LYULIN 10 in Sofia

Name: Sales in LYULIN 10 started!
Start: 2021-03-04T06:51:58.917624+00:00
End: 2023-12-31T23:59:59+0000
Location: LYULIN 10

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Construction

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Project info

Object ID: 11344

Finished at	March 2021
Price, m²	From 900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	8
Apartments	64
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Zapaden park 3 min Vardar 15 min Lyulin 17 min Slivnitsa 17 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

47,700$

Net profit

7,229$

Payback period

5.0 years

Avg property value increase per year

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About the project

Newly built residential building with underground and above-ground garages. The building is located in a nice part of Lyulin 10.

It is located 250 meters from the metro dance "West Park". It has excellent exposure and infrastructure. Nearby there are 4 kindergartens - DG 86, DG 200, DG 95 and DG 139, two schools - 37 SU and 40 SU, 12th government securities, supermarket chain, shopping center "Mega Mall". 101 school, 8th DCC, supermarket chain: BILLA, Kaufland, Fantastico, LIDL.

The building has 9 floors (ground floor, 7 floors and attic floor), including 42 apartments (29 apartments and 13 studios), underground, above ground garages and outdoor parking. The apartments have a functional layout and excellent living conditions.

There is a commercial building with shops and offices in the area.

The company specializes in housing construction. There are three residential buildings in Nadezhda district, located at 7 Sveti Kliment Street, 9 George Danton Street, 75 Ekzarh Stefan Street, 104 Bulgarska Morava Street and other areas of Sofia.