Old house in town of Velingrad in close proximity to Kleptuza park

Location: The house we offer you is situated in Chepino quarter, town of Velingrad in close proximity to Kleptuza park. Town of Velingrad is proud of its nature Kleptuza phenomenon - the biggest karst spring in Bulgaria. Every second 570l ice cold water gushes on its surface and form two lakes that float into Chepinska river. The abundance of mineral water, the comfortable modern bathrooms, the mild climate and wonderful nature attract more than 200 000 tourists every year.

Specifications: This is a three-storey solid house, built in the 30s of the last century. The house is well-preserved as a construction, but needs an inner repair. The first floor used to be a shop and was made by the standards of the commercial premises. On the second floor is situated the residential part of the property. The third floor is a mansard. The house comprises a nice deep basement with stonework that used to be a tavern years ago. Nice small balconies and wooden joinery are available.

Exposure: The bigger part of the house faces South-east.

Accents

• On a very convenient place
• In a resort with mineral springs
• Solid construction
• Ecologically clean region with fresh air

Additional information:

Why you trust us...

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.
Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.
On arrival you will be greeted by a friendly and highly trained representative.
Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

Mortgage Loan possibilities...

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free.
Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.
UBB - United Bulgarian Bank
The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The prepayment fee is 5%.
First Investment bank
Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate.
There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate. The application fee is Eur 50 and the management fee is 2%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.
The term for approving the application is usually up to 2 days.

Finishing and furnishing...

For owners of properties in Bulgaria, interested in renting their premises or for those who want to feel their property like a real home we can take up organization and control or full completion of construction or repair works. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. If you prefer our partners can help you design an ideal interior to suit your taste and style, and completely furnish the property  so that  everything is ready for you.

Construction type: Brick

Heating: Electricity heating

Exposure: East, West

Number of bathrooms: 3

Balconies: 2

Joinery: Wood windows

• Mortgage

General Visa and Passport Information for Bulgaria (Consular Information)

The Bulgarian visas are issued by the Bulgarian embassies and consulates abroad, not at the airports or the land and sea passport control points in Bulgaria.
By applying for a Bulgarian visa, the applicant agrees that his/her personal data appearing on the application form would be electronically stored and processed, and if necessary, passed over to the appropriate authorities of other countries in execution of Bulgaria's international obligations.
A visa is issued only to holders of passports or travel documents that are valid for Bulgaria for at least 3 months after the end of the intended stay and that contain a blank page for affixing of visa vignettes.
With effect from 1 January 2006, all children entering Bulgaria will need to have their own passport. Children included in their parents' passports will only be allowed in if the passport also contains their photograph.
Upon entry into Bulgaria, foreigners should declare in writing the purpose of their stay and the address at which they will reside. To this end they should fill in a registration form . Exempt of that are the citizens of the European Union member-states and the citizens of the countries in the Economic European Area. The same applies to the UK for British citizens passport holders only.
This is in accordance with changes to the regulations for the implementation of the Law on Foreigners which the Bulgarian G overnment approved at the end of 2005 . The new regulations came into effect from 1 January 2006.
 

I. Holders of valid ordinary passports from the following countries do not need a visa to visit Bulgaria for up to 90 days within each period of six months:

Andorra , Argentina , Australia , Austria , Belgium , Brazil , Canada , Chile , Costa Rica , Croatia , Cyprus , Czech Republic , Denmark , El Salvador , Estonia , Finland , France , Germany , Greece , Guatemala , Honduras , Hungary , Iceland , Ireland , Italy , Japan , Latvia , Liechtenstein , Lithuania , Luxembourg , Malaysia , Malta , Mexico , Monaco , Netherlands , New Zealand , Nicaragua , Norway , Panama , Poland , Portugal , Republic of Korea , San Marino , Slovak Republic , Slovenia , Spain , Sweden , Switzerland , UK (British Citizen Passport Holders only), USA , Uruguay , the Vatican, Venezuela . SAR - China (Hong Kong, Makao)

II. Holders of valid ordinary passports from the following countries do not need a visa to visit Bulgaria for up to 30 days within each period of six months:
Israel , Macedonia , Romania , Serbia

Passport holders from the countries listed above need a visa only if their stay in Bulgaria will exceed 30 days, if they need to enter the country a number of times for a longer period of time, or if they need a long-term visa.

III. All holders of passports from countries not mentioned in I and II need visas to enter Bulgaria.

Visa application processing can usually take up to 10 working days, since each application needs to receive clearance by the Bulgarian Foreign Ministry in Sofia.

Foreigners entering Bulgarian territory on a motor vehicle have to present a document of ownership for that vehicle, if such ownership is not explicitly shown in the vehicle's registration documents.
IMPORTANT NOTICE: All foreign visitors should bear in mind that under Bulgarian Law they are required to contact their local police station within 48 hours of arrival in Bulgaria and present in writing the address at which they will be staying. If they are staying in a hotel or private lodgings, the hotel management/host bear the obligation to register them at the local police station.
The Interior Ministry has announced that Bulgaria's border checkpoints are to introduce separate passport - control desks for Bulgarians and foreign nationals.
The move is expected to ease official checks at border passport control in the wake of adopted changes to the legislation on foreigners that oblige them to fill in a registration form.

Consular Section Admission Hours: 
09.30 - 12.30, Monday to Friday (with an appointment)
12:30 - 14:00, Monday to Friday (without an appointment)

Useful telephone numbers and addresses:
24 Hour Automated Booking System: tel. 090 6554 0750 (calls cost GBP 1/min)
24 Hour Visa Information Service: tel. 090 6550 8950 (calls cost GBP 1/min )
24 Hour Fax on Demand Visa Application Form Service: tel. 090 6554 0819 (calls cost GBP 1/min)
Individual Inquiries on Submitted Applications: tel.   020 7589 3763 (13.00-15.00 only)
Consular Section Fax: 020 7581 9073

Consular Section Direct e-mail address - consular@bulgarianembassy.org.uk
Web site: www.bulgarianembassy.org.uk   Consular and Visa Info.
 

Updated 01.09.2006