first-class two-storey houses with modern architecture with a wonderful panorama view

Location

The village of Ribaritsa is situated just a few kilometers from the town of Teteven and 120 km from the city of Sofia /just an hour away by car/. Teteven municipality is situated in the beautiful valley of Vit river. The sea level varies from 340 to 2100 m., in the town of Teteven is 415 m. The town is one of the most picturesque in Bulgaria. 12 km east of Teteven is the village of Ribaritsa, which is one of the longest villages in the country. It is a famous mountain resort with wonderful hotels and small restuarants. There are numerous touristc routes starting from the village.

project

"Green homes" complex is situated on a plot with an area of 17 000 sq.m. in the picturesque valley of the Teteven Balkan in the area of the village of Ribaritsa. The complex is surrounded by a wonderful forest and makes it the perfect place for relaxation.

Each of the 25 houses is with an individual access and its own yard. There will be a restuarant, cafe as well as a small hotel building. In the back of the plot passes Vasilyovska river, a barbeque and a stone fireplace.

The complex will offer 24/7 security and video surveilance. Each house will be with: satelite TV, Internet, security and a fire alarm. The houses are for sale fully furnished in different styles and colours.

accents

• Ecologically clean region;
• Firs-class construction;
• Key-ready;
• Functional architecture;
• Restricted access;
• It's own infrastructure;
• Individual payment scheme;
• Autonomous forest park

finishing works

Floors and walls: walls and ceilings - white latex, floors - laminated parquet in the rooms, terracotta tiles in the corridors, common parts - granite tiles and latex.

Bathroom and WC: W&S installation - fully built with mounted taps, sanitary unit - hand basins, showers and baths.

Electrical installation: fully built, finished up to switches and wall-plugs.

The price is VAT included.

payment scheme

• 90% - upon signing the preliminary contract;
• 10% - upon notary transaction

You can take a look in our brochure

Average prices for real estates in Bulgaria

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.