NORTH PARK RESIDENCE in Sofia

Name: NORTH PARK RESIDENCE
Brand: GLOBAL CAPITAL
SKU: 11386
Availability: InStock

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Project info

Object ID: 11386

Finished at	March 2021
Price, m²	From 1200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	8
Apartments	108
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Khan Kubrat 10 min Nadezhda 12 min Princess Marie Louise 17 min Beli Dunav 21 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

62,400$

Net profit

7,229$

Payback period

6.6 years

Avg property value increase per year

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About the project

North Park Residence is a residential building consisting of two entrances, a yard with parking spaces and two underground floors with garages and parking spaces. It is located on Republika Street, in the Lev Tolstoy district, in close proximity to Nadezhda 2 and Svoboda. The neighborhood is characterized by large and undeveloped inter-block spaces, many green areas and playgrounds. The good location offers its residents all the amenities they would need, schools, kindergartens, public transport and supermarkets. North Park Residence rises near one of the main boulevards in Sofia, Rozhen Blvd., within walking distance is Lomsko Shosse Blvd. and Khan Kubrat Metro Station, there is also easy and quick access to the north. speed tangent / ring road /. Within walking distance is one of the largest and most renovated parks in the capital "North Park". The building also borders many green and children's playgrounds.

Developer

Global Capital Trading Ltd. is part of a holding structure specializing in the implementation and management of investment projects. The com…
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