Apartment in Sofia

 
BULGARIA / SOFIA / MLADOST 3 DIST.
Prices from 97 000
  • Location: Bulgaria, Region Sofia, Sofia, dist. Mladost 3, do metrostantsiya "Malinov" MAP
  • Development: Residential
  • Unit types: Apartments (various types), Studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments
  • Total number of units:1150  
  • Units available for sale:95 PRICE LIST
  • Unit sizes: 40 sq.m 146 sq.m
  • Unit prices: 97 000 320 000 PRICE LIST
  • Prices per sq.m.: 2 425  2 192 €/sq.m
  • Development status: Under construction
  • Planned completion: June 2020
  • Ownership: Freehold 
  • Capital appreciation (p.a.): 9% ()
  • Total return (p.a.): 13% ()

Complex/building features

  • Sizes of units 40 sq.m - 146 sq.m
  • Total number of units 1150
  • Total floors 19
  • Type of construction Reinforced concrete structure / Brick-built

Distances

  • Airport 8 km to Sofia (SOF)
  • Distance to centre of the town/city 8 km
  • Food shop 200 m
  • Hospital 2 km
  • Bus stop 100 m
  • Metro station (Underground) 100 m
  • School 200 m
  • University 5 km

Rental income features

  • Rental demand in the area High
  • Who will rent Local people,Young professionals,Tourists,Expats
  • Unit finishing in order to rent Unfurnished
  • Ability to terminate rental agreement Easy

Exit strategy

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

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

Unit/apartment features

  • Finishing Bulgarian standard
  • Furnishing Unfurnished
  • Heating Central heating / Electric heating appliances (fan heater, radiators, etc.)
  • Windows UPVC window frames
  • Views from units Mountain views, Town views

Facilities in the complex/building

  • Communal Elevator, Garage, Garden, Reception desk, Boutique shops, Internet access
  • Recreational Children's playground, Indoor swimming pool, Fitness centre, Jacuzzi, Massage, Medical and spa centre, Steam room, Sauna
  • Commercial Cafe, Restaurant

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* 9% ()

*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.