PARADISE PLACE in Sofia

Name: Sales in PARADISE PLACE started!
Start: 2021-03-04T07:19:38.527502+00:00
End: 2023-12-31T23:59:59+0000
Location: PARADISE PLACE

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Project info

Object ID: 11349

Finished at	March 2022
Price, m²	From 1550$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	8
Apartments	251
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Vitosha 4 min James Bourchier 16 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

83,700$

Net profit

7,229$

Payback period

8.8 years

Avg property value increase per year

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About the project

Paradise Place

The modern image of a gated residential complex with amenities and environment of the highest class

The complex consists of 4 residential buildings, underground parking with garages and parking spaces, richly landscaped large park space with playground, places for recreation and recreation, spa with indoor swimming pool and gym, bistro and reception with concierge functions, which will make future owners get their full 5-star amenities, coziness and comfort of living.

Developer

Elit Stroitelna Kompaniya EOOD is a company covering the full range of services related to the design and construction of buildings, facilit…
Details about ELITE BUILD