GREIS SIMEONOVO in Sofia

Name: Sales in GREIS SIMEONOVO started!
Start: 2021-02-23T12:53:57.170383+00:00
End: 2023-12-31T23:59:59+0000
Location: GREIS SIMEONOVO

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Project info

Object ID: 11162

Finished at	February 2021
Price, m²	From 1560$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.00 m²
Floors	4
Apartments	25
Condition	Black walls
Construction type	Monolyth
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

87,360$

Net profit

7,229$

Payback period

9.2 years

Avg property value increase per year

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About the project

flight Simeonovo is a boutique residential building at the foot of Vitosha. Located on 77th Street, in the Simeonovo neighborhood, created and designed to reveal the beauty and tranquility of nature, comfortably nestled over the lights of the big city.

The project, designed by the architectural studio Amphion, includes a place for recreation and games, a porter and controlled access to the building, an underground garage and above-ground parking spaces.

The large French windows will reveal the inspiring views of Sofia and the mountains. The location of the building is in a quiet and peaceful place and at the same time with a convenient location 400 meters from Simeonovsko Shosse Blvd., which connects it with the Ring Road and the central part of Sofia.