LOTUS HOMES in Sofia

Name: Sales in LOTUS HOMES started!
Start: 2021-03-02T07:15:39.145214+00:00
End: 2023-12-31T23:59:59+0000
Location: LOTUS HOMES

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Project info

Object ID: 11283

Finished at	March 2021
Price, m²	From 1450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	4
Apartments	48
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Ovcha Kupel 19 min Tsar Boris III Blvd - Krasno selo 20 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

87,000$

Net profit

7,229$

Payback period

9.2 years

Avg property value increase per year

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About the project

"LOTUS HOMES" is the result of the desire of "DIMEL INVEST" Ltd. to design and build homes surrounded by harmony, light and beautiful surroundings. Located inside the Pavlovo-Buxton neighborhood, in a quiet but at the same time very communicative area, the LOTUS HOMES complex is a preferred place for a new home.

The complex consists of three multi-family residential buildings with underground and above-ground garages, 66 homes of various types and sizes, a children's playground in a park environment with alleys, offices, bicycle parking space, concierge room, technical rooms and more. The project is made by Architectural Studio Sketch and is designed to the highest standards and requirements of the investor.

Developer

DIMEL Ltd. is a construction company, founded in 1998, which has proven over the years with the high quality of its services. Her rich exper…
Details about DIMEL