Residential building on Tsar Simeon Str.

BULGARIA / REGION SOFIA / TOWN SOFIA / DISTRICT CENTER / "ST. NIKOLAY SOFIYSKI" CHURCH / STR. TSAR SIMEON   On the map
Prices   Price list
112 440
1 200 €/sq.m
Type:
Apartments (various types), 2-bedroom apartments, Garages

Unit sizes:
93.70 sq.m 93.70 sq.m

Number of floors:
6

Bedrooms:
2

Bathrooms:
1

Property units in the building / development:
42

Sold:
24

Reserved:
0

Available:
18

Total size of the buildngs/complex
2955 sq.m

Reference number:
Sfb 49826
Info pack

Condition
excellent

Heating
Air-conditioners

Furnishing
Unfurnished

Type of construction
Brick-built / Reinforced concrete structure

Distance
4km 15km 500 m

Distance from the property to major attractions
  • Town center: 4km
  • Airport Sofia (SOF): 15km
  • Grocery shop: 300 m
  • Stop of the public transport: 400 m
  • Railway station: 3km
Views from the property
  • Mountain views
  • Town views
Construction
  • Brick-built
  • Reinforced concrete structure
Heating
  • Air-conditioners

EXCLUSIVE RIGHTS, NO COMMISSION FROM THE BUYER!

Designed on 6 floors, the building offers 22 apartments with a choice of two and three bedroom units and penthouses with view towards Vitosha Mountain. The building will be serviced by a luxury elevator and will be equipped with video surveillance where the owners will have direct access to the cameras in the building. Each apartment comes with an underground parking space, which is paid in addition.

The building will have a restaurant and 3 stores on the ground floor.

This building will come with an interesting and memorable vision in Gothic style, which will offer great atmosphere and will bring different element in the urban environment.

The building is located in the central region of Sofia on "Tsar Simeon" Str. next to the garden in front of "St. Nikolay Sofia" Church. Next door is the medical center - DKC 11, as well as many medical and dental offices, a community center, 134 School "Dimcho Debelyanov", kindergarten and numerous shops, as well as all amenities needed. In the area are to be found a supermarket, gas station, fast food shop, etc. In the region is to be found one of the largest and most popular vegetable and fruits markets in Sofia - Dimitar Petkov market. Some 10 minutes walk away is the Mall of Sofia.

The location is very convenient, while being peaceful with no public transport lines in immediate vicinity. At the same time metro station "Opalchenska" is within walking distance away, which allows access to all lines of the public transport through "Opalchenska" Str., "Pirotska" Str. and "Slivnitsa" Blvd.

The building is designed by the architect Yuri Nikolov, who has already worked on another successfully completed residential project in the same area by the same investor. The architectural vision is extravagant, featuring Gothic elements and the building materials to be used shall be of high quality.

The area around the building is currently undergoing a complete renovation. It comes with new asphalt coverage and new sidewalks. The area has great potential and it will undergo a complete transformation and modernization while preserving the small shops and services available that are useful for the residents. The place is suitable for permanent living and for investment aiming rental.

Why buy an apartment in this building?
Central location near metro station
Quiet street with a lot of greenery
Well-developed area with many amenities
Quick and easy access to all areas of Sofia
Interesting architectural design and functional interior layout of the apartments
High-grade building materials
Investor with an excellent reputation and completed projects


Location

This is the approximate location of the property. Please get in contact with us to learn its exact location.

Price list

Price list of the available apartments
(Table)

Price list

Management and maintenance

The owners will have to cover the additional monthly costs for the maintenance of the entrance. These maintenance costs will be determined at a meeting of the apartment owners.

Furniture

All apartments are offered for sale unfurnished.
We can recommend furniture companies that offer quality furnishing at competitive prices, depending on your taste and budget.

They will be able to make an individual home furnishing project that includes everything you need for either permanent living in the property, or for renting.

The basic furniture options are made of chipboard. This type of furniture has an optimized low price achieved through a more simple design of the furniture and with no added extras and accessories, yet without compromising with the quality of the materials used.

If you would like furniture of higher quality, our partners will be able to provide such options.
Please contact the responsible agent for this listing to get more information about the property, as well as the available furnishing options.

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Technical features

The quality performance of the building is guaranteed by the investor who has extensive experience in the construction and a number of successful projects.

