STARLIGHT LAGERA in Sofia

Name: Sales in STARLIGHT LAGERA started!
Start: 2021-03-12T12:14:34.067223+00:00
End: 2023-12-31T23:59:59+0000
Location: STARLIGHT LAGERA

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Project info

Object ID: 11535

Finished at	March 2021
Price, m²	From 1300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	7
Apartments	162
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Pool Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Tsar Boris III Blvd - Krasno selo 5 min Bulgaria 17 min Ovcha Kupel 17 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

71,500$

Net profit

7,229$

Payback period

7.5 years

Avg property value increase per year

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About the project

Starlight Complex is located in one of the most prestigious areas of Sofia - Krasno Selo - Lagera. Near the complex is the Hippodrome Park, Krasno Selo Ritual Hall, two schools, kindergartens, a hypermarket.

The STARLIGHT CAMP complex can be reached by car as well as by several lines of public transport, metro and minibuses. Starlight is 7 minutes from the stop of the future metro station "Boris III". The center of the capital can be reached in 10 minutes.

Starlight Complex is located in a separate property with an area of 7040 sq.m. Contains - apartments - 142 pcs., Studios - 5 pcs., Studios - 7 pcs. The total number of parking spaces in the underground garage in the property is 161. In the southeastern part of the property is a swimming pool for adults and children.

Two buildings are planned for construction: one is T-shaped, located in the northwestern part of the property and contains entrances "A" and "B", and the other is located centrally in the property and contains entrances "B" and "D". On the northeastern border of the property is a one-storey building with seven studios.

Developer

The main activity of Mercury-99 Ltd. includes a wide range of activities in the field of construction and sale of real estate. Our rich prof…
Details about Меркурий 99