PARK HOUSE in Sofia

Name: PARK HOUSE
Brand: INTERTIME CONTINENTAL
SKU: 11460
Availability: InStock

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Project info

Object ID: 11460

Finished at	March 2021
Price, m²	From 1250$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	5
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Bulgaria 10 min Vitosha 18 min Medical University 19 min James Bourchier 20 min Tsar Boris III Blvd - Krasno selo 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

75,000$

Net profit

7,229$

Payback period

7.9 years

Avg property value increase per year

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About the project

PARK HOUSE - Residential building near SOUTH PARK, 5 Bademova gora Str. Shooting range. The new Park House residential building is located at 5 Bademova Gora Street. in Strelbishte district of Sofia in close proximity to South Park.