Labyrinth in Varna

Name: Labyrinth
Brand: MAVELI
SKU: 11523
Availability: InStock

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Project info

Object ID: 11523

Finished at	March 2021
Price, m²	From 1450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	9
Apartments	235
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground 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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

79,750$

Net profit

7,229$

Payback period

8.4 years

Avg property value increase per year

Open ROI calculator

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About the project

Residential complex “Labyrinth” is the newest and biggest project of Hydrostroy company in the field of high-rise building. It’s a closed complex consisting of six nine-floors buildings lost in the greenery. It will have water area, a gorgeous park environment, recreation area, playground for kids and outdoor gym. The need of parking will be provided thought building of underground and surface parking – 235 apartments, 334 park lots. The building is located at 9 “Akad. Andrei Saharov” Str. in Varna. At the moment construction activities are taking place with full speed.