Property in Bulgaria- Real estate investment opportunities with high return
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This is a 2-storey building built in the Old Bulgarian style located near the centre of the village of Arbanassi.
The village of Arbanassi is an architecture and historical reserve located at the distance of 4 km north-east of Veliko Tarnovo. The Arbanassi type of houses may be defined as dwellings-fortresses with high, solid walls and heavy gates, iron grids and secret hiding-places, but which are spacious and comfortable, richly decorated and furnished inside. Namely these unique monuments from the Bulgarian architectural and arts heritage are the cause for Arbanassi to be frequently visited not only by tourists but also by scientists, archeologists, historians, architects, and artists.
The property is with built area of 55 sq. m. It has the following disposition of rooms:
First floor: consisting of a cellar (110 sq. m.,0,0);
Second floor: consisting of 2 rooms and a corridor.
An asphalt road leads to the house. The property is supplied with running water, electricity and a telephone line. The property is in bad condition and it is suitable for building up a holiday house or a tourist villa on the place of the existing house.
Garden: 600 sq. m.
This region distinguishes itself for its unique location and climate. The fact is, that the city is approximately at equal distances from the four major Bulgarian cities Sofia, Varna, Plovdiv and Bourgas, which makes it the right place to buy a house. The rich history and the exquisite architecture both of Veliko Turnovo and the other towns from the region quickly attracted not only tourists, but investors too. The city of Veliko Turnovo is situated in the central part of Bulgaria at the foot of the Stara Planina mountain. It is spread on historic three hills and their surroundings Tzarevetz, Trapezitza and Sveta Gora in the valley of the meandering Yantra river. It is an administrative centre and the capital of the second Bulgarian kingdom. The favourable climate, the abundance of cultural and historical monuments and the flourishing local crafts are all requisites favouring tourism. The medieval town is certainly the landmark of the city and one of the major tourist attractions. Spreading across the hills Tzarevetz, Trapezitza, Momina Krepost, Sveta Gora and the modern suburb Assenov, it clearly marks the two dominant fortresses of that time the ones of Tzarevetz and Trapezitza, and the so-called New City, which was formed between them.