ZLATEN VEK in Sofia

Name: Sales in ZLATEN VEK started!
Start: 2021-02-22T12:15:35.907205+00:00
End: 2023-12-31T23:59:59+0000
Location: ZLATEN VEK

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Project info

Object ID: 11131

Finished at	August 2022
Price, m²	From 2200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	34
Apartments	150
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations James Bourchier 3 min European Union 10 min Vitosha 10 min National Palace of Culture (NDK) 19 min Medical University 19 min Bulgaria 20 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

132,000$

Net profit

7,229$

Payback period

13.9 years

Avg property value increase per year

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About the project

The GOLDEN AGE building grows in three stylized wheat classes, rising from arches thirty meters high. Wheat is a symbol of life itself, of growth and prosperity, which you can expect only if you have invested diligence and perseverance in your work. In Christianity, wheat also symbolizes faith: the seed of God's word germinates in the souls of the worthy, becomes a class, and bears fruit. Let us not forget that the Golden Age of Simeon the Great is associated with the spiritual upsurge of our people after the baptism of his father Boris. The three classes also carry the idea of the Holy Trinity, as well as of Faith, Hope and Love - the daughters of Sofia. Observers may see in the three arches a proto-Bulgarian symbol - Y, the sign of Khan Kubrat.

BLOOM OF BULGARIAN ARCHITECTURE, CULTURE AND LITERACY

The name of the GOLDEN CENTURY building is inspired by the desire to achieve the flourishing of Bulgarian architecture, culture and writing. As it was in the time of that worthy student of the Magnaur school - Tsar Simeon the Great. It becomes a bridge between the ages and a message to all those who are ready to create the new reality, a call for decisive optimism.

Since its inception, ARTEX has been committed to socially responsible architecture, which respects the environment and at the same time stands out as an incentive for positive change in it. The implementations of the projects (including improvement of the infrastructure, improvement and maintenance of the green areas, special lighting and many others) set an infectious example and raise the expectations for beauty, comfort of living and harmony in the urban environment.

Sofia needs buildings with character, temperament and a unique face. It is time to translate the word "skyline" (the silhouette of the city against the sky) into the language of Sofia architecture. The wide city center is not a historical reserve with ancient aesthetic principles. Such statics would kill the energy of the city. In Sofia there is a field for visionary architects, who with their projects infuse new life into its architectural appearance. They bring dynamism, rhythm, innovation to it. "GOLDEN AGE" comes with such determination.

Developer

Arteks Engineering is entirely Bulgarian architecture and construction family company created by architects Vessela and Plamen Miryanovi wit…
Details about ARTEKS