Luxury residential complex in Sofia's premium district of Boyana

 
BULGARIA / SOFIA / BOYANA DIST.
Prices from 167 247
  • Location: Bulgaria, Region Sofia, Sofia, dist. Boyana, Boyana Residence MAP
  • Development: Residential BROCHURE
  • Unit types: Apartments (various types), 2-bedroom apartments, 3-bedroom apartments, Large apartments, Two-level penthouses, Penthouses
  • Total number of units:40  
  • Units available for sale: 31 PRICE LIST
  • Unit sizes: 136.60 sq.m – 270.58 sq.m FLOOR PLANS
  • Unit prices: 167 247 – 331 190 PRICE LIST
  • Prices per sq.m.: 1 224 – 1 326 €/sq.m
  • Development status: Under construction
  • Planned completion: October 2017
  • Ownership: Freehold 
  • Rental return (p.a.): 5-6% (estimated)
  • Capital appreciation (p.a.): 7%
  • No commission

Complex/building features

  • Sizes of units 136.60 sq.m - 270.58 sq.m
  • Total unfolded area of the building/s 23204 sq.m
  • Total number of units 40
  • Type of construction Brick-built

Distances

  • Airport 9 km to 
  • Distance to centre of the town/city 5 km

Rental income features

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

Taxation

  • Capital gains tax/profit tax on resale 10%
  • Tax on rental income 10%
  • Inheritance tax 0%
  • Tax return management Accountant

Exit strategy

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

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

Unit/apartment features

  • Finishing Bulgarian standard
  • Furnishing Unfurnished
  • Internal walls Internal insulation
  • Heating Gas heating system

Facilities in the complex/building

  • Communal Elevator, Garage, Reception desk

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* 7%

*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.