RED VILLAGE in Sofia

Name: Sales in RED VILLAGE started!
Start: 2021-03-09T12:10:50.751520+00:00
End: 2023-12-31T23:59:59+0000
Location: RED VILLAGE

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Project info

Object ID: 11434

Finished at	March 2021
Price, m²	From 1300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.00 m²
Floors	8
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Tsar Boris III Blvd - Krasno selo 6 min Bulgaria 13 min Ovcha Kupel 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

72,800$

Net profit

7,229$

Payback period

7.7 years

Avg property value increase per year

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About the project

KRASNO SELOa Execution of the following construction and installation works:

- Execution of polished concrete with polypropylene microfiber;

- Execution of granite flooring and stone flooring;

- Laying thermal insulation;

- Applying silicone drawn plaster;

- Execution of gypsum plaster, gypsum plaster;

- Execution of painting works;

- Delivery and installation of natural gluing stone;

- Delivery and installation of windows;

- Execution of electrical installation;

- Implementation of HVAC and plumbing installations;

- Execution of roofing works;

- Implementation of vertical planning.

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