B73 in Sofia

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Project info

Object ID: 11176

Finished at	February 2021
Price, m²	From 1300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 257.00 m²
Floors	6
Apartments	12
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations James Bourchier 3 min European Union 9 min Vitosha 12 min National Palace of Culture (NDK) 17 min Medical University 18 min Bulgaria 19 min Sveti Patriarh Evtimiy 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

334,100$

Net profit

9,376$

Payback period

28.4 years

Avg property value increase per year

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About the project

Luxury residential building B73 is situated in one of the most attractive places in Sofia, №73 James Boucher Blvd., whence its name - B73. In the immediate vicinity is the Marinela Hotel (former Kempinski Hotel). The balance between central location and the presence of green areas has been found. South Park and Borisova Gradina Park are equally close. There are many restaurants, cafes, shops and supermarkets on James Boucher Boulevard. Building B73 is easily and quickly reached from anywhere in Sofia. James Boucher Tube Station is 250 meters away.

Our desire was to design an innovative, memorable building in which design and function work in sync. There is no compromise in the quality of the materials and technologies used. The B73 comes close to a car in terms of design and execution precision.

The building is precisely designed by one of the most renowned companies in the sector - Architectural Studio "STARH" and leading architect Svetoslav Stanislavov.

The property in which the building is situated is a corner with a northwest face to the street and southeast - to the courtyard. In vertical terms, the building is designed with one underground floor and six above-ground floors, the first and last with double heights. All other floors are higher than the norm - 340 cm structurally. The underground floor is provided for a garage and is served by a high-speed car lift. The ground floor is designated for retail space on two levels. On each of the following floors there is only one apartment. The distribution provides a spacious entrance hall, which flows into a living room with a size of 70 m2 and exposure in three geographical directions. There are three more bedrooms with closets and bathrooms, as well as a utility room. Optimal spaces and light flux are leading in housing planning. Only five apartments have been designed in the building, four of which with an area of 257 m2 and one with an area of 383 m2. The large apartment is provided on the top floor, and its living room is on two levels with a total height of 600 cm and a total of five bedrooms.

Developer

It all started more than 29 years ago because we believed that the best way to predict the future was to participate in building it with har…
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