ATLAS in Sofia

Name: Sales in ATLAS started!
Start: 2021-02-23T06:52:29.083438+00:00
End: 2023-12-31T23:59:59+0000
Location: ATLAS

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Construction

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Property for sale in ATLAS — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 11137

Finished at	September 2022
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 61.00 m²
Floors	8
Apartments	30
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Druzhba 4 min Inter Expo Center - Tsarigradsko shose 5 min Mladost 3 14 min Iskarsko shose 16 min Aleksandar Malinov 20 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

91,500$

Net profit

7,813$

Payback period

9.1 years

Avg property value increase per year

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About the project

The ATLAS building in the Druzhba neighborhood is a detached residential building, which allows for optimal floor distribution and homes with favorable exposures to the south, east and west. The building offers a variety of one and two bedroom apartments with an area between 61 and 98 sq.m.

All homes are permanent, functional and without roof slopes. The apartments have at least an open-plan living area, a bedroom, a bathroom, a balcony and a storage room. The large windows let in a lot of light and add to the coziness.