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Mountain View House + 2 Outbuildings and 1,960 m² of Land in Rakovitsa, Vidin - Bulgaria

Current bid
Status

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Lot specifications
Quantity
1
Margin
Yes
City
Rakovitsa, Vidin
Description
Located in Rakovitsa, with direct views of the Stara Planina Mountains, a quiet and discreet location surrounded by unspoiled nature and forests — and yet only 30 minutes from the new highway!

The surrounding area offers unparalleled tranquility and privacy, while the regional town of Kula is easily accessible from the plot. A little further is the border with Serbia, with the town of Zaječar (SRB) just 25 minutes away. Here you will find shops, supermarkets and many excellent restaurants, bars and more.

There are countless conversion options available to the new owner—from a simple rural retreat in the country with the best value for money and lowest costs in Europe, to a profitable Airbnb/guest house.

The property has been uninhabited for years and requires complete renovation. Both outbuildings (barns) are suitable for conversion or traditional agricultural use. The plot comprises approximately 1,960 m² of land and offers wide views over the countryside towards the mountains.

There are no obligations attached to the property, and it can be retained as an investment. The only mandatory running costs are the annual taxes, which are around €45 per year. The property is old, has been vacant and requires full renovation and modernisation.

Notary and legal fees apply, estimated at up to €600 + 5%, including transfer tax. Land ownership and residence rights are available to all EU citizens. Non-EU citizens can also own land by setting up a non-trading company (Ltd.) in Bulgaria. Fees and terms vary—please contact us for more information before bidding if you are a non-EU citizen.

For the full text open the file under documents!
Additional details
• 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%) 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; • It is possible that after the auction closes, an e-mail will be sent out stating that the lot has not been allocated. Unfortunately, this is a bug in our system, which we are working on. The message should be considered not sent; • 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 dep. • Overschiestraat 59 • 1062 XD Amsterdam • realestate@troostwijkauctions.com • Tel. +31 (0)85 -107 43 03
Documents

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