SOLD OUT Super luxury residence near the South Park of Sofia

 
BULGARIA / SOFIA / J.GR. YUZHEN PARK DIST.
SOLD OUT
  • Location: Bulgaria, Region Sofia, Sofia, dist. j.gr. Yuzhen park MAP
  • Development: Residential
  • Unit types: Apartments (various types), 2-bedroom apartments, 3-bedroom apartments
  • Total number of units:
  • Units available for sale:3 (43%)
  • Unit sizes: 0 sq.m FLOOR PLANS
  • Development status: Preliminary sales
  • Planned start: November 2016
  • Expected completion: December 2018
  • Ownership: Freehold 
  • Rental return (p.a.): 5-6% (estimated)
  • Capital appreciation (p.a.): 6-7% (estimated)

Complex/building features

  • Total unfolded area of the building/s 2065 sq.m
  • Total area/size of the building/complex plot 800 sq.m
  • Total number of units 7
  • Type of construction Reinforced concrete structure / Brick-built

Distances

  • Airport 12.200 km to Sofia (SOF)
  • Distance to centre of the town/city 3.8 km

Rental income features

  • Rental demand in the area High,Long-term rental
  • Who will rent Expats,Local people,Tourists,Young professionals
  • Unit finishing in order to rent Unfurnished
  • 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
  • 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
  • Heating Central heating
  • Air-conditioning Inverter air-conditioner
  • Windows UPVC window frames
  • Views from units Hills views, Mountain views, Park views, Town views

Facilities in the complex/building

  • Communal Elevator, Park

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,