Renovation Project with Large Garden in Mihaltsi, Veliko Tarnovo
€35,000
Pavlikeni, Veliko Tarnovo, Bulgaria
3
bedrooms
2
bathrooms
House
property type
10 Aug 2026
listed
The Habio take
AI summaryThis charming three-bedroom house is set on a generous 1,890 sq. m. plot in the picturesque village of Mihaltsi, just five minutes from Pavlikeni. With two separate houses and excellent renovation potential, it's ideal for creating a family home or investing.
- countryside
- family
- investment
- renovation
- garden
Highlights
- Large plot of 1,890 sq. m.
- Two separate buildings for potential use
- Proximity to Pavlikeni and Veliko Tarnovo
- Ongoing renovation allows for personalisation
- Spacious garden for outdoor projects
Worth knowing
- The second building requires complete renovation or demolition
- Limited local amenities in the village
Good fit for: Ideal for buyers looking for a renovation project in a tranquil village setting.
Lifestyle scores
- Beach
- 0
- Walkable
- 40
- Remote work
- 50
- Family
- 55
- Retirement
- 70
- Airport access
- 25
- Investment
- 65
- Luxury
- 30
- Value
- 80
About this place
We are pleased to offer for sale a spacious property with excellent potential, located in the picturesque and well-developed village of Mihaltsi, just a 5-minute drive from the town of Pavlikeni and approximately 25 minutes from the historic city of Veliko Tarnovo. This property presents an outstanding opportunity for permanent living, a holiday home, or an investment project with great future potential.
The property is set on a flat and generous plot of 1,890 sq. m., featuring two separate two-story houses with a total living area of 121 sq. m., as well as a garage, a covered shelter, and an agricultural outbuilding. The spacious garden offers ample opportunities for landscaping, creating outdoor leisure areas, or establishing a vegetable or flower garden.
The main house benefits from a southern exposure and is currently undergoing renovation, with a substantial part already completed. The ground floor comprises an entrance hall, kitchen, living room, and a spacious room incorporating a toilet and shower. An external staircase leads to a terrace on the upper floor, which provides access to two bedrooms and a third room prepared for the installation of a bathroom.
Adjacent to the main house is a second, older two-story building requiring complete renovation or demolition. This building includes a spacious stone-built cellar, great for conversion into a traditional tavern or other unique living spaces. Mihaltsi offers a peaceful atmosphere and good infrastructure, making this property a great opportunity for those looking to invest or settle in the area.
What this place offers
- garage
- garden
- furnished
- septic tank
- mains water supply
- electricity
Buying property in Bulgaria
In Bulgaria, foreign buyers can purchase apartments and buildings with relative ease. Budget for taxes, fees, and legal costs on top of the property's price, potentially adding up to 8–9% overall.
Regional variations in costs can occur, especially with transfer tax rates affected by municipal decisions.
Recent changes in local real estate laws may introduce additional complexities.
Sources consulted (2026-07-27): - How to Buy Property in Bulgaria as a Foreigner (2026 Guide) | GREM: https://home.grem.capital/en/guides/how-to-buy-property-in-bulgaria-as-a-foreigner?utm_source=habio - Bulgaria: Real Estate Purchase, Procedures, Tips and Fees: https://lawfirm.bg/en/publications/bulgaria-real-estate-purchase?utm_source=habio - Buying Property in Bulgaria as a Foreigner 2026 | Complete: https://www.innovires.com/en/blog/buying-property-bulgaria-foreigner.html?utm_source=habio - Taxes and Fees in Case of Purchase and Sale Transactions | Buying and selling property: https://www.property-in-bulgaria.bg/en/Buying_and_selling_property/Taxes_and_Fees_in_Case_of_Purchase_and_Sale_Transactions?utm_source=habio - Property Taxes, Fees and Costs in Bulgaria (2026) – Investropa: https://investropa.com/blogs/news/bulgaria-property-taxes-fees?utm_source=habio
Always verify current legal requirements and procedures with a qualified local professional before proceeding.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference


