Residential building and medical center with a view on Vitosha Mountain!

The region is with excellent infrastructure and good access to the downtown. The quarter borders with Slavia quarter on the east and Slavia sport complex, with Obikolna street on the north and Gorna Banya on the west. Ovcha Kupel Quarter is a quiet quarter with a lot of greenery and beautiful panoramic view of Vitosha Mountain. In the old part of Ovcha Kupel there are predominantly detached family houses and Ovcha Kupel 1 and Ovcha Kupel 2 are comparatively new complexes. From some yars the free plots are being built with new brick constructions. Currently the the new construction is very developed. In the old part of Ovcha Kupel Quarter is situated the Zapad(West) Bus Station, from which the buses for the Vitosha Mountain and many destinations in the southwestern part of Bulgaria depart. In the Ovcha Kupel Quarter are also The St. Boris Church, New Bulgarian University, big shopping centres and other amenities.

Project

We offer for sale six storey building and Medical center. The development comprises 21 apartments, 5 shops, 22 cellars. There is underground parking lot with 16 parking spaces.

Excellently finished common parts.

• Staircase - granite tiles;
• Latex painted walls;
• Hydraulic elevator

Construction

• Monolithic reinforced construction;
• Walls of red bricks;
• Inner walls of 12 cm;
• Thermo and hydro insulation;

• Facade - mineral plaster

Apartments

• Armoured entrance door;
• Wooden interior doors;
• Cemented floors;
• Plastered walls and ceilings;
• German PVC joinery

All properties are for sale with no commission from the buyer!

The agency charges EUR 400 for attendance at the transaction /VAT not included/

Payment plan

• 50% upon preliminary contract;
• 30% upon rough works;
• 10% upon Act 15 /completed installations/;

• 10% upon Act 16 /permission for use/

Accents

• First class buidling;
• Tranquil area;
• Functional apartments;
• View on Vitosha Mountain

Intermediation in a real estate property purchase deal

Why you trust us...

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.

Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.

On arrival you will be greeted by a friendly and highly trained representative.

Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

Mortgage Loan possibilities...

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your income originates from another country. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer consulting services to our foreign clients and this service is free.

Here are the main characteristics of a standard mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Band and First Investment Bank.

UBB - United Bulgarian Bank

The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The prepayment fee is 5%.

First Investment bank

Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate.

There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate. The application fee is Eur 50 and the management fee is 2%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.

The term for approving the application is usually up to 2 days.

Finishing and furnishing...

For owners of properties in Bulgaria, interested in renting their premises or for those who want to feel their property like a real home we can take up organization and control or full completion of construction or repair works. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. If you prefer our partners can help you design an ideal interior to suit your taste and style, and completely furnish the property  so that  everything is ready for you.