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VITOSHA in Sofia

Name: Sales in VITOSHA started!
Start: 2021-03-09T08:56:07.134635+00:00
End: 2023-12-31T23:59:59+0000
Location: VITOSHA

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Project info

Object ID: 11417

Finished at	March 2021
Price, m²	From 1700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	4
Apartments	23
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Vitosha 16 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

68,000$

Net profit

5,883$

Payback period

8.4 years

Avg property value increase per year

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Promos and discounts for VITOSHA

About the project

ADVANTAGES

Neighborhood located at the foot of Vitosha Mountain, near Simeonovsko Shosse Blvd.

Imperishable classical architecture of the building.

Individual courtyards for the apartments located on the ground floor.

Functional distribution with favorable exposures.

The materials used in the construction, as well as the suppliers have proven their quality over time.

Good and balanced value for money.

Excellent location - the foot of Vitosha Mountain to the south, the Sofia Zoo, the Hunting Park and the Dianabad district.

DISTRIBUTIONS

Vitosha building consists of 4 above-ground floors, distributed as follows:

- the storage rooms are positioned in the basement, and the parking is solved with garages located in the building on the ground floor from the northeast part, as well as with outdoor parking spaces located in the northeast and northwest part of the yard;

- ground floor - there are 7 apartments with separate landscaped courtyards, which courtyards are located to the sunny southwest;

- second and third residential floor - one and two bedroom apartments with functional layout;

- fourth floor - again one and two bedroom apartments with spacious terraces offering beautiful views of Vitosha Mountain;

Developer

We are Idea Buildings We are a construction and investment company aimed at creating residential buildings of multi-family houses, which ar…
Details about IDEA BUILDINGS