There is a stir on the high end property market in Veliko Tarnovo. Currently there is an increased interest for real estates located in the Old Part, the central area and the outskirts of the town. More than 35 luxury houses with prices starting at 150,000 euro are on the market at the moment. A mansion with total living area of 447 sqm and asking price of 250,000 euro in Arbanassi is one of the top priced propertis at the moment. A 3-story building part of the Samovodskata Charshia architecture complex next to the Emiliyan Stanev Museum is also for sale at 176,200 euro. 220,000 euro is the price for another delightfull property at the beginnig of Varusha quarter.
The center, the Old Part, and Kartala and Asenov quarters are apparantly the most sought after. According to real estate agents there is a distinctive interest in those locations. One of the listings on the market is for two properties on top of Varusha for 150,000 each; although it hard to reach the views that are revealed from there are stunning and probably the best in town. Close to the Town Library is another 350 sqm property which rises at 4 stories due to the specific terrain and is being sold at 220,000 euro. For those wanting to savour the peace, tranquility and fresh air of Kartala neighbourhood will have to dig deep in their pockets. Hoses with extras such a garden and pool start from 170,000 euro.
If you want to check some of them you can see an array of luxury properties on our website with the record holder priced at the staggering 530,000 euro http://www.yantrahomes.co.uk/en/fast-search-results/luxury-houses-for-sale/page-1
The villages are appealing with the peace and tranquillity they provide
The renewed growing tendency of people buying houses in the villages of Belyakovets and Malki Chiflik is taking hold of other nearby villages like Shemshevo and Prisovo. Villages in Veliko Tarnovo regions draw like magnets wealthier buyersand not only them. The unique charm of the villages and their peace and tranquillity are tempting to future home owners. Once part of the local community people quickly fall in love with the enchanting Bulgarian settlements. They even start contributing towards the better image of their village – fixing side walks, doing some voluntary gardening or donating small sums to local churches and landmarks.
The so-called villa zone of Malki Chiflik is now greater than the village itself. The houses in the village are around 170, and the ones in the villa zone – 200. This area is very attractive; the number of applications for building permits is growing with each day. The urban plan for development of Veliko Tarnovo envisions an expansion of the town in the direction of the village. Due to the increased interest house prices are now exceeding 20 – 25,000 euro.
The people of the village boast not only with the remnants of the ancient Roman town of Nicopolis ad Istrum but also with the mass production of tasty watermelons
A village with ancient history is striving to turn the Bulgarian watermelon into a national symbol. The village of Nikyup, in Veliko Tarnovo district, is proud not only that the ancient town of Nicopolis ad Istrum once stood in the same location as the nowadays village but also with the mass production of the sweet fruit. Each summer the village hosts the Watermelon fete which attracts thousands of people. The mayor of Nikyup came up with the idea of a village organization based on the love towards the tasty summer treat. Nikyup and three more villages will make a union which will organize tours in all the Bulgarian settlements which have similar watermelon celebrations.
The numerous foreign tourists who come to see Nicopolis ad Istrum each year will also find out why the locals take such a pride in watermelons when they taste the sweetest watermelons they have ever tried. The ancient Roman town itself is one of the most preserved in Eastern Europe and is just 2 km away from the village. The aim of the Mayor is to develop local rural and village tourism through the historical and cultural heritage of the Nikyup.
It is not a secret to anyone that during recent years Russian buyers’ interest in acquiring properties in Bulgaria has heightened. Even the Ukrainian crisis is not affecting this trend. There is one change though but it is a positive one – until the end of last year people in the age range between 55 and 65 years were the most active participants on the property market. In the general case they wanted to find a home in the sunny country to spend their days when they retire. But the tendency has turned. There are now enquires from young families and potential buyer between 25 and 35. These are predominantly owners of small scale businesses like shops, restaurants and small family run enterprises who are looking to develop the same kind of activity in Bulgaria. There is also one more change and it is that Russians are no longer looking only for cheap properties – they are now willing to spend between 25 000 and 45 000 euro.
The cost of the highway will amount to 1.5 billion lv without VAT
The ‘Improved Blue Version’ is the chosen route.
Click on the image for a larger view of the map.
The main advantage of the newly chosen route is that it is going to pass along as many towns and villages as possible. The highway is to connect the capital of Bulgaria to the Black sea town of Varna. The completion of the motorway is expected to improve the economic state of three Bulgarian regions – the North-Western, the Northern Central and the North-Eastern. Up to 2,9 million people will have immediate use of the main arterial road.
Four alternative routes have been thoroughly reviewed. After the analysis two of the possibilities received even further examination. These are the ‘Improved Blue Version’ that passes at an equal distance by Pleven, Veliko Tarnovo and Lovech and the ‘Green Version’ that goes along the currently existing I-4 main road. The ‘Improved Blue Version’, which is the chosen one, is considered to be the best option even from an ecological point of view. Some of the villages in Veliko Tarnovo region that will be relatively close to the highway, when finished, are Varbovka, Butovo, Rositsa, Mihaltsi, Stambolovo, Vodoley, Resen, Nikyup, Paskalevets, Polski Senovets, Kutsina, Krusheto and Draganovo and also the town of Pavlikeni.
The construction of Hemus highway is going to be divided in 8 lots and will be completed in three stages. The end of March is the deadline for a construction firm, which will have to work out a plan for the execution of the first stage, to be picked out. The aim is for construction works to start in 2016 but it is still not clear where the funding for the project will come from.
Traditional-styled Bulgarian house
Bulgaria moved 5 places upwards in the list with countries that Britons are most interested in to purchase a property. The data was released by a leading on line web portal that keeps track of British buyers’ countries of interest and property market trends. The chart is monthly and in February Bulgaria ranked 10th. In January the country was placed 15th.
Few years back it was usually placed within the first 5 positions; but last year it lost its ground and ranked 20th. For the first time since January 2013 Bulgaria gains back its position among the 10 most preferred destinations by Britons for buying a vacation home.
USA holds the number one spot with France and Spain second and third.
The number of apartments, the construction of which started in the last trimester of 2013, has risen by 268 % compared to the same period of 2012. The data was released by the Regional Statistical Office in Veliko Tarnovo. The building of 23 blocks of flats with 70 apartments has started since October. Their total living area is 7082 sqm. The construction of another 26 non-residential buildings with 7835 sqm has also been commenced.
The building permissions issued in the last trimester of 2013 are for 28 blocks of flats with 75 apartments and 43 non-residential buildings with a total floorage of 15929 sqm.