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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 summary

This 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
BG

Buying property in Bulgaria

Full guide →

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

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