EAST HILLSIDE LOZEN in Sofia

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Start: 2021-05-21T08:29:47.404638+00:00
End: 2023-12-31T23:59:59+0000
Location: EAST HILLSIDE LOZEN

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Project info

Object ID: 12272

Finished at	August 2020
Price, m²	From 1200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	2
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

36,000$

Net profit

5,906$

Payback period

4.4 years

Avg property value increase per year

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About the project

EAST HILLSIDE LOZEN is an impressive residential complex located at the foot of the eastern slopes of the northern part of the Lozen Mountain. In close proximity to it is the monastery "St. Dimitar ”and the village of Lozen. The complex is located in a very communicative place and is located about 15 minutes drive from Sofia.

The residential complex will be built in two stages. The first stage includes one two-family and nine single-family houses. The buildings are row and are combined in groups of three and four houses. A spacious south yard is provided for each apartment. All houses are arranged on three floors.

FEATURES

The residential complex is a gated community and offers 24-hour security with video surveillance, automated irrigation system, professional management and maintenance of common areas.

Developer

MIRAT GROUP Ltd. was established in early 1997. The company is registered in Bulgaria, Sofia, as a sole proprietorship. The company began to…
Details about MIRAT GROUP