LAGERA TULIP in Sofia

Name: Sales in LAGERA TULIP started!
Start: 2021-02-19T09:32:29.197085+00:00
End: 2023-12-31T23:59:59+0000
Location: LAGERA TULIP

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Project info

Object ID: 11098

Finished at	February 2021
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	9
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Tsar Boris III Blvd - Krasno selo 11 min Bulgaria 13 min Konstantin Velichkov 17 min Medical University 20 min Vardar 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

90,000$

Net profit

7,229$

Payback period

9.5 years

Avg property value increase per year

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About the project

In the tranquility of the Lagera district, located in the southwestern part of the capital, there is a gated residential complex LAGERA TULIP 2. Embraced by the greenery and silence, "Lagera Tulip" 2 is spread over a total area of 7,721 sq.m. The composition of the residential complex is L-shaped and consists of five buildings with a favorable geographical location - southeast, southwest.

Within two stages of construction, 197 apartments will be built. Most of the rooms in the apartments will enjoy a wonderful location where they will not miss the sunlight.

"Camp Tulip" 2 has five entrances (block: A, B, C, D, E). Each building consists of ten above-ground floors and one underground. To provide maximum comfort to the occupants of the building, the complex has an underground parking lot located in the space between, under and around the tall buildings. An open parking lot is located in the northwestern part of the property. There are parking spaces for bicycles.

Lagera Tulip 2 residential complex is a green place in the dynamic urban environment. One of the engineering solutions, in order to protect nature, is to preserve the high vegetation in and around the plot. In this way, more green areas are formed.

Camp Tulip 2 has designed lawns, an outdoor children's playground and pedestrian alleys. The concept of the complex is in line with the needs of the modern family for more peace and quiet near active roads. The common areas are designed to meet the needs of young families with young children and disadvantaged people.