Wednesday, August 6, 2014

House hunting holiday. Part 2

Exploring beautiful BG.
 
The next morning we went back to the property we liked, but decided it was going to be too much work for us (one of the outside walls was falling down!) After this we weren't really sure what to do. M and D had nothing else on their books that would suit us.
 
As it was a boiling hot day we went to the village of Izvorovo (our second choice of where we would like to live) and got a beer at the shop. M and D spoke to the lovely shop keeper about us and managed to find out there was a property for sale on the edge of the village. It didn't have much land but it did have empty land surrounding it which we could look into buying if we wanted. We had nothing to lose so we went up to have a look.
 
The house was great; in need of some love but not about to fall down. There was a barn and out buildings, a very over grown garden and to top it off a beautiful walnut orchard backing onto a pine forest. It was also on a hill so had lovely views over the village and surrounding hills. We were already picturing ourselves sitting there with a glass of wine on a long summers evening! The only problems were that it wasn't quite big enough for our campsite (although there was a very nice plot of land joining it) and we had no idea of the price.  

'Our' walnut orchard. 

Annoyingly we had to leave the next morning to meet some other estate agents near Elhovo in the south east. We said goodbye to M and D and they told us they would keep in touch to let us know more about 'our' lovely property.
 
Before going to Elhovo we headed down to visit Sakar Hills Campsite, near Harmanli, for one night. This area was where I originally really wanted to be as it was the only route to Turkey so there would be alot of passing trade. However the feel down here was much more 'out back' with lots of deserted villages and gypsies. We ended up meeting the owners of the campsite - an older English couple who had been out here several years. Even they said that this area was 10 years behind the rest of Bulgaria (so about 50 years behind the UK!) We did tell them that we were looking to buy a property and they warned us off estate agents and even drove us to have a look at a property that was for sale! They definitely made us a bit worried as they said the most we should pay for a house with some land is about 3000 GBP - at least half of everything we'd been shown by M and D. Are we getting that ripped off? Or is it the region we were in? Anyway they were friendly and, even though it was rustic, the area was extremely beautiful. But in the end we decided that we didn't want to live there.
 
Sakar Hills Camping
The next day we called the other estate agents (Brits2Bulgaria) to cancel. We decided not to waste their time and that we would drive back through the center of Bulgaria on the old main road, just to explore another area and look at some more villages. We were very excited to hear from M and D that the property was 13500 GBP and that there was some joining land available for sale as well - although not the bit we'd seen. As it was on the way we decided to go back for one more look the next day.
 
In the end the place was perfect. It has everything we want/need - including a total of 2 acres of land - all for 20000 Euros (roughly 16500 GBP.) That is with all estate agents fees and legal fees (as long as we use the estate agents lawyers.) We were feeling very excited and over-whelmed - we weren't really expecting to find a property in one week! Anyway, after spending our last days with some friends near the Rila Mountains we had to fly home and think about what to do next! 
 
The first glimpse of our future campsite.
 

4 comments:

  1. Given the big difference in the advice you got from the people at the camp-site ("pay no more than £3000") and the price you paid for your property, did you ever get to find out how much the vendors actually got for the property and thereby what cut the estate agent got?

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  2. Hi Mike. As far as we know they only got the 500 euros commission that they said they would get (I think it was 500 euros, I can't quite remember now.) Since meeting others in this area and finding out the price of their properties and land I think our house price was good. We think it must be down to the area - we are close to two big cities, just off the motorway, up and coming wineries/spas nearby etc, whereas the area with the 3000 pound house was a little more run down with many people moving out of the villages. Like anywhere I guess properties will be different prices - and anyway we are very happy with what we have! :)

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  3. You are right, location is everything and besides, you got a great property. In the past few days I've been looking up property in Bulgaria and the only thing you can get for €3,000 - €6000 is a complete ruin in a remote location on a much smaller plot than what you've got. I think you did really well there. When you think of it, the same money would just about buy you one of those beach huts in Brighton so you got a lot for your money. I'm looking forward to following your blog and seeing how thing go as you develop the camp site. Best of luck for 2016 !!

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    1. Yes exactly! Thank you, and thanks for following. Are you planning to move out here yourself one day?

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