Two-storey house

• Located in Golyam Dervent, Southern Bulgaria, only 1.5 km from Turkey and only 30 minutes to the capital Elhovo. • The house is old and has been vacant for a long time, extensive repairs are needed if you want to bring the property up to modern standards. Located in a small, picturesque and very discreet village overlooking the border with Turkey. • The property, as it currently stands, offers a viable investment opportunity ahead of the introduction of the euro in Bulgaria next year, when property prices are expected to continue to rise. • Surrounded by unspoiled nature, the location offers good privacy with no more than about 10 other people living within a radius of 10 km². The southern part of the country is perhaps best known for its pleasant weather and easy access to the coast, Turkey, and Greece, while remaining incredibly affordable. • 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. • There are no strings attached to the property and it can be left as is. The only ongoing cost is the annual taxes, which are around €30 per year. • 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. The winning bidder must comply with their obligations within 14 days of winning the auction. • For the full text, look at full description under documents!