Residential building in CENTER in Sofia

Name: Sales in Residential building in CENTER started!
Start: 2021-03-09T11:56:56.015922+00:00
End: 2023-12-31T23:59:59+0000
Location: Residential building in CENTER

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Project info

Object ID: 11432

Finished at	March 2021
Price, m²	From 1300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	5
Apartments	20
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Lavov most 4 min Serdika 7 min Central Railway Station 10 min Sofia University St Kliment Ohridski 13 min Sveti Patriarh Evtimiy 14 min Orlov most 16 min National Palace of Culture (NDK) 17 min Vasil Levski Stadium 17 min Princess Marie Louise 19 min Opalchenska 19 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

71,500$

Net profit

7,229$

Payback period

7.5 years

Avg property value increase per year

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About the project

Residential building in the CENTER neighborhood will consist of an office, 2 penthouses, 15 apartments, 2 studios, located on 5 floors. For the maisonettes, a courtyard in the southeastern part of the property is planned. The building will also have an underground garage, a car lift and three separate single garages. A green roof is also provided.

The load-bearing structure of a residential building in the CENTER neighborhood is monolithic reinforced concrete, with a skeletal beamless scheme. The facades are solved in two types:

- Ventilated facade cladding with thermal insulation of stone wool and finishing coatings of ceramic, stone or composite aluminum cladding.

- Contact thermal facade with EPS / XPS thermal insulation system and coating of plaster layers and silicate facade plaster.

Developer

Main activity IMEA GROUP Ltd. operates in the field of research, design, complete construction and repair of buildings and real estate. Hi…
Details about IMEA GROUP