasons.
The house has three floors. Charming mountain views reveal from it. It has electricity as well as mains water and drainage. Currently there is only an outside toilet and tap.
Ground Floor: Two rooms both with outside doors. One of these has an open fireplace.
First Floor: It has an outside door straight into the garden. Three rooms with a central hallway. There is also an open porch area giving access, via a wooden ladder at the moment, to the next floor.
Second Floor: Large unfinished attic room with windows.
Outside: 564 m2 garden. The barn has two rooms downstairs and one large room upstairs. There is a large area beneath the roof which has a back wall but is open on the other two sides. The barn has electricity connected. Between and in front of the house and barn is a large area of garden. There is access to the barn side of the plot through a gate and the house can be accessed either from the garden or the ground floor level.
|PROPERTY FACTSHEET |
Property: House/Villa (Residential)
Region: Borovets Region
Location: Govedartsi Village
Outside: Garden with barn
Land: 564 m2
Total Built-Up Area: 120 m2
|(seller's asking net price is highlighted; other prices are for reference use only using Bulgarian Central Bank's exchange rates of the day)||
Popovo Lake, Pirin Mountain
© 2022, D. Georgieva
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Bulgarian National Bank to restrict mortgage loans as of 2021, 23/09/2021
The Bulgarian National Bank has taken a decision to restrict mortgage lending. The Board of Directors has decided to increase the capital buffer for banks' risk loans from 0.5% to 1% from 2021. The measure aims to ensure that vaults have sufficient reserves to cover losses on non-performing loans. As a rule, the buffer is increased when it is necessary to "cool" a large increase in credit. [read more]
Price of agricultural land has risen by nearly 50 percent for 6 years, 14/09/2021
The price of arable land in Bulgaria has risen by over 47% for 6 years, the National Statistical Institute reported. In 2014, the average price was 362 euros per decare and in 2020 it was 533 euros. The biggest rise is seen in the southeastern region of the country - over 79%. Agricultural land there used to be cheaper, which made it attractive to investors. [read more]
Bulgarians become the biggest investors in real estate properties in their homeland, 01/09/2021
The Covid-19 crisis has affected all business spheres. However, according to data of Bulgarian real estate agents, demand and sales of housing properties have gone up, especially in the big cities. In their view, this is due to several reasons, but the latest increase in property sales is mainly due to the return of confidence towards Bulgaria’s property market. Investors are showing serious interest in depreciated holiday properties sold predominantly by foreign nationals who are rushing to sell their properties in Bulgaria even at prices below the market prices. This is so, because these people find it difficult to travel during the coronavirus pandemic. The main purchasers of real estate properties in Bulgaria are Bulgarian citizens living in Bulgaria or abroad who invest their savings in properties, in order to rent them or spend their summer vacation in them. [read more]
Are Brits Investing In Bulgaria Because Of Its Lenient Travel Restrictions? 17/08/2021
Many people expected the property market in Bulgaria to struggle in 2021. Property around the world was suffering price cuts, the pandemic having left potential home buyers with limited funds. Furthermore, Brexit was expected to have a big impact on British investment. [read more]
Health Ministry Orders Termination of Contract for New Children's Hospital, 26/07/2021
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Sofia Airport to be Modernized with an EIB Loan of 40 Million Euros, 14/07/2021
The European Investment Bank (EIB) and the special investment company Sof Connect AD have signed a loan agreement of EUR 40 million for the modernization of Sofia International Airport, BNR reported, referring to the bank. Funding is supported by the European Commission's Connecting Europe Facility (CEF). [read more]
Bulgarians Buy out Russian’s Real Property on Black Sea Coast, 04/05/2021
Russians with properties on the Bulgarian Black Sea coast are now selling them en masse. Their withdrawal from the market is not because of the coronavirus, but because of the depreciation of the Russian ruble, according to brokers quoted by Trud. [read more]
Bulgaria's real estate market stable in 2020 despite coronavirus crisis - Raiffeisenbank, 29/03/2021
The real estate market in Bulgaria remained stable last year despite the challenges stemming from the coronavirus pandemic, with residential property prices continuing to grow, albeit at a slower pace compared to the pre-crisis speed, Raiffeisenbank Bulgaria said on Monday. [read more]
UK Embassy in Bulgaria, 31/01/2019
Ambassador Emma Hopkins has a message for UK nationals in Bulgaria. In it she provides an update on latest negotiations, the Embassy's recent work and reminds of the importance of registering with Bulgarian authorities if you reside in Bulgaria. [watch the video]
The flipside is that Bulgarian property is now remarkably affordable and probably appropriately priced. Properties that sold for €80,000 10 years ago are widely available now for €25,000, writes Diarmaid Condon in Is the price now right for Bulgarian property investments?. [read the article]
If you're looking for a cheap beach holiday this summer, you should head to Bulgaria and Turkey, according to the 12th annual Post Office Travel Money Holiday Costs Barometer. [read the article]
British holidaymakers are moving east to extract more value for their pounds, according to Europe’s biggest travel firm, writes Simon Calder in Bulgaria and Croatia See More Bargain-Seeking Brits. [read the article]
Nick Lavtchiev, director of Easy BG - a company that deals almost exclusively with UK clients - told Oxford Business Group (OBG) recently that, "Over-urbanisation is no good for this market. What is the point of going on vacation or having a home in a place that is as overpopulated and ugly as where you came from? There are plenty of other places in the middle of nowhere that are of interest to aspiring permanent residents.". [read the article]
The Report - Emerging Bulgaria 2007, 01/01/2007
"There is significant scope for development of spa and welness tourism due to Bulgaria's many mineral springs. Golf course development is another area where we are seeing growth." said Nick Lavtchiev, CEO of easy BG a local property firm". [read the book]
The prices are almost irresistible, but buyers must beware dodgy deals and 'iffy' infrastructure, writes Cheryl Markosky in Bulgaria Beckons. [read the article]