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 Old house in lovely mountain town - less than half price!

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Chris
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PostSubject: Old house in lovely mountain town - less than half price!   Thu May 05, 2011 4:05 pm

First topic message reminder :

Hi Folks

We are selling our house ... unfortunately, in the current financial climate, this will be at a big loss after the renovation work we've had done. The house purchase and renovation cost us over 90,000 euros in total but we're now prepared to accept just 45,000 euros for a quick sale.

UPDATE: we have now reduced the property even further to just 15,000 euros or £13,000. The house will stay on the market at this price for another six weeks.

Description and pictures below.

NOTE: the photographs below are over three years old (they are the only ones I have). The house no longer has any furniture in it, and has been standing empty for three years. Therefore, it will not look like it does in these photographs and you should expect to have a major cleaning up operation on your hands.

Anyone interested, or know anyone that may be interested then please PM me with any further questions, etc. Or, for another viewpoint, feel free to send a PM to TonyB, one of our Moderators here who has visited us at the house!

Thanks
Chris

--

Description:
Authentic 200 year old part-renovated, detached property with south facing courtyard garden set in a market town with all facilities within walking distance and open countryside within two minutes on foot.

Interior renovated to western european standards but in keeping with the syle of the architecturally preserved ancient quarter of the town of Kotel, surrounded by properties of the same architecture. Edge of village, with all amenities (shops, restaurants, bars, hospital, schools, doctors, banks, post office, police station, bus station, etc.) and fantastic parks and forests within 2 minutes on foot from the front door of the property.

Location:
1 hour drive from Sliven and Yambol
1 hour 25 mins from Black Sea Coast and Bourgas (with international airport)
1 hour 25 mins from Veliko Turnovo

The Property:
A historic 'monument of culture' of about 110 sq.m. living space and over 200 years old set in the ancient quarter of Kotel, museum town and architectural reserve. The property comprises a fully renovated authentic Bulgarian National Revival detached town house with south facing walled courtyard garden.

The house was internally renovated in 2008, including new wiring, plumbing, roof, insulation, double glazing, kitchen, bathroom, reversible air conditioning for cool/heat, log burner, floors, security system, etc. whilst maintaining the original features.

Approach:
In the preserved old quarter of this beautiful town, accessible all year through tarmac roads, the property is approached via a quiet residential cobbled lane, wide enough for all vehicles, to a private parking space in front of the wooden gates to the property.

Ground Floor:
Two wide semi-circular stone steps, made from old millstones, lead inside the house to:
A spacious Entrance Hall with original wood-carved panelling and flooring.
Living Room - Large airy room with solid wood flooring, new log burner and double windows, views to the garden.
Dining Room - Very light and bright room with solid wood floor and double windows with view to the garden. Reversible air-conditioning unit.
Kitchen - Fully fitted with high quality German-made kitchen including all appliances (fridge, freezer, integral dishwasher, oven, ceramic hob, extractor, etc.). Tiled floor and window to side.
WC with wash basin and tiled floor.

Very wide solid wood original turning staircase to:

First floor:

Large bright landing with original wooden panelling and floor with wonderful views over the rooftops of the old quarter to the mountains beyond.
Master Bedroom - spacious bedroom with solid wood flooring, decorative wood and separate dressing room, wardrobes and storage units. Three large double windows with views to the mountains.
2nd Bedroom - with original wooden panelling and decorative ceiling. Solid wood floor and with two large double windows offering views to mountains.
Family Bathroom - large with deep, claw-foot bath, his and hers sinks, towel radiator, wc, new stacking washing machine and tumble drier. Tiled floor and part tiled walls. Double windows.

Underneath the main part of the house is a cellar which is currently used for storage but could be used as a "
mehana"
.

Outside:
Log store with sink and outdoor tap.
Two detached outbuildings with summer dining area and stone built bbq.
Walled south facing courtyard garden, easily maintained.

NOTE: the front of the property has not been renovated and the wooden facade will need replacing at some point. We had a quotation from a specialist in Kotel to do this which worked out at 4,000 leva (2,000 euros) so you should include this cost in your calculations.


Other:
The house is on mains drains.
Wireless ADSL Broadband wi-fi internet available in the property.
Bulsat television with English channels available.
Weekly bin collections!

This is a great area with nice neighbours and beautiful houses. You are set on the edge of the town so all facilities with many shops and everything open all year, yet countryside at hand too. The town is upmarket and well established. Many locals speak English (the chemist, English language teacher at the folklore school, a Dutch family and more).

The town has a twice-weekly open air market all year round.

Photos:

The Bathroom:
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Master Bedroom:
[You must be registered and logged in to see this image.]

Dining Room:
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Entrance Hall:
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Kitchen:
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[You must be registered and logged in to see this image.]

