Royal Park Residence Boyana

 
BULGARIA / SOFIA / BOYANA DIST.
Prices from 270 000
  • Location: Bulgaria, Region Sofia, Sofia, dist. Boyana, do "Proya" i "Fantastiko" MAP
  • Development: Residential
  • Unit types: Apartments (various types), 2-bedroom apartments, 3-bedroom apartments, Large apartments, Penthouses
  • Total number of units:49  
  • Units available for sale:5 PRICE LIST
  • Unit sizes: 176 sq.m FLOOR PLANS
  • Unit prices: 270 000 – 316 000 PRICE LIST
  • Prices per sq.m.: 1 534 €/sq.m
  • Development status: Under construction
  • Planned completion: June 2017
  • Ownership: Freehold 
  • Rental return (p.a.): 5-6% (estimated)
  • Capital appreciation (p.a.): 6-7% (estimated)
  • No commission

Complex/building features

  • Sizes of units 176 sq.m - 0 sq.m
  • Total unfolded area of the building/s 10000 sq.m
  • Total number of units 49
  • Type of construction High ceilings (over 2.85 m)

Distances

  • Airport 18 km to 
  • Distance to centre of the town/city 8 km
  • Food shop 1 km
  • Hospital 2 km
  • Bus stop 1 km
  • School 5 km

Rental income features

  • Rental demand in the area High,Long-term rental,Moderate,Short-term rental
  • Who will rent Expats,Local people,Young professionals
  • Unit finishing in order to rent Fully-furnished,Unfurnished
  • Ability to terminate rental agreement Easy
  • Rental management Local estate agency
  • Annual rental income 5-6% (estimated)

Exit strategy

  • Resale Possible after completion, Possible before completion
  • Easy exit High demand - very easy, Moderate
  • Resale management/consultant Local estate agent
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Finishing Excellent
  • Furnishing Unfurnished
  • Air-conditioning Air-conditioning system

Additional purchasing costs

  • Total additional costs 5%

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.

Capital appreciation (p.a.)

  • Expected price increase of the property* 6-7% (estimated)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

Ongoing costs and aftersale charges

  • Maintenance charge Obligatory,
  • Management fee and looking after property Not obligatory,
  • Keyholding Not obligatory,
  • Accountant Not obligatory,