HOPE in Sofia

Name: Sales in HOPE started!
Start: 2021-03-04T11:30:51.148114+00:00
End: 2023-12-31T23:59:59+0000
Location: HOPE

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Project info

Object ID: 11365

Finished at	March 2021
Price, m²	From 1250$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.00 m²
Floors	6
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Nadezhda 1 min Khan Kubrat 8 min Beli Dunav 11 min Lomsko shose 19 min Princess Marie Louise 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

70,000$

Net profit

7,229$

Payback period

7.4 years

Avg property value increase per year

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About the project

The Nadezhda project is being built as a "residential building with underground garages" in the Nadezhda neighborhood and will soon start its construction. Thanks to its TOP location less than 100 meters from the entrance of the metro station "Nadezhda", the building is an appetizing bite for every buyer.

Although the neighborhood is old, it is extremely well arranged and urbanized. There are schools, kindergartens, supermarkets, banks and many others near Project Nadezhda. Less than 100 meters away is the entrance to the metro station "Nadezhda", from where one can safely move to any point of the capital, avoiding constant traffic jams. Given the well-developed infrastructure of the neighborhood, the place is ideal for both young families and families who have decided to change their home with a new one.

Developer

is a construction company that focuses on building modern, functional and high quality housing projects. The company started initially with …
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