First-class solid house with central location in town of Velingrad, Pazardzhik Region

Location: We offer you a stylish 2-storey house for sale which benefits of the central location in town of Velingrad, Razardzhik Region.

Town of Velingrad is the biggest resort with mineral springs in the country situated among the beautiful surroundings of West Rhodopi. The town is about 93 km away from the capital. The nearness of the Belmeken reservoir provides a fantastic opportunity for fishing and sports. There is a high-mountain sports complex at about 3 km distance to the town.

Specifications: The house is on a main street in the centre of Velingrad which secures the swift access to various transport links and all communications. Other attractive houses occupied round-the-year are neighbouring the property.

The building is solid, a new development with well-maintained common parts and extremely fresh and representative facade. The excellent location and the perfect condition makes it suitable for office and business activities. The construction is contemporary, using high-grated materials only. The building consists of two floors and a spacious attic room /70 sq.m./. There is a small backyard outside with granite tiles and greenery. Possibility for garage is available.

All rooms are with first-quality finishing works, very spacious and sunny with pleasant view. Additional extras are round-the-clock security system, cable TV, Internet cabling, air-conditioners.

Disposition: I floor - an entrance-hall, a living room, two self-contained bedrooms, a bathroom with shower cabine and WC. II floor- three self-contained bedrooms, a large corridor, a kitchen box with dining area, a bathroom with shower cabine and WC. An inner staircase is leading to an attic room.

Exposure: The house faces East-West.

Floorings and walls: First-class laminated parquet in all rooms; walls- latex painted

Bathroom and WC: Two bathrooms with shower cabines and WC, with terracotta tiles and faience.

Accents

• Top location
• Rapidly developing district
• First-quality completion works
• Internet, cable TV, 24-hour security system
• Functional room disposition
• Backyard

Adiitional information:

It is easy with us...

We, Mirela Real Estate Agency always strive at making the process of finding and buying property as easy as possible for our clients, that is why we offer a number of services, some of which are directed especially to our foreign clients. If you are a foreigner and wish to buy or rent property, you shouldn't miss the opportunity of having full use of the services by our teams of professionals in the sphere of real estate. They will provide you with helpful service, taking into consideration all the details, as well as legal assistance during the whole process of buying or renting property in Bulgaria. This includes solicitor’s assistance, full checks of the approved property for encumbrances /mortgages, restraints, statements of claims, established real rights/, preparing all relevant and necessary contracts and paperwork. We are also ready to organize your welcome and stay in Bulgaria, as well as accommodation in a hotel of your own choice, visiting the properties that may interest you, together with a real estate broker and a translator and arranging transportation. You may need advice after the purchase as well - we are there to help.

You may have a look at our new catalogue.

Construction type: Brick

Stage of construction: permission to move in granted

Heating: Air conditioner

Exposure: East, West

Number of bathrooms: 2

Joinery: Wood windows

• Permission for use granted
• New development
• Security

Acquisition of land by foreign citizens and foreign legal entities in Bulgaria after 01.01.2007

According to the commitments of Bulgaria made in the process of European integration in Art.22 of the Constitution, changes have been made to harmonize Bulgarian legislation with the law of the European Union. According to these changes, foreigners and foreign legal entities can acquire ownership of land in the following cases:

I. as provided in the terms and conditions of the Accession Treaty of the Republic of Bulgaria to the European Union;

II. by virtue of an international treaty, ratified, promulgated and entered into force for the Republic of Bulgaria;

III. through inheritance by law.

I. The legal framework related to the acquisition of land is outlined in Attachment VI, Section 3, Clause 1 Free movement of capital of the Accession Treaty. According to this Attachment, foreign citizens of the member-states of the EU or the European Economic Community (EEC), as well as foreign legal entities established in accordance with the legislation of a member-state or a state consituting a party to the EEC Agreement, who are legally staying in Bulgaria from 01.01.2007, can acquire ownership of land for a second home according to the rules of land acquisition applying to Bulgarian citizens. A legal definition of the term "second home" is given in the Amendment and Supplement Bill to the Ownership Act, where it is written that a "second home" is the one different from the main home one possesses in any of the EU member-states.
According to the norm, all limitations to citizens of the EU and EEC member-states who are permanently staying in Bulgaria are no longer valid. A definition of the term "permanently staying" is given in the newly adopted Act on entering, staying and leaving the Republic of Bulgaria by EU citizens and members of their families /State Gazette, Issue 80 of 03.10.2006/.
For citizens or legal entities who are not permanently staying in Bulgaria, limitations to the acquisition of land for a second home are introduced, i.e. they shall be limited as to this right. The time period of this limitation is 5 years, i.e. up to 2012.
As regards the acquisition of ownership of agricultural land and forests, Attachment VI, Section 3, Clause 2 introduces a 7-year limitation period, in which citizens of the EU and legal entities, established in EU member-states cannot acquire such land. This, however, does not apply to "independently employed agricultural producers who are citizens of another member-state, and who wish to settle and stay legally in Bulgaria".
Bulgaria has the right, irrespective of the time periods specified above, to make a general review of these transitional measures in the third year from the EU accession, i.e. in 2010. In view of this aim, the Commission shall present a report before the Council. The Council can vote unanimously by proposal of the Commission to shorten or to lift altogether the transitional periods of 5 and 7 years respectively.
In connection with these changes, there are amendments to the Forestry Act, Protected Areas Act, Agricultural Land Ownership and Use Act, and the Act on Restoration of Ownership over Forests and Land in the Forestry Reserve Act being prepared as well.
See also
http://www.parliament.bg/?page=home&lng=en&r=n

II. The issue of acquisition of land by foreign citizens and foreign legal entities established according to the legislation of a state which is not a member of either EU or the EEC is referred to in the second hypothesis of Art. 22 of the Constitution. Such citizens and legal entities can acquire ownership of land by virtue of an international treaty, ratified, promulgated and entered into force for the Republic of Bulgaria. This regulation is valid as of 01.01.2007 and there is no hypothesis for amendment within a certain time period.

III. In the old Art.22 there was an obligation for foreigners, who have acquired land by inheritance, to alienate it within 3 years of the acquisition. This text has already been cancelled. The regulation, however, still exists in Art.29, para.2 of the Ownership Act. This limitation is planned to be cancelled with the changes in the Ownership Act, and thus a restriction will remain only in relation to the acquisition of agricultural land and forests.