Shokolad in Varna

Name: Sales in Shokolad started!
Start: 2021-02-23T06:44:56.008126+00:00
End: 2023-12-31T23:59:59+0000
Location: Shokolad

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Project info

Object ID: 11136

Finished at	March 2022
Price, m²	From 3200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 93.00 m²
Floors	4
Apartments	14
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

297,600$

Net profit

9,376$

Payback period

25.3 years

Avg property value increase per year

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About the project

We bring to your attention a versatile apartment in a residential new building, located in the "Vinitsa" quarter of the sea capital of Bulgaria - Varna.

Features of the location

The excellent location of this residential complex will allow residents of the complex to quickly get to various points of the city - an excellent transport interchange. Geographically, the residential area is located 2 km. from the resort of St. Constantine and Helena. Another popular resort is located nearby - Golden Sands.

Architecture and construction

During the construction of the house, modern, environmentally friendly materials and the latest European technologies are used that meet the requirements for the construction of residential premises.

The building has 14 apartments, located on 4 floors - basement and 3 more floors. The apartments are distinguished by carefully thought out layouts.

Developer

The firm "Izolatsii" EOOD was moved to the region for 2005. The firm is a member of Kamarata for construction and is entered in the Register…
Details about Изолации ЕООД