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About this lot

• Located in the quaint village of Chervena in the Veliko Tarnovo region, this classic property is offered with a generous plot of 1,700 m² of building land and an outbuilding. • Chervena is a well-connected location and is home to multiple expats who have chosen Bulgaria for its very low cost of living, as well as holiday home owners. The village is easily accessible via the main Sofia – Bucharest road, which provides quick access to all major attractions, including Veliko Tarnovo. The outer edge of the village is surrounded by hills, forests and unspoilt nature. Nevertheless, all major cities are quickly and easily accessible. The old Bulgarian capital and UNESCO World Heritage city of Veliko Tarnovo (see the last photos in the list) is easily accessible, as is the lively university town of Svishtov, with several supermarkets. • The property has not been inhabited for several years and requires complete renovation. • Ideal if: A renovation project for: holiday home, permanent home for retirees, a place for remote workers/digital nomads, or a profitable Airbnb project in one of Bulgaria's most popular tourist regions. • There are no obligations attached to the property, and it can be retained as an investment. The only mandatory ongoing costs are the annual taxes, which are around €60 per year. • The transfer of ownership can be completed through a local notary or remotely through any notary in Europe or through the Bulgarian Embassy in The Hague. • Notary and legal fees apply, estimated at €600 + 7%, including transfer tax. Land ownership and residence rights are available to all EU citizens. Non-EU citizens can also own land by forming a non-commercial company (Ltd.) in Bulgaria. Fees and terms vary—non-EU citizens should contact us for more information prior to bidding.
Auction:
House + annexed + 1,700 m² land in Chervena, Veliko Tarnovo - Bulgaria
Lot number:
A1-33087-1
Location:
Chervena, Veliko Tarnovo, BG

Lot specifications

Quantity
1
Margin
Yes
City
5293 - Chervena, Veliko Tarnovo
Address
UPI VI-146, KV. 13

Documents

Attention please!
• It is an auction only by auction. No exit is organized; • During the auction, active bidders may be contacted by telephone or in writing to verify bids and to request a bank statement. This serves to protect both the bidder and the bidding process. It is therefore important that bidders can be reached during the auction. Troostwijk reserves the right to block accounts and remove bids. In that case, a bidder who was previously the highest bidder but outbid can then become the highest bidder again and be kept to the bargain. • After the client has been awarded, the entire purchase price (100%) and the auction costs must be paid within 48 hours; • After receipt of payment, the purchase agreement is drawn up by a local notary; • Payment of the other costs must be made after signing the purchase agreement; • Please note: a bid placed is unconditional and irrevocable; • 21% VAT is charged on the auction costs; • This sale comes with an 'as is, where is' clause; • The terms and conditions of use and the legal relationships that arise with regard to the auction are governed by Dutch law; • Troostwijk Auctions Real Estate • Overschiestraat 59 • 1062 XD Amsterdam • realestate@troostwijkauctions.com • Tel. +31(0)33 - 808 02 62

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