PIRIN in Sofia

Name: PIRIN
Brand: POLARIS BUILDING
SKU: 12427
Availability: InStock

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Project info

Object ID: 12427

Finished at	September 2020
Price, m²	From 1300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	15
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near supermarket Nearby subway stations Tsar Boris III Blvd - Krasno selo 5 min Bulgaria 17 min Ovcha Kupel 20 min
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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

39,000$

Net profit

5,906$

Payback period

4.8 years

Avg property value increase per year

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About the project

Polaris Building A presents the PIRIN building, located at 32 Pirinski Prohod Street, with an area of 2272 sq.m. The building has 4 floors and a maisonette floor, has 15 apartments, 2 shops and 16 garages, is equipped with an elevator and heating is central heating. The location is extremely communicative, close to school, kindergarten, cooperative market and shopping centers and at the same time away from city noise. The building is designed in a modern design and comfort for its occupants.