STUDENT CITY 4 in Sofia

Name: STUDENT CITY 4
Brand: NEW BUILDING PROPERTY
SKU: 12317
Availability: InStock

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Project info

Object ID: 12317

Finished at	May 2021
Price, m²	From 1100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	4
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	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

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

33,000$

Net profit

5,906$

Payback period

4.1 years

Avg property value increase per year

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About the project

Closed residential complex with access control on four floors, consisting of three separate buildings with underground parking and aboveground parking spaces. City. Sofia, zh.k. Raspberry Valley, located next to the project "Student City 2".