PARAMONT in Sofia

Name: Sales in PARAMONT started!
Start: 2021-03-01T08:45:44.137996+00:00
End: 2023-12-31T23:59:59+0000
Location: PARAMONT

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Construction

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Project info

Object ID: 11262

Finished at	March 2021
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 63.00 m²
Floors	8
Apartments	64
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

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

94,500$

Net profit

7,813$

Payback period

9.3 years

Avg property value increase per year

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About the project

PARAMONT building is a luxury residential building located in the prestigious neighborhood "Monastery Meadows-East". Just a few steps from Bulgaria Blvd. - a convenient road to the city center and to the Boyana neighborhood and Vitosha Nature Park.

We named our building Paramont because of its location at the foot of the mountain - on Vasil Stefanov Blvd., which takes advantage of all the advantages of the area, including unique views of the northern slope of Vitosha Mountain and the heart of the city. The beautiful facade provides a wonderful aesthetic that blends perfectly with the atmosphere of the area.

Developer

The investment company is handing over the Czech know-how in partnership with a Bulgarian company that manages its own real estate in the ca…
Details about DARAMIS