PRESTIGE PARK RESIDENCE in Sofia

Name: PRESTIGE PARK RESIDENCE
Brand: PRESTIGE PARK RESIDENCE
SKU: 12440
Availability: InStock

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Project info

Object ID: 12440

Finished at	June 2021
Price, m²	From 1250$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	8
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	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

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

81,250$

Net profit

7,813$

Payback period

8.0 years

Avg property value increase per year

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About the project

PRESTIGE PARK RESIDENCE residential complex provides its residents with the ideal combination of easy access to busy Sofia and the tranquility and majesty of the mountain. The proximity to Vitosha Mountain provides coolness in summer, amazing, breathtaking views in winter, and clean, fresh air all year round. The rapid development of the area guarantees access to modern amenities, away from the noise of the capital. The presence of green areas, which are not planned to be built, provides peace and relaxation in the busy everyday life.