SOLD OUT 6-storey residential building in Ovcha Kupel quarter

 
BULGARIA / SOFIA / OVCHA KUPEL DIST.
SOLD OUT
  • Location: Bulgaria, Region Sofia, Sofia, dist. Ovcha Kupel, Park Slavia MAP
  • Development: Residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments
  • Total number of units:9  
  • Units available for sale: 0 (0%) PRICE LIST
  • Unit sizes: 104.44 sq.m
  • Development status: Under construction
  • Planned completion: January 2018
  • Ownership: Freehold 
  • Capital appreciation (p.a.): 5% (estimated)
  • Total return (p.a.): 10% (estimated)

Complex/building features

  • Sizes of units 104.44 sq.m - 104.44 sq.m
  • Total unfolded area of the building/s 3711 sq.m
  • Total number of units 9
  • Total floors 6
  • Type of construction Brick-built

Distances

  • Airport 18 km to Sofia (SOF)
  • Distance to centre of the town/city 7 km
  • Hospital 150 m
  • School 250 m
  • University 1 km

Rental income features

  • Rental demand in the area Long-term rental
  • Who will rent Local people,Students
  • Unit finishing in order to rent Unfurnished
  • Ability to terminate rental agreement Easy

Exit strategy

  • Resale Possible after completion
  • Easy exit Moderate
  • Resale management/consultant 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
  • Heating Gas heating system
  • Windows UPVC window frames

Facilities in the complex/building

  • Communal Garage, Garden, Outdoor parking lot

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* 5% (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.