SLATINA in Sofia

Name: Sales in SLATINA started!
Start: 2021-03-10T12:22:20.695758+00:00
End: 2023-12-31T23:59:59+0000
Location: SLATINA

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Project info

Object ID: 11472

Finished at	August 2021
Price, m²	From 1250$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	7
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Musagenitsa 20 min G. M. Dimitrov 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

75,000$

Net profit

7,229$

Payback period

7.9 years

Avg property value increase per year

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About the project

The site is located on Vladovo Street - a quiet inner-neighborhood street, which is only meters from the busy Shipchenski Prohod Blvd. and Ivan Dimitrov - Kuklata Blvd. The neighborhood has a convenient infrastructure connecting the neighborhood with all parts of the city. The location of the buildings also offers an excellent perspective, given the launch of the project to expand the third metro line.

The architecture of the buildings relies on pure forms and aesthetics, as the main place in the project is occupied by the practicality and functional distribution of the dwellings. The two residential buildings will have 7 floors, which will house a total of 56 apartments, offering a wide variety of one and two bedroom apartments.

Developer

IZLAK is a Bulgarian company specializing in the management of investments in construction and real estate. The company is focused on findin…
Details about IZLAK