Expansive 8-Bedroom House with Renovation Potential in Balvan
€150,000
Veliko Tarnovo, Veliko Tarnovo, Bulgaria
8
bedrooms
1
bathroom
House
property type
4 weeks ago
listed
The Habio take
AI summaryThis unique property features two houses on an expansive 4,260 sq. m. estate in Balvan, just 17 km from historic Veliko Tarnovo. The modern two-storey house is ready for immediate occupancy, while the charming older house awaits renovation.
- countryside
- family
- investment
- renovation
- quiet
Highlights
- Two distinct houses with renovation potential
- Spacious 4,260 sq. m. estate
- Modern house ready for immediate occupancy
- Timeless charm in older house
- Panoramic terrace with serene views
- Well-equipped yard with fruit trees
Worth knowing
- Significant renovation needed for the second house
- Limited bathrooms for a larger family
Good fit for: Ideal for buyers seeking a renovation project in a tranquil countryside setting.
Lifestyle scores
- Beach
- 0
- Walkable
- 60
- Remote work
- 50
- Family
- 65
- Retirement
- 70
- Airport access
- 40
- Investment
- 70
- Luxury
- 50
- Value
- 75
About this place
Discover the charm of countryside living with this unique property in the picturesque village of Balvan, just 17 kilometers from the historic town of Veliko Tarnovo. This expansive estate spans 4,260 sq. m. and features two distinct houses, each offering its own character and potential.
The first house, built in 1990, is a modern, two-storey brick residence ready for immediate occupancy. Encompassing 100 sq. m. of living space, its thoughtfully designed layout includes an inviting entrance hall, a spacious open-plan kitchen and living room, a cozy bedroom, a closet, and a bathroom with a toilet on the first floor. Ascend the internal staircase to find a second toilet and three additional bedrooms, one of which boasts a panoramic terrace, perfect for savouring the serene views. This house is partially furnished, with terracotta flooring, latex-painted walls, and charming wooden doors and windows. Essential utilities such as electricity, water, and a septic tank are already connected.
The second house, built in 1940, exudes timeless charm and awaits a passionate renovator to bring it back to life. Offering 120 sq. m., it features six rooms on the main floor with wooden floors, doors, and plastered walls. Below, discover two basements and an additional stone-walled room, hinting at its solid stone foundations. While this building requires significant renovations, it holds immense potential to become a stunning home.
Both houses face south, ensuring abundant natural light throughout the day. The expansive yard is a true highlight, divided into three plots and surrounded by a mix of stone and wire fencing. It includes a large stone barn, a well, and various fruit trees, enhancing the rustic appeal of the property. Accessible year-round via an asphalt road, this estate combines rural tranquility with modern convenience. Balvan is ideally situated along the Sofia-Varna highway, nestled between Veliko Tarnovo and Sevlievo. The village offers essential amenities including shops, a town hall, a church, a kindergarten, and a bus stop. With local employment opportunities, such as a mill, and its close proximity to a major town, Balvan is an attractive location for both permanent residence and leisurely retreats.
What this place offers
- garden
- parking
- furnished
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


