Plot not far from the village of Ribaritsa - famous for its cozy family hotels and beautiful houses

The plot is situated in the village of Vasoliovo, Teteven district and very close to the village of Ribaritsa. There is electricity and water in the plot. The plot borders with an asphalt road and is suitable for a holiday complex or a small holiday village.

accents

• Close to a developed tourist region;
• Water and electricity;
• Face on an asphalt road

Why you trust us...

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.

Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.

On arrival you will be greeted by a friendly and highly trained representative.

Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

Mortgage Loan possibilities...

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free.

Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.

UBB - United Bulgarian Bank

The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The prepayment fee is 5%.

First Investment bank

Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate.

There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate. The application fee is Eur 50 and the management fee is 2%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.

The term for approving the application is usually up to 2 days.

Finishing and furnishing...

For owners of properties in Bulgaria, interested in renting their premises or for those who want to feel their property like a real home we can take up organization and control or full completion of construction or repair works. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. If you prefer our partners can help you design an ideal interior to suit your taste and style, and completely furnish the property  so that  everything is ready for you.

• Electricity
• Pipings

Agent's valuation of the offer Very good!

Investment in property in Bulgaria

Why to buy a property in Bulgaria?

        A country with a thousand-year old history - this is Bulgaria. On that small piece of land you can see not only mountain heights and clear springs, but sea sand and crystal sea, virgin spots and nature. Here you can find that harmony and balance between the strenuous and busy life in the big cities and the opportunity to rest in the mountain or on the sea.
        For the moment Bulgaria is one of the best opportunities for investing in real estate properties. For sure it is still undiscovered and undeveloped market for the real estates with investment aim and in that way it offers huge possibilities for big profit and high annuities for those who decide and make their investment just now.
         Bulgarian development and land prices near Sofia and seaside resorts are still 3 to 15 times lower than average prices in the European Union. Furthermore, valuations in Bulgaria are more attractive than those in Romania, the other EU entrant together with Bulgaria. The competitive power of the country when it is matter the investing in real estate properties determines of the fact that in comparison with the other countries who have sea outlet and developed tourism as Croatia, Spain, Turkey, Greece and others, the prices here to a great extend are considerably lower. The other fact is that in Bulgaria mainly are offered off-plan properties at really competitive prices.
         From tourist point of view the most popular real estate investments are in properties by the sea and in the winter resorts. The biggest Bulgaria sea resorts are Albena, Sunny Beach, Golden Sands, Nesebar, Sozopol and others, which are being serviced by the two main Varna and Burgas airports. Lovely climate with incredible sights, hospitality, intrinsic only to the Bulgarians, tradition in the culinary temptations combining with continually innovation and great variety. You can find all that on our Southern and Northern Black Sea coasts. That is what attracts more and more clients from East Europe, which have close culture and language. Buying a real estate property in Bulgaria opens a lot of European perspectives for them and of course a possibility to enjoy the beautiful beaches and the blue sea. There is also increasing visibility in the UK, Western Europe and the USA. Targeted campaign for giving business tax breaks by the Bulgarian government will further generate foreign interest and create a competition for the best properties. Western European and US press shows growing interest in Bulgaria's Real Estate. Investing in Bulgarian Real Estates is very attractive for many Western Europeans and especially US pension funds - the returns from investing in Bulgaria are much larger than the ones in their own markets.
        In the capital Sofia most developed types of investing are the city's, office and trade properties. Bulgaria offers the foreign investors one of the best prices for running a trade activity in Europe. The investments in real estate properties have ensured a great number of modern offices at very good prices.
        Of a great importance is the economic situation in which is Bulgaria at the moment - stable democratic government driven by economic growth agenda. It is a fact that in Bulgaria there is a high qualified, polylingual staff at the best prices in Europe. The workers' abilities and the low labor value are a motive for the foreign companies to invest in the country. EU accession creates a united market and the increases the competition. As a result the travel will facilitate and the prices across the Euro zone will equalize. The international interest in real estate properties in Bulgaria is booming, especially from EU citizens and Bulgarian expatriates. 
         Investing in Bulgaria, you get the unique opportunity to become a part of the culture of this country. The old times spirit is still alive and could be felt even in the puff of wind. Live in luxurious new buildings, but do not forget to draw on the source of past. Discover the beauty of Bulgaria and ask it in your homes! 

You can find more information about all properties in our new offices in Sunny Beach, Sozopol and Primorsko resort!