Sale

Plot with construction potential in Lovets village, Shumen region

Oblast ShumenLovec
Published: 18 January 2026 Updated: 12 September 2026
Sale37,000 €370 €/m²

~31,500 € BELOW MARKET

far below market

against the median for houses in Lovec (10 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
100 m²
Land Area
800 m²
Construction
Brick

Price history

3 changes since listing▼ 26% · 13,000 €
  1. 50,000 €18 January 2026Initial price
  2. 46,000 €▼ 4,000 € (8%) 6 February 2026Price reduced
  3. 43,000 €▼ 3,000 € (6.5%) 26 February 2026Price reduced
  4. 37,000 €▼ 6,000 € (14%) 21 April 2026Price reducedCurrent

Property analysis

This house is priced about 31,500 € below the typical price (the median) for houses in Lovec (10 properties) — 370 €/m² against 685 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The property is located in Lovets village, Shumen region and is a plot with an area of 100 sq m.

Layout is not applicable as the old house has been demolished, but there is potential for reconstruction or new construction.

Construction is brick, and the property has electricity and water connections, which facilitates utility hookups.

Location is front-line, close to natural surroundings and village infrastructure.

This property is suitable for those looking for a place to build a home in a quiet environment with potential for new construction.

The asking price has fallen by 13,000 € (26%) since it was first listed.

Source: Market statistics for houses in Lovec

Pros and cons

AI summary
Pros
  • electricity and water connections
  • front-line
  • construction potential
Cons
  • no existing building

Details

Category
Residential

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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