CENTRAL APARTMENTS in Sofia

Name: Sales in CENTRAL APARTMENTS started!
Start: 2021-02-22T13:09:04.767330+00:00
End: 2023-12-31T23:59:59+0000
Location: CENTRAL APARTMENTS

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Project info

Object ID: 11133

Finished at	August 2021
Price, m²	From 1600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	7
Apartments	124
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Opalchenska 6 min Konstantin Velichkov 6 min Medical University 14 min Princess Marie Louise 17 min Serdika 19 min National Palace of Culture (NDK) 20 min Bulgaria 21 min Central Railway Station 21 min Lavov most 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

96,000$

Net profit

7,229$

Payback period

10.1 years

Avg property value increase per year

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About the project

Smart Consultants is realizing a new luxury residential building with retail space in the ideal center of Sofia. The location is specially chosen in the commercial and administrative heart of the capital, near the buildings of the Presidency, Council of Ministers, headquarters and representative offices of Bulgarian and foreign companies, shopping centers, subway stations and public transport. There are a park, schools, kindergartens, cinemas, restaurants.

The project is particularly demanding in terms of good distribution of living space, providing one-bedroom, two-bedroom and three-bedroom apartments, office space, parking spaces in the basement and ground floor of the building with a warm connection to the upper floors.

Modern high-quality materials and technologies are provided to achieve excellent heat and noise insulation, as well as luxurious execution of the common parts and facings of the facade, elevators, windows. Structured cabling is also installed, which provides communications, security and access control at the site.

Developer

We at SMART CONSULTANTS have over 12 years of experience in the real estate sector. We welcome any new challenge. Our mission is to offer a …
Details about SMART CONSULTANTS