Boyana in Sofia

Name: Sales in Boyana started!
Start: 2021-03-10T12:27:42.203321+00:00
End: 2023-12-31T23:59:59+0000
Location: Boyana

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Property for sale in Boyana — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 11473

Finished at	January 2022
Price, m²	From 1350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	5
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
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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

87,750$

Net profit

7,813$

Payback period

8.7 years

Avg property value increase per year

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About the project

The winter of 2019 IZLAK company has launched a new project in one of the most prestigious southern districts of the capital - Boyana district. The building is located on Marinkovitsa Street, next to the Boyana Residence.

In the area there are mostly new, low-rise buildings with well-designed courtyards. This part of the neighborhood offers peace and quiet, as well as a wonderful view of Vitosha Mountain. At the same time, the proximity of the location to the main boulevard “Al. Pushkin ”and the quick access to Okolovrasten Pat Street provide the residents with good communication with various parts of the city, including the center.

The multi-family residential building consists of two entrances, which will be built in stages. The architecture of the building relies on straight shapes with classic and clean details on the facade with elements of stone and iron.

The project includes mainly two-bedroom and four-bedroom apartments with spacious rooms and well-thought-out layouts, which will bring maximum comfort and coziness to their future occupants.

Developer

IZLAK is a Bulgarian company specializing in the management of investments in construction and real estate. The company is focused on findin…
Details about IZLAK