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Post by TheTravelBug on Sept 8, 2009 5:20:42 GMT
Sweet property with original architecture situated on the outskirts of a rural village just off the main road and close to the hills. The village is lively with many shops, a new restaurant etc and also a railroad station and bus station but have yet to spend much time there. It is close to the main road Sofia-Bourgas. There are good views to the Balkan and rivers, lakes and dams nearby. The house has a kitchen, hallway and lounge downstairs and a small bathroom that needs updating. Upstairs accessed by an external staircase there are 2 large bedrooms. There is already all the plumbing and electricity etc in place although needs rewiring, modernising and replastering. Large plot of 1500m2 with fruit trees and a barn and an additional building which was a shop. A couple of slates have fallen off the roof at the rear and during the winter the rain has dripped in and caused a portion of the lat and plaster and mud ceiling to collapse. The house will need re-rendering on the outside as some areas of the plaster has come off: Windows and doors need replacing. There is now a brand new tarmac road passing property and looks like they are re-surfacing all roads in the village. In the centre there is now a small super market and a DIY shop (very good one actually). And recently had a few drinks in restaurant in centre - nice place to sit in an evening. The property is generally dry and solid. It has concrete floors and apart from the render, the mud brick is in good condition. There is no damp or large cracks just the hole in the ceiling above. Offers around 6,500 Euros
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Post by TheTravelBug on Nov 11, 2009 16:00:26 GMT
Roof has had tiles replace and all windows have been sealed over with plastic. Price now reduced to 8,950 Euros.
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Post by TheTravelBug on Dec 16, 2009 18:56:05 GMT
Would be open to offers of around 8,500 Euros
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Post by TheTravelBug on Feb 13, 2010 18:46:20 GMT
Will now accept 7,750 Euros
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Post by TheTravelBug on Apr 21, 2010 15:13:03 GMT
Final offer - 6,500 Euros
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Post by TheTravelBug on Oct 18, 2010 8:34:56 GMT
offers around 5000E
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Post by TheTravelBug on Nov 26, 2010 11:58:48 GMT
Under offer for 4,000 Euros
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Duke
Junior Member
have a nice day..
Posts: 56
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Post by Duke on Mar 17, 2011 16:35:00 GMT
you are beginning to sound desperate....
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Post by TheTravelBug on Mar 30, 2011 8:39:49 GMT
Yes I want rid of several properties and not bothered if sell at a loss. And since I started advertising this house for sale, the market has dropped by around 50%. But this house is now under offer.
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Duke
Junior Member
have a nice day..
Posts: 56
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Post by Duke on Mar 31, 2011 16:36:02 GMT
Hmm, I hope the bubble hasn't burst out there, for you or anyone else...Maybe slightly different for me, not being a developer, I just want a better rural life with land I can afford to own...and maybe a bit of tourist money to help keep me afloat...but we'll have to see. It would have been nice to meet up with you, but I gather you are in a completely different region.
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Post by TheTravelBug on Mar 31, 2011 20:00:58 GMT
Bubble most definitely burst!!!! More likely completely exploded around a year to 18 months ago. Property prices plummeted. For people buying now is great time as everything at rock bottom - same level as back in 2004!
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Post by TheTravelBug on Apr 5, 2011 13:57:32 GMT
Deposit now received for this house. Payment by installations over the next 4 or 5 months.
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Duke
Junior Member
have a nice day..
Posts: 56
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Post by Duke on Apr 6, 2011 16:09:03 GMT
I'm pleased for you...I didn't realise you took deposits and installments, the guy (Paul) I'm going out to see (as well as anyone else with something of interest to show me) offers me £500 down on a ten grand sale, and installments over 3-5 years (or just settle up when you can before this). it does make things more doable, as all my cash is tied up in my Business and House, and won't be released until I get rid of both.
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Post by TheTravelBug on Apr 7, 2011 6:26:46 GMT
I wouldn't accept instalments over such a long period, and certainly not unless there was interest on the payments as in next 3 to 5 years prices are likely to increase a bit. But over a period of 3 to 4 months is fine as takes a while for people to sort out their company and come over to Bulgaria. And for me, the whole idea is to have less to manage and worry about, if I still owned a place for the next 3 to 5 years would still have all that and insurances and taxes to pay on it, repairs etc......
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Duke
Junior Member
have a nice day..
Posts: 56
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Post by Duke on Apr 7, 2011 13:50:35 GMT
Yeah, understood, that's why I thought he was offering a good deal, in my case he said as soon as I paid the deposit and completed the paperwork, I could use the place..to good to miss out on that offer. Having said that, I still want to see what else is available while I'm there in the area. Doesn't hurt to look, but I have a pretty good idea of what it is I want/need...as you know...I think in his case, he has a lot of properties and an office there as well as here, and is trying to kickstart his market, he's also looking for agents too, so I guess he has no plans to go anywhere else, unlike yourself.
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