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RESIDENCE DRAGALEVTSI in Sofia

Name: Sales in RESIDENCE DRAGALEVTSI started!
Start: 2021-02-22T09:13:14.120589+00:00
End: 2023-12-31T23:59:59+0000
Location: RESIDENCE DRAGALEVTSI

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Project info

Object ID: 11123

Finished at	February 2021
Price, m²	From 2000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	3
Apartments	53
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
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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

120,000$

Net profit

7,229$

Payback period

12.6 years

Avg property value increase per year

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About the project

MAIN CHARACTERISTICS OF THE PROJECT

- Closed type complex with an area of 3,850 m2.

- 24/7 security.

- Location, located at the foot of Vitosha Mountain, with a flow of fresh air.

- Surrounded by important and necessary places such as hypermarkets, sports and recreation areas, restaurants and health facilities.

- Easy access to all major routes and public transport with a planned metro station 500 meters away.

- Large landscaped area with children's playground and footpaths.

- Unobstructed view of the beautiful Vitosha Mountain, from any point of the complex.

- The project was developed by an international team of award-winning architects.

- 53 functionally designed studios and apartments with a variety of one bedroom, two bedrooms and three bedrooms with living rooms and balconies or terraces in each of them.

- All bedrooms are functionally designed to fit double "Queen or King sized" beds.

- Ground floors with private gardens, with direct views of - - Vitosha Mountain and access to landscaped areas.

- Variety of larger rooms with roof terraces.

- Double rooms with 2 bathrooms.

- All apartments have individual underground storage rooms. (Included in the price!)

- 75 parking spaces for 53 apartments. (65 indoor and 10 outdoor parking spaces)

- Free bicycle parking spaces.

- Net ceiling height 280 cm. in each apartment.

- The heating of the units will be done economically and conveniently with natural gas. The entire infrastructure will be completed.

- Air-conditioning infrastructure will be built, which will allow residents to place outdoor units in certain places without spoiling the facade and appearance of the buildings.

- Availability of finishing packages with finished interior.