HUGE 7 Bedroom House 180m2 Pleven Bulgaria 1000m2 Plot GREAT INVESTMENT BARGAIN

HUGE 7 Bedroom Two-storey house in Mechka, Pleven

Location: Pleven

Property type: House

Area features : In the countryside. , In rural

countryside, Near town, In fishing area, In hunting

area, Near highway

Area: 180.00 sq.m. + 100m2 Barn

Garden: 1000.00 sq.m.

Bedrooms: 7 + 3 other rooms to be used for kitchen / living room / internal bathroom

Floor: 2

Condition: Needing Refurbishment

MORE PICTURES HERE: http://photobucket.com/Mechka2

The house:

This house is HUGE!!! a total of 10 rooms plus a 100m2 barn ready to be converted and rebuilt. There is a space which was a kitchen but no internal bathroom is yet installed but this is easy to install and several rooms are perfect for a bathroom. The house has an internal staircase and is interlinked. It consists of one main house which is in a very stable condition and the roof is actually almost perfect. To the left of the main house is 2 other parts which need a lot more work to make them livable but equally they are stable and of brick and stone built. 

Works started on this house after the house next door which we have just sold was fully refurbished, the builders started working on this house ripping out the frames, doors, plumbing etc but then the developer ran out of money and therefore works just stopped. To put this house right you will need all new windows and doors (PVC windows in Bulgaria are approx £70.00 per m2 fitted) some plastering and internal carpentry work, new electrical fittings and wiring, new plumbing, new bathroom and kitchen. Also you could convert the barn which is approx 100m2 but the house is already huge so this would make a lovely summer BBQ area.

This house is a fantastic long term investment but likewise it could make a lovely family home for several families!

There is lots of trees and shrubs in the garden and there is also an gazebo style store as there is also a large brick built store and a derelict garage. The house is accessible 365 and is in an elevated position. There are several other British and Irish owners in the village including the refurbished house which i just sold to Brit owners.

The Village:

The Village of Mechka (meaning Bear) is situated just 15 minutes on main road 34 that links Northern Bulgaria with

Romania between Pleven. City and the river crossing point at Nikopol on the Danube river. The property is of generous

proportions and is situated in an elevated position close to the edge of the village but only 100 yards from the main

road. The village has regular public transport service with Pleven and has a Church, Bar, Shops, Play Area and a Health

Center.

Area features

• GSM coverage

• Cable TV

• Internet

• Post office

• Public transport

• Bus stop

• School

• Supermarket

• Restaurant

• Cafe

• Church

• Police station

Further pictures can be seen here:

http://photobucket.com/Mechka2

Please message me if you have any questions or queries or o ffers

The Sales Process:

For a foreigner to own a property in Bulgaria it is necessary to register the property under a Bulgarian LTD company, it is very easy to form a Bulgarian company and we can assist you with this if you have not already formed a company. The cost for us to form your company is £350.00 and you do not have to be in Bulgaria for us to be able to form the company for you. 

Upon the end of the auction we will require a 25% deposit which can be paid into our UK Sterling or Bulgarian Leva account, this must be paid within 48 hours after the auctions close. The balance of the sale must be paid within 7 days from the close of the auction and again this can be paid in Sterling or Leva. We will provide the winning bidder with a full receipt which will contain the instructions for payment. The above payment terms are fixed and must be kept to without any excuses.

I can confirm that all paperwork, deeds etc are up to date and in order and that we are the sole legal owners of this property, all to often in Bulgaria properties can have many owners and this can cause problems and delays to the sales process so to confirm we are the sole legal owners and everything is in order with the properties paperwork.

You will not have to be present in Bulgaria to complete this sale as we can perform this for you with a specific power of attorney, with this document we can create your new Bulgarian company, transfer the house to the company, and also if you do not plan to visit Bulgaria and are purchasing as a long term investment then we can also manage your company for you paying bills, submitting tax returns, and generally upkeeping the company and its responsibilities. We can offer this service for approximately £150 per year which includes all the taxes and bills for one year assuming the property is not occupied. Its very popular now for investors in Bulgarian properties to operate like this and we have great experience in managing this on your behalf.

If you plan to be present to create your company then please allow 7-10 days for this process, although it can be achieved much quicker we have learnt that 7-10 days is a much more feasible timescale. Upon receiving the full balance of payment for the property we will then prepare the documents required to finalise the sale, this process can take around 7 days so please also allow for this. If you intend to be present we can assist with hotels, airport transfers and generally make your stay comfortable.

If you have any questions please do not hesitate to ask through Ebay, Please note that we also own a large house that is not refurbished which adjoins this property and it also has a large yard and this could be purchased by separate negotiation.

Please note that this sales is not subject to VAT.

Please email me for any questions or queries.