FOHAR in Sofia

Name: Sales in FOHAR started!
Start: 2021-03-04T09:02:29.990258+00:00
End: 2023-12-31T23:59:59+0000
Location: FOHAR

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Property for sale in FOHAR — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 11363

Finished at	March 2021
Price, m²	From 1450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 68.00 m²
Floors	5
Apartments	152
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

98,600$

Net profit

7,813$

Payback period

9.8 years

Avg property value increase per year

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About the project

The Fohar residential complex is located in the city of Sofia, Boyana district, above the Boyana residence and in close proximity to Bulgaria Blvd. and the Ring Road (77 Kumata Street), providing direct access to the city.

The area is preferred because of the clean air and close proximity to Vitosha Nature Park, which guarantees peace and comfort in nature.

Developer

Europroperty is one of the largest real estate investment companies in Bulgaria. It is owned by entrepreneurs Hristo Chepishev and Mukesh Va…
Details about Europroperty