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SANARA RESIDENCE in Sofia

Name: 📣 300$ — discount certificate
Start: 2021-06-07T11:37:03.179998+00:00
End: 2023-12-31T23:59:59+0000
Location: SANARA RESIDENCE

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Project info

Object ID: 12491

Finished at	February 2022
Price, m²	From 1320$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground Near school Near supermarket Nearby subway stations Tsar Boris III Blvd - Krasno selo 12 min Ovcha Kupel 21 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

39,600$

Net profit

5,906$

Payback period

4.9 years

Avg property value increase per year

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About the project

Sanara Residence is the latest project of the Sanara Group. The project is the result of 17 years of experience in the design and implementation of housing for the Bulgarian and international real estate market, combining excellent location, modern vision and functional layouts.

"Sanara Residence" is located in one of the most promising and developing neighborhoods of Sofia - "Monastery Meadows - West". The building is located on Todor Kableshkov Blvd., just a few minutes from Bulgaria Blvd. The well-developed transport network around the building allows one to easily move to the city center, Vitosha Mountain and Business Park.

Within a radius of 400 meters around the Sanara Residence you can find:

- Kindergartens

- School

- Children's playgrounds

- Bulgaria Deluxe Mall

- Stores of the big food chains "Fantastico", "Billa", "Lidl", "CBA" and "345"

- Borovo Market

- Bus stop №204

- Tram stop №7

The constant growth of the city leads to the reduction of green spaces for its inhabitants. As a result, green spaces have become a limited asset in the urban environment. For this reason, we have focused on offering abundant vegetation around the Sanara Residence, through plant groups of ornamental trees and shrubs composed in a mixed landscape and geometric style, in order to create a closer to the natural environment. The tree and shrub species intended for planting are appropriately combined according to their individual color, volume and flowering time.

We have paid special attention to the design of homes, which will provide our customers with comfort, coziness and functionality. All apartments are equipped with panoramic windows from which one can enjoy Vitosha Mountain and the city.

The apartments consist of:

- Spacious living room with kitchenette with an average size of 27 sq.m.

- Bedrooms with an average size of 15 sq.m.

- Bathroom with toilet

- Storage unit

- Terrace

Since in modern life almost every household actively owns and uses a car, we have tried to provide our customers with convenient underground parking with spacious garages, parking lots and wide maneuverable streets with easy access via a double ramp. All garages are equipped with electrical outlets, which creates the opportunity for trouble-free charging of the electric car.