MARVELL HOUSE in Sofia

Name: Sales in MARVELL HOUSE started!
Start: 2021-02-26T10:59:06.691164+00:00
End: 2023-12-31T23:59:59+0000
Location: MARVELL HOUSE

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Project info

Object ID: 11236

Finished at	February 2021
Price, m²	From 1350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	9
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Medical University 9 min Bulgaria 9 min European Union 12 min James Bourchier 13 min National Palace of Culture (NDK) 14 min Vitosha 19 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

81,000$

Net profit

7,229$

Payback period

8.5 years

Avg property value increase per year

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About the project

The beauty and noble behavior of the crane have long made it a revered symbol in many different cultures.

One of the most famous legends tells how the cranes along the Nile River were guarded at night by uninvited guests. While the whole flock is asleep, one of them is always on duty, holding a stone in his folded leg. If he falls asleep, the stone falls and the bird wakes up.

It is this legend that is the reason why a huge number of aristocratic European families have a crane holding a stone in their coats of arms. In heraldry it is a symbol of devotion, care, protection of the common home and loved ones.

Inspired by this majestic bird, we created Marvell House - a place that creates a sense of security, tranquility and comfort. A place where everyone feels like part of a cohesive community, professing common values and common goals.