This building will come with an interesting and memorable vision in Gothic style, which will offer great atmosphere and will bring different element in the urban environment.
The architectural vision is designed in Gothic style, the facade will look like stained glass
The facade will be done with white limestone, and the windows will be edged with black granite that will be shaped like a bass relief
The window joinery will be PVC with five chambers and glazing with colored hue from the outside with different color in the "Harlequin" style
The apartments will be offered plastered, with entrance and interior doors
The heating will be done on electricity. There is space for the air-conditioners on the terraces
Common areas will come with quality flooring - black granite on the ground floor and the stone paneling on the entrance walls. The staircase at the entrance will be plastered, the railings will come of wrought iron with lighting by sconces.
Insulation on the walls - EPS 5 cm
Roofs - sharp, with insulation /heat and waterproofing/ package and tin tiles, colored with PVC coating.

Architecture

The architectural vision is designed in Gothic style, the facade will look like stained glass. The facade will be done with white limestone, and the windows will be edged with black granite that will be shaped like a bass relief. The glazing will be PVC with five chambers and glazing with colored hue from the outside with different color in the "Harlequin" style.

Designed on 6 floors, the building offers 22 apartments with a choice of two and three bedroom units and penthouses with view towards Vitosha Mountain. The building will be serviced by a luxury elevator.

The building is designed by the architect Yuri Nikolov, who has already worked on another successfully completed residential project in the same area by the same investor. The architectural vision is extravagant, featuring Gothic elements and the building materials to be used shall be of high quality.

District

The building is located in the central region of Sofia on "Tsar Simeon" Str. next to the garden in front of "St. Nikolay Sofia" Church. Next door is the medical center - DKC 11, as well as many medical and dental offices, a community center, 134 School "Dimcho Debelyanov", kindergarten and numerous shops, as well as all amenities needed. In the area are to be found a supermarket, gas station, fast food shop, etc. In the region is to be found one of the largest and most popular vegetable and fruits markets in Sofia - Dimitar Petkov market. Some 10 minutes walk away is the Mall of Sofia.

The location is very convenient, while being peaceful with no public transport lines in immediate vicinity. At the same time metro station "Opalchenska" is within walking distance away, which allows access to all lines of the public transport through "Opalchenska" Str., "Pirotska" Str. and "Slivnitsa" Blvd.

The area around the building is currently undergoing a complete renovation. It comes with new asphalt coverage and new sidewalks. The area has great potential and it will undergo a complete transformation and modernization while preserving the small shops and services available that are useful for the residents. The place is suitable for permanent living and for investment aiming rental.

Rental income

Here are exemplary calculations about the income that 1-bedroom property in the complex has the potential to generate:

Initial Investment:
Purchase Price (average value for the complex): 60,000
Notary fees and stamp duty: 2,000
Finishing works: 7,000
Total Price: 69,000

Rental income and return on investment:
Potential Rental Income (Monthly): 250
Potential Rental Income (Annual): 3,000
Expected return (Annual): 4,4%

Here are exemplary calculations about the income that 2-bedroom property in the complex has the potential to generate:

Initial Investment:
Purchase Price (average value for the complex): 90,000
Notary fees and stamp duty: 2,900
Finishing works: 12 000
Total Price: 104,900

Rental income and return on investment:
Potential Rental Income (Monthly): 360
Potential Rental Income (Annual): 4,320
Expected return (Annual): 4,1%

The calculations are indicative and have been prepared using market data as of 06/2016.

In these calculations the following costs and potential price changes have not been included:
Property Tax;
Rental Income Tax and Other Costs for the Owner;
Potential Capital Gain;
Future Increase of Rental Price.

Note: the data in this material is presented for information purposes only and should not be considered as a recommendation for buying the property. These calculations are indicative, do not represent an investment offer and BULGARIAN PROPERTIES cannot be held responsible for their accuracy and loss or damage as a result of decisions made based on the presented information.

Plan of construction

The start of the construction of the building is 8.06.2016. Act 15 - 01.10.18. Planned Act 16 (Permission for Use) - 02. 2019.

Payment

Reservation
Each of the apartments in the building can be reserved immediately with a non-refundable deposit of 2000 Euros payable in cash, credit card or bank transfer. The deposit will be reserved for the period until the preliminary contract - within 14 days.

Payment
Standard:
2000 Euro deposit - payable at reserving a property
30% first installment (less the deposit) upon signing the preliminary contract - within 14 days from reservation
10% second installment at reaching the upper end of the fundamental slab - not later than 10.08.2016
20% third installment at elevation zero - not later than 10.10.2016
10% fourth installment upon getting Act 14 - not later than 10.02.2017
30% fifth installment upon getting Act 15 - not later than 10.12.2017

Discount
2000 Euro deposit
90% first installment (less the deposit) upon signing the preliminary contract
10% second installment upon getting Act 15 - not later than 10.12.2017

Individual
Upon agreement between the parties.

Prices of apartments with VAT: 1 000 Euro / sq.m.
Prices of garages VAT: 10 000 Euros

Contact

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