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3 Bedroom Villa With Full Planning for Large Extension (For Sale - 21,000 E and available on 'rent to buy') I had specifically gone out in March 2006 to view this villa as it was in the same village as two of my other properties and I wondered whether it would make a good place for me to call home. The villa was very sweet and already had internal plumbing and a small wet room. There were two decent sized rooms downstairs and 2 bedrooms upstairs, accessed by some steep external metal stairs and a lovely, wooden paneled tavern. The house was sat in a decent sized plot of land and the plot opposite it was for sale also.
I decided that as it was in the same village as my other two properties it would be silly to miss out on the opportunity to buy a third property close by. So I put in an offer just below the asking price and this was to include the plot in front which I could use for growing vegetables or a building plot later on. The offer was accepted. February 2007: Plans drawn up for a lovely 3 bed villa with a large wooden balcony with great mountain views. Waiting for quote for extension and renovations. March 2007: Friends currently living in ground floor of villa while they sort out renovations for their house in next door village. May 2007: Applied for new Skitsa (plan) of villa so I can instruct architect to draw up building plans and apply for permissions. June 2007: Architect instructed and have visited property for them to take measurements. July 2007: Got approval stamps for extension and work from water and electricity board. First set of plans done, but need to carefully consider position of internal stairs and roof height for extension so bathroom has enough room. February 2008: Eventually after much hassling got quote for doing large extension and renovation of old part but builders are taking the p*** so will look for alternatives. I may decide to leave this renovation for now and spend money doing up two new houses next door that I have just bought. November 2008: Had some minor repairs done on villa to put in new boiler, plumbing for washing machine, minor roof repairs and replace some old taps. Electrics were checked to make sure safe and working. December 2008: Kitchen was re-tiled and plastered and whole of downstairs painted and property was lived in for 2 or 3 months. July 2009: Some plaster and paint work done at front of villa. The plot is being cleared and the villa has been cleaned. I have decided to sell this villa so I can concentrate on the two other houses I have renovated in the village. Here is a video of the property and plot:
The villa is concrete construction and in good condition. The windows all have secondary wooden glazing except for smaller windows in the bathroom and kitchen but the putty around the glass panes could do with being replaced in a number of the windows. The floors are all concrete, although currently covered in lino. The tavern is all wood paneled and decorated traditionally and there is a small storage room with shelving at the rear of the tavern. The plot has grape vines, rose bushes, fruit trees and is fenced on all sides and is flat and mainly grass. Here are scans of the plans: Downstairs showing main entrance into hall and then off this is bedroom, shower room and lounge area which leads off into sun room with internal stairs down to taven and through to kitchen, stairs to second floor and covered patio area. Upstairs there is a large bathroom, 2 large bedrooms, and a large covered terrace area.
If you are looking for a property that is habitable fairly comfortably but offers much potential for expanding and putting your own mark on, then this is perfect. And with the added bonus of a separate building plot opposite or somewhere to graze animals, grow vegetables.....The village is fairly lively, there are 3 or 4 shops, a couple of bars and a local restaurant as well as a kindergarten, school, dairy and cheese factory. It is only 4km from Yagoda mineral spa resort with outdoor pools and baths and 20 minutes from Stara Zagora and 15 minutes from Kazanlak. FOR SALE: Offers around 21,000 Euros for villa and plot opposite and all plans for planning permission. Would make an ideal property if someone wanted something liveable in while they did further work on the house or as a longer term investment with income potential from rental. I receive quite a few enquiries about this villa and am happy to carry on advertising it for rent for new owner. FOR SALE - 21,000 Euros Rent To Buy Scheme The idea behind the scheme is to help tenants who are unable to purchase a property outright get on the property ladder, while being able to settle into their new home properly and for the owner, it secures a purchase, subject to contract. Basically a price is agreed for the property, in this case 21,000 Euros for the villa as it is, fully furnished. The tenant pays a deposit as they would if they were buying the property normally, but this tends to be 5% not 10%. This deposit is basically a payment for the 'option to buy the house at an agreed price' and the money is paid to the owner. A rent is then agreed, which is above the usual market rent and the additional rent paid is used to pay towards the purchase price. Insurance and tax remain the responsibility of the owner until completion. A time limit is set for completion. If at the end of the period the tenant decides not to proceed, then the tenant loses their deposit and any rent paid. However, if they opt to go through with the deal, the purchase price is reduced by the deposit paid and agreed amount of rent. So for example in this case a deposit of 1,000 Euros is paid. Rent could be agreed at say 300 Euros/mth, with the villa usually being rented out for 100E/mth. I would then be happy for 250E/mth to go towards the purchase price and agree a time frame of 24 months (or sooner for completion). At the end of 24 months, if the tenant agrees to buy, then the agreed price of 21,000 Euros is reduced by the 1,000 Euros deposit, less 6,000 Euros (250 x 24) and the tenant pays the difference of 14,000 Euros for the villa. These figures are just an example and a larger deposit or rent could be paid and am happy to discuss options for a scheme over a longer period than 2 years. Or I am happy to divide off the additional plot (depending on cost to do this) and sell just the villa with 800sqm garden for around 19,000E. Please contact me if interested. I would also be very interested to swap this property for something in France, maybe a plot of land somewhere.
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