Old two-storey house in the centre of Veliko Tarnovo

This house is priced about 132,000 € below the typical price (the median) for houses in Centyr (39 properties) — 517 €/m² against 1,429 €/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 timber-joist house located in the central urban area of Veliko Tarnovo.

The layout includes two floors with two rooms each, a kitchen, corridor and entrance hall, as well as a basement with an area of 35 sq m. The total floor area is 145 sq m.

The house has an old wooden structure and needs renovation, which requires additional investment for refurbishment and modernisation.

The location is convenient with access via an asphalt road and proximity to urban infrastructure, making it suitable both for residential use and as a tourist facility.

The property is suitable for those seeking a reconstruction opportunity in a central urban environment with potential for various uses.

With 20% down over 20 years the monthly mortgage payment is about 333 €, against an expected local rent of 976 €. The rent covers the whole payment (293%).

Source: Market statistics for houses in Centyr