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KOSTUR 16 in Sofia

Name: Sales in KOSTUR 16 started!
Start: 2021-03-09T09:10:11.202378+00:00
End: 2023-12-31T23:59:59+0000
Location: KOSTUR 16

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Project info

Object ID: 11419

Finished at	March 2021
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	9
Apartments	90
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Ovcha Kupel 11 min Moesia - NBU 18 min Tsar Boris III Blvd - Krasno selo 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

79,500$

Net profit

7,229$

Payback period

8.4 years

Avg property value increase per year

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About the project

KOSTUR building

Our aim was to achieve a building with clean and classical architecture that would remain timeless and at the same time carry the spirit of the city and the dynamics of our lives today. The building is designed with our clients in mind and in accordance with the latest trends in the real estate market. The apartments have spacious bedrooms of about 18.00 m2, with two bathrooms for two-bedroom apartments and a storage room for one-bedroom. The building is located on a beautiful plot with favorable exposure, which implies good exposure to all sites, as well as a large landscaped yard for future occupants of the building.

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