DINAMIKA in Sofia

Name: DINAMIKA
Brand: KOREKT 63
SKU: 11490
Availability: InStock

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Project info

Object ID: 11490

Finished at	March 2021
Price, m²	From 1150$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.00 m²
Floors	7
Apartments	46
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Konstantin Velichkov 5 min Opalchenska 14 min Vardar 16 min Medical University 17 min Bulgaria 18 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

64,400$

Net profit

7,229$

Payback period

6.8 years

Avg property value increase per year

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About the project

DYNAMICS building is a residential building located at 185-191 Zaichar Street, Zones B-19, Vazrazhdane district. The area is among the most vibrant and attractive areas in Sofia and provides many amenities to residents, as well as excellent infrastructure. Nearby are kindergartens, schools, universities, medical facilities, supermarkets, shopping malls, as well as several bus stops and a metro station. In the DYNAMICS building on Zaichar Street there are 1 underground and 7 above-ground floors, containing 46 apartments, which are distributed in two entrances, each of which has its own staircase and elevator, serving each level of the building. Garages are located on the ground floor. The residential properties are distributed between the first to the seventh terraced floor. Parking for residents is provided on the above ground and underground level. Access to the underground level is provided by a closed car ramp with a slope of 15%. The apartments in the building are one-bedroom, two-bedroom and one-bedroom, and the exposure of all is east, west, east-west, east-south. Heating and cooling of homes is done with electricity.