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Lot:
A1-21197-1
Galovo, BG

Collection by appointment

Current bid
Status
Or
VAT
Auction fee
VAT auction fee
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About this lot

• Two-storey house + 1,670 sqm of land • Located in Galovo, near the Danube River and about 10 minutes from the capital Oryahovo. • There are numerous conversion options available to the new owner, from a simple holiday home in the country with the best value and lowest cost of living in Europe to a profitable Airbnb/guest house. • There are no strings attached to the property, and it can remain as an investment. The only mandatory ongoing cost is the annual taxes, which are around €35 per year. The property is old, has been vacant and requires modernization throughout the property. • Viewings can be arranged at short notice only before bidding, for the duration of the auction. The transfer of ownership can be completed through a local notary, or remotely through any notary in Europe or the Bulgarian Embassy in The Hague. • Notary and legal fees apply, estimated at up to 7% including transfer tax. Land ownership and residency rights are available to all EU citizens. Non-EU citizens can also own land by forming a non-trading company Ltd. in Bulgaria. Fees and terms vary, please contact for more information before bidding if you are a non-EU citizen.
Lot number:
A1-21197-1
Location:
Galovo, BG

Lot specifications

Documents

Attention please!
• This is an auction by auction only. There will be no turn-off; • During the auction, we may contact active bidders by telephone or in writing to check bids. We do this to protect bidders and the bidding process. It is therefore important that you, as a bidder, can be reached during the auction. • After the client has been awarded, the invoice with the purchase price + auction costs 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 will be 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 with the message 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 as not sent. • The terms and conditions of use and the legal relationships that arise in connection with the auction are governed by Dutch law; • Troostwijk Auctions Real Estate • Overschiestraat 59 • 1062 XD Amsterdam • realestate@troostwijkauctions.com • Tel. +31(0)33 - 808 02 62

Troostwijk is not the seller, but auctions as an intermediary on behalf of a third party.

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