Lounge:
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Detail of interior doors:
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General Outside and Garden:
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View from the Landing Window:
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General Views of Kotel Town:
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Last edited by 42 on Tue Aug 06, 2013 8:14 am; edited 7 times in total (Reason for editing : Reduced price to 15,000 euros)
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Edna Bira
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Sun Feb 24, 2013 11:34 am

Can you remind us of the price again please. T
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oddball
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Sun Feb 24, 2013 1:05 pm

Almost giving it away

Chris wrote:
Hi Folks

We are selling our house ... unfortunately, in the current financial climate, this will be at a big loss after the renovation work we've had done. The house and renovation cost us over 90,000 euros in total but we're now prepared to accept just 45,000 euros for a quick sale.

UPDATE: Due to time-wasters, etc., we have now reduced the property even further to 35,000 euros or £28,000

Description and pictures below.

Anyone interested, or know anyone that may be interested then please PM me with any further questions, etc. Or, for another viewpoint, feel free to send a PM to TonyB, one of our Moderators here who has visited us at the house!

Thanks
Chris

--

Description:
Authentic and original 200 year old renovated, detached property with south facing courtyard garden set in a market town with all facilities within walking distance and open countryside within two minutes on foot.

Renovated to western european standards but in keeping with the syle of the architecturally preserved ancient quarter of the town of Kotel, surrounded by properties of the same architecture. Edge of village, with all amenities (shops, restaurants, bars, hospital, schools, doctors, banks, post office, police station, bus station, etc.) and fantastic parks and forests within 2 minutes on foot from the front door of the property.

Location:
1 hour drive from Sliven and Yambol
1 hour 25 mins from Black Sea Coast and Bourgas (with international airport)
1 hour 25 mins from Veliko Turnovo

The Property:
A historic 'monument of culture' of about 110 sq.m. living space and over 200 years old set in the ancient quarter of Kotel, museum town and architectural reserve. The property comprises a fully renovated authentic Bulgarian National Revival detached town house with south facing walled courtyard garden.

The house has been fully renovated to in late 2008, including new wiring, plumbing, roof, insulation, double glazing, kitchen, bathroom, reversible air conditioning for cool/heat, log burner, floors, security system, etc. whilst maintaining all the original features.

Approach:
In the preserved old quarter of this beautiful town, accessible all year through excellent tarmac roads, the property is approached via a quiet residential cobbled lane, wide enough for all vehicles, to a parking space in front of the large wooden gates to the property.

Ground Floor:
Two wide semi-circular stone steps, made from old millstones, lead inside the house to:
A spacious Entrance Hall with original wood-carved panelling and flooring.
Living Room - Large airy room with solid wood flooring, new log burner and double windows, views to the garden.
Dining Room - Very light and bright room with solid wood floor and double windows with view to the garden. Reversible air-conditioning unit.
Kitchen - Fully fitted with high quality German-made kitchen including all appliances (fridge, freezer, integral dishwasher, oven, ceramic hob, extractor, etc.). Tiled floor and window to side.
WC with wash basin and tiled floor.

Very wide solid wood original turning staircase to:

First floor:

Huge bright landing (used as an office but suited to a single bedroom) with original wooden panelling and floor with wonderful views over the rooftops of the old quarter to the mountains beyond.
Master Bedroom - extremely spacious bedroom with solid wood flooring, decorative wood ceiling and walk through separate large dressing room, wardrobes and storage units. Three large double windows with excellent views to the mountains.
2nd Bedroom - with all original wooden panelling and original decorative ceiling. Solid wood floor and with two large double windows offering views to mountains.
Family Bathroom - very large with massive, deep, claw-foot bath, his and hers sinks, towel radiator, wc, new stacking washing machine and tumble drier. Tiled floor and part tiled walls. Double windows.

Underneath the main part of the house is a cellar which is currently used for storage but could be used as a "
mehana"
.

Outside:
A large log store with sink and outdoor tap.
Two detached outbuildings with summer dining area and brick built bbq.
Walled south facing courtyard garden, easily maintained.

Other:
The house is on mains drains.
Wireless ADSL Broadband wi-fi internet available in the property.
Bulsat television with English channels available.
Weekly bin collections!

This is a great area with nice neighbours and beautiful houses. You are set on the edge of the town so all facilities with many shops and everything open all year, yet countryside at hand too. The town is upmarket and well established. Many locals speak English (the chemist, English language teacher at the folklore school, a Dutch family and more).

The town has a twice-weekly open air market all year round.

Photos:

The Bathroom:
[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

Master Bedroom:
[You must be registered and logged in to see this image.]

Dining Room:
[You must be registered and logged in to see this image.]

Entrance Hall:
[You must be registered and logged in to see this image.]

