CLASSIKO RESIDENCE II in Sofia

Name: Sales in CLASSIKO RESIDENCE II started!
Start: 2021-03-11T11:58:23.527563+00:00
End: 2023-12-31T23:59:59+0000
Location: CLASSIKO RESIDENCE II

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Construction

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Project info

Object ID: 11500

Finished at	September 2021
Price, m²	From 1200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 62.00 m²
Floors	8
Apartments	40
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Opalchenska 5 min Konstantin Velichkov 8 min Princess Marie Louise 14 min Medical University 16 min Serdika 18 min Central Railway Station 18 min Lavov most 19 min Khan Kubrat 20 min National Palace of Culture (NDK) 20 min
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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

74,400$

Net profit

7,813$

Payback period

7.4 years

Avg property value increase per year

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About the project

CONSTRUCTION

- Monolithic reinforced concrete structure.

- Exterior and interior walls - bricks - Wienerberger - Austria.

- Thermal insulation system - BAUMIT PRO 100 mm - Austria.

- Facade - polymer structural plaster BAUMIT - Austria, partial cladding of travertine and Vratsa limestone.

- Roof - bitumen tiles.

Developer

Linera Ltd. is a construction and investment company that operates in the field of modern architecture and construction. Our finished resid…
Details about LINERA