Detached Houses

Located in Perilovets, a quiet secluded village surrounded by unspoiled nature and hills near the town of Vidin. • 2,000 m² of land is included along with a large main house with two floors and five rooms and a over 100 year old house (later converted to use as an annex/wine cellar). • There are numerous conversion options available to the new owner, from a simple holiday home in the countryside with the best value and lowest cost of living in Europe to a profitable Airbnb/guest house. • Highlights of the Vidin region include the Danube River and the UNESCO World Heritage Site of Belogradchik. • The region is currently undergoing a rapid transformation with numerous infrastructure projects currently underway. The new motorway from Craiova (RO) to Thessaloniki (GR) will drastically reduce travel times to/from Western Europe. Together with a new high-speed rail line, the ongoing projects are set to modernize and transform a region with a promising future. • There are no strings attached to the property, and it can remain as an investment. The only mandatory ongoing cost is the annual taxes, which are around €35 per year. The property is old, has been vacant and requires repairs and modernisation throughout the property. • Viewings can be arranged at short notice only before bidding, for the duration of the auction. The transfer of ownership can be completed through a local notary, or remotely through any notary in Europe or the Bulgarian Embassy in The Hague. • Notary and legal fees apply, estimated at up to 7% including transfer tax. Land ownership and residency rights are available to all EU citizens. Non-EU citizens can also own land by forming a non-trading company Ltd. in Bulgaria. Fees and terms vary, please contact for more information before bidding if you are a non-EU citizen.