100 % FREEHOLD!
Property located in the one of the most beautiful ski resorts in Bulgaria – Ribaritsa mountainous climatic resort. The property spreads over 9500 sq. m. of land and consists of a luxury villa house and a swimming pool. Property’s prices are expected to rise once the constructing of the second ski slope begins in the spring of 2007. The property is only 10 min drive from the place where the ski slope will be and 15 - 20 min drive from the existing one. There are couple of English and Spanish contractors that have bought big plots of land and have already started building Villa houses, which are to be sold/rent.
This property is an excellent investment as the land can be split up into parts and sold once the building of the second (and bigger) ski slope starts in the spring of 2007. Prices of land per sq. m. AT THE MOMENT, varies between 27 and 34 GBP. Best is to be divided into parts of up to 3000 sq. m. for higher and faster money return. The house with the swimming pool could be kept and given for rent or sold. The house consists of four luxury rooms, dining room and a kitchen, bathroom and a toilet. There is a BBQ corner just outside the house. The property is supplied with electricity and running water.
The village
The village of Ribaritsa is situated at the foot of the Stara planina mountain. The beautiful surroundings, clean air, the rivers and the meadows, the warmth and hospitality of the people of Ribaritza, will mainly be in the care for tourist routs, construction activities in the forest; on the territory of the National Park `Stara Planina` the Nature Reserve -`Tsaritchina`. The beautiful nature is a perfect for relaxation from the chaos of the everyday life in the big cities. In the same time the participants will meet with the locals and find out the Bulgarian hospitality. Those who wish can visit the town of Teteven not far from Ribaritza as well as some monasteries nearby, connected with Bulgaria history and religion.
The Municipality
Teteven municipality is located in North-Central Bulgaria in Lovech District. The Municipality consists of 1 town (Town of Teteven) and 25 villages. Teteven Municipality is situated in the northwestern part of the Middle Balkan Range. The relief is mountainous and semi-mountainous, strongly undulating. The altitude above sea level varies from 340 to 2,198 m. The highest point is Vezhen peak, the third highest peak in the Balkan Range. The climate is moderate continental. A characteristic feature is the large percentage of forest areas - 68%. Teteven Municipality is the owner of approximately 190,000,000 sq. m of good quality forests.
In the Central Balkan Range National Park 21 worldwide endangered vertebrate are preserved. The Ribaritsa mountainous climatic resort is at 12 km distance from Teteven and offers wonderful setting for recreation and business meetings, options for skiing, cycling, photo safari, mountain hiking with a qualified guide, entertainment by fishing.
Combine perfect holiday with perfect investment!
The property is:
9 miles from the Municipality centre - town of Teteven;
56 miles from Sofia - the capital of Bulgaria;
- 64 miles from Veliko Tarnovo;
- 105 miles away from Ruse City and the border with Romania;
177 miles away from Varna Airport and the seacoast.
DO NOT MISS OUT! YOU WONT REGRET IT!