Attractive proposal in in architectural reserve

Yard of 570 sq.m with two old houses that need restoration set in the village of Dolen. The property is set in the center of the village in the area of municipality. The property is historic monument. One of the houses is with area of 60 sq.m and is burned. The other is with area of 150 sq.m. The advantage of this property is the area of the yard - unusulal for small rhodopean villages. In this villages the area of the yards is less than 200 sq.m. Over this land is possible to contruct three buildings which makes the property very attarctive for rural tourism. Can be developed a small holiday complex with a small resturant with a garden.

Advantages

• Excellent investment potential
• Variety of opportunities for developing tourism
• Authentic arhitecture

About the area

The village of Dolen lies close to the Bulgarian-Greek border, in the western part of the Rhodopi mountain. The village was declared a monument of culture and architecture in the 80es of the 20th c. together with the nearby villages of Leshten and Kovachevitsa. Even if the three villages feature the same architectural style and form a single architectural ensemble, Dolen is still relatively unknown to tourists and hence less commercialised. Here, one can enjoy true timelessness and serenity, which is already hard to encounter in Kovachevitsa or Leshten.

The lower popularity of Dolen does not mean that the village is less beautiful or less suitable for rural tourism than the other two villages mentioned above. It just happened that entrepreneural businessmen first set their eyes on Kovachevitsa and Leshten and gradually developed them via heavy investment in acquiring old houses and upgrading them to offer good conditions to tourists. This has already started to happen in Dolen as well, but the process is (fortunately) still at its beginning.

Most of Dolen's houses are more than 150 years of age. The typical house of Dolen is of two or three floors with a spacious terrace (so-called "chardak"). The ground floor has been originally used for sheltering the household’s animal stock - at present, however, only a couple of houses still utilise it to this end. The chardak is pretty chilly in the winter but invaluable for an afternoon rest in the summer. One of the most typical features of the local house are the thin stone layers on the roof, used instead of standard tiles.

The attractive village is located :

•  8 km away in northwest of Satovcha 
•  24 km northeast of Gotse Delchev
•  One hour drive to the ski resort of Bansko 
•  Altitude 1020 m

The history of Dolen will obsess you with its still uncovered secrets. The emotion of Dolen is incredible. It is said that all wishes come true here.

In the village is prserved the church "St. Nicolay Mirlikiiski Wonder worker", which was built in year 1837. Old people from the village of Dolen claim that most of the houses in the village have secret tunnels, leading to the church.

Construction type: Brick

Agent's valuation of the offer Excellent!

Registering Property in Bulgaria

STANDARDIZED PROPERTY
Property value: USD 273,754
City: Sofia

Registration Requirements:

Procedure 1*.
The Estate is drafted by the respective Municipality

Time to complete: 14 days
Cost to complete: BGN 10
Comment:
The estate is drafted by the respective municipality.
The draft of the estate is a graphic sketch of the estate with its borders, square meters, number of the area, where the estate is situated. This draft is issued on the grounds of the Cadastre of the real estates.

Procedure 2*.
Obtain a tax valuation of the property

Time to complete: 14 days
Cost to complete: No cost
Comment:
The tax valuation of the property is issued by the respective tax authorities.
A tax valuation is mandatory for every property transfer

Procedure 3*.
Issuance of certificate of good standing for seller and buyer

Time to complete: 3-4 days
Cost to complete: BGN 5 each
Comment:
A certificate of good standing must be issued for seller and buyer.
Companies in Bulgaria are registered with the respective regional court depending on the address of the company. This certificate is issued by the registration court.
The certificate is needed to show that the company is registered and existing, and that the person who signs on behalf of the company is actually the authorized person to sign.

Procedure 4*.
Obtain a Non-Encumbrance certificate from the Real Estate Register

Time to complete: 5 days
Cost to complete: BGN 5.90
Comment:
 
Procedure 5*.
Obtain a certificate of paid taxes

Time to complete: 7 days
Cost to complete: No cost
Comment:
The certificate of paid taxes is obtained from the local tax department for both the buyer and the seller, according to art. 36 par.7 from Tax Procedure Code

Procedure 6*.
Obtain a Social Insurance Certificate

Time to complete: 7 days
Cost to complete: No cost
Comment:
A social insurance certificate is obtained from the local branch of the National social Insurance Institute for both the buyer and the seller

Procedure 7.
The notary executes the transfer deed

Time to complete: 1 day
Cost to complete: 2% of property price (state fee) + 0.1% of property price (Registration fee) + notary's fees according to the following scale and with a maximum of BGN 3,000: Value of Property Fees Up to 100 BGN 15 From BGN 100 to 1,000 BGN 15 + 1.5% of excess over BGN 100 From BGN 1,000 to 10,000 BGN 28.5 + 1% of excess over BGN 1,000 From BGN 10,000 to 50,000 BGN 118.5 + 0.5% of excess over BGN 10,000 From BGN 50,000 to 100,000 BGN 318.5 + 0.2% of excess over BGN 50,000 Above BGN 100,000 BGN 418 + 0.1% of excess over BGN 100,000
Comment:
The notary executes the transfer deed and collects the money for payment of the state fee (transfer tax) and the registration fee.
The State Fee amounts to 2% of the property price.
The registration fee amounts to 0.1% of the property price.
Usually the notary pays the state and registration fees. This is done for the clients' convenience. The parties can pay themselves the fees at the account of the tax authority where the estate is situated and bring the receipts to the notary.

Procedure 8.
Registration of the notarized deed at the Registry

Time to complete: 1-3 days
Cost to complete: Already paid in Procedure 4
Comment:
The notary will register the notarized deed at the registration office with the respective district court.
This can be done by the parties too, but it is most common that the notary will do it (and it is included in the above fees).
The notary will pay registration and state fees collected previously. Registration usually takes 1 day. However, it can take up to 3 days if there are too many deeds to be registered.

Procedure 9.
Parties receive a copy of the registered deed

Time to complete: 1 day
Cost to complete: No cost
Comment:
Parties will receive a copy of the registered deed the same or next day the deed has been registered by the notary

Note: Procedures sometimes take place simultaneously. Instances of this are marked with an asterisk (*).