BLACK TOP in Sofia

Name: Sales in BLACK TOP started!
Start: 2021-03-09T09:21:27.633283+00:00
End: 2023-12-31T23:59:59+0000
Location: BLACK TOP

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Project info

Object ID: 11422

Finished at	March 2021
Price, m²	From 1350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 63.00 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 Vitosha 13 min
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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

85,050$

Net profit

7,813$

Payback period

8.4 years

Avg property value increase per year

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About the project

The building is located on one of the central boulevards in Sofia, 172 Cherni Vrah Blvd. The location is characterized by excellent communication, both fast connection to the city center and easy access to the outskirts of Sofia via the ring road. The presence of a metro station nearby is a prerequisite for quick access to all parts of the city.

The building has an administrative address at 172 Cherni Vrah Blvd. Within walking distance of Paradise mall, ring road and Vitosha metro station.

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