+133% above market
median 732 €/m² for comparable properties
150,000 € 1,704 €/m²
No yield data
Appears once there's enough market data
Sale23,995 €299 €/m²
~34,500 € BELOW MARKET
far below market
against the median for houses in Velchevo (18 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
80 m²
Land Area
5,650 m²
Construction
Wooden Frame
Price history
1 change since listing▼ 20% · 6,005 €
- 30,000 €
- 23,995 €▼ 6,005 € (20%)
Property analysis
This house is priced about 34,500 € below the typical price (the median) for houses in Velchevo (18 properties) — 299 €/m² against 732 €/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 an old two-storey house in Velchevo village, Lovech region, situated on a plot of about 5.5 decares.
The layout is typical for a timber-joist construction, with the building requiring significant renovation and adaptation for modern use.
The construction is wooden frame, with a well as a water source and an electricity connection, providing basic utilities.
The location is remote and quiet, accessible via a dirt road and offering panoramic views of the surrounding hills and mountains.
The property is suitable for people seeking privacy and a connection with nature, and can be used both for permanent residence or as a rural or holiday home.
The asking price has fallen by 6,005 € (20%) since it was first listed.
Pros and cons
AI summaryPros
- large plot
- panoramic view
- electricity connection
- well
Cons
- needs renovation
- dirt road access
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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