ul. Kraishte in Sofia

Name: Sales in ul. Kraishte started!
Start: 2021-02-25T07:38:40.658380+00:00
End: 2023-12-31T23:59:59+0000
Location: ul. Kraishte

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Project info

Object ID: 11199

Finished at	February 2021
Price, m²	From 1600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 70.00 m²
Floors	8
Apartments	17
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Bulgaria 5 min Medical University 11 min James Bourchier 16 min European Union 17 min National Palace of Culture (NDK) 18 min Vitosha 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

112,000$

Net profit

7,813$

Payback period

11.1 years

Avg property value increase per year

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About the project

BUILD SYSTEMS SOFIA has launched another investment project in the most prestigious district of Sofia - Ivan Vazov. The future residential building on Kraishte Street is again the result of a successful and long-term partnership with the architectural office AEDES STUDIO.

A residential building on Kraishte Street is located in close proximity to the South Park between Vitosha Blvd. and Rakovski Stadium. Located in a square with concluded construction, on the corner of Kraishte Street and Mihail Bobotinov Street.

The place is characterized by the tranquility of the best residential neighborhood in the capital, direct access to South Park, proximity to the central part of the capital, easy access to market, medical services, shops, schools, playgrounds, gardens, sports areas and the proximity of Rakovski Stadium, as well as a variety of transport.

This part of Sofia is characterized by a mixture of traditional urban development along the street, outlining its silhouette, and the free complex construction with a large space between the buildings. The large regular orthogonal volumes of the blocks are retracted inside the neighborhood carriages, thus shifting the focus of the space from the street to itself. The primary street network around them is reserved mainly for cars, and pedestrians use mainly the secondary labyrinthine system of alleys and dead ends in the inter-building spaces. A hybridity of the environment is obtained, in which the two types of construction function in harmony.

Developer

Build Systems Bulgaria is a construction and investment company established in a competitive market. The company has financial stability, a …
Details about BUILD SYSTEMS