Kitchen:
[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

Lounge:
[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

Detail of interior doors:
[You must be registered and logged in to see this image.]

General Outside and Garden:
[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

View from the Landing Window:
[You must be registered and logged in to see this image.]

General Views of Kotel Town:
[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

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[You must be registered and logged in to see this image.]

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oddball
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Tue Mar 05, 2013 7:22 am

Any luck wiht this beautiful house yet??? I can't believe it is not snapped up

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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Tue Mar 05, 2013 7:24 am

oddball wrote:
Any luck wiht this beautiful house yet??? I can't believe it is not snapped up

Unfortunately not Bernie ... however, we did have an enquiry yesterday (direct, and not through an agent) so fingers crossed!
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Tue Mar 05, 2013 7:25 am

oddball wrote:
Any luck wiht this beautiful house yet??? I can't believe it is not snapped up

Unfortunately not Bernie ... however, we did have an enquiry yesterday (direct, and not through an agent) so fingers crossed!
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Tue Mar 05, 2013 5:54 pm

I post it every day on facebook so if any of you guys can do the same please feel free to share the link thanks a million. g.

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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Tue Mar 19, 2013 7:00 pm

It just shows how much the market has changed in recent years, mainly due to the fallout from the 2007 banking crisis in the USA. Banks are not lending, they are rebuilding their damaged balance sheets, so folks are not able to borrow.
Even the UK mortgage market is running at just 60% of its pre-crash level.
I wonder if slashing the price is the right approach. Spending a lot more on promoting it might be money better spent, and that includes sweet-talking the local entrepreneurs.
Easy it ain't. Good luck!
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Sun Apr 07, 2013 6:12 pm

Chris wrote:


Renovated to western european standards but in keeping with the syle of the architecturally preserved ancient quarter of the town of Kotel, surrounded by properties of the same architecture. Edge of village, with all amenities (shops, restaurants, bars, hospital, schools, doctors, banks, post office, police station, bus station, etc.) and fantastic parks and forests within 2 minutes on foot from the front door of the property.
.
.
.
The Property:
A historic 'monument of culture' of about 110 sq.m. living space and over 200 years old set in the ancient quarter of Kotel, museum town and architectural reserve. The property comprises a fully renovated authentic Bulgarian National Revival detached town house with south facing walled courtyard garden.
Chris, just a nosey question as I'm really surprised it hasn't sold yet, but do the above 'architecturally preserved ancient quarter' or/and 'historic 'monument of culture' comments have any baring, basically is it a protected site or anything like that?

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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Mon Apr 08, 2013 6:46 am

Hi Phil

Phil-H wrote:
Chris, just a nosey question as I'm really surprised it hasn't sold yet, but do the above 'architecturally preserved ancient quarter' or/and 'historic 'monument of culture' comments have any baring, basically is it a protected site or anything like that?

I wouldn't have thought so to be honest. The only stipulation with the 'listed buildings' is that the outside can't be changed (it has to remain stone bottom, wood top, tiled roof, etc.). Also, you wouldn't be allowed to add new apertures or replace the wooden windows with PVC.

However, inside the property you can do anything you like! Therefore, we kept the outside traditional, but the inside is quite modern.

Cheers
Chris
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Mon Apr 08, 2013 12:20 pm

Ok thanks.

Only you know what it's like here in the UK, the slightest whiff of 'LISTED' and then in most cases we can't even sneeze on a building without getting permissions, so I wondered if that may of been what people were possibly thinking.

Good luck, and hope you find a buyer soon.

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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Thu May 23, 2013 7:10 am

Just refreshing old posts and notices this fab house is still for sale - It looks fantastic. Good luck with the sale Chris. g

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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Mon Jul 29, 2013 3:18 pm

Hi Folks

Just to let you know, we have just reduced the price of this fabulous house to 15,000 euros.

This is in the hope of achieving a very quick sale. If you know anybody that's looking for a real piece of Bulgarian history for a bargain price, please send them the details.

We will leave the house on at this price until end of September, at which time we will be taking it off the market all together and will probably try to sell it again in a few years.
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Tue Jul 30, 2013 5:14 am

15k!!!!!!!!!! That's almost giving it away, even I'm tempted and i'm a tight ass! I ought to come and see this place.
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Thu Aug 01, 2013 5:54 am

Hi Chris
Sent you a PM
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PostSubject: Re: Stunning house in lovely mountain town - HALF PRICE!   Thu Aug 01, 2013 10:23 am

ch85st1 wrote:
Hi Chris
Sent you a PM

Just replied! I already have a few visits lined up this weekend so will be in touch sometime Monday if it's still available.


Edna Bira wrote:
15k!!!!!!!!!! That's almost giving it away

Yup. In fact, that's less than we paid for the fitted kitchen and appliances!
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