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Property for sale information

 
South Park Village  
Reference nr: NW542051
Description:

From €105,000 - 1 Bedrooms, 1 Bathrooms

South Park Village is a luxury residential and retail complex located in one of the most expensive
and sought after residential neighbourhoods, 200 metres from Vitosha Boulevard in the heart of
Sofia. The building has been designed to the highest European standards using an award winning
design by Steven Leach and Gaudi Associates. South Park village is setting a new living standard for Sofia. South Park Village is located at 19 Kraishte Street in the southern section of Sofia, in a neighbourhood called Ivan Vasov. The Ivan Vasov quarter is one of the most prestigious quarters – near the city centre but away from the noise. To the north it borders Bulgaria Blvd, to the west – Petko Todorov Blvd and to the Southeast, the big south park. The Ivan Vasov neighbourhood is second only to the Doctors Garden area, which is considered the most prestigious in Sofia. This follows through for the rental demand with high-end tenants comprising primarily of expatriates, embassy staff and international companies personnel.

Location:
Just minutes from South Park Village you can find
everything you need - Sofia’s most notable shopping
street, Viotosha Boulevard; A large well-known outdoor
open market for fresh produce; Sofia’s largest park where there is walking and jogging paths, lakes, green belts and tennis courts; a children’s entertainment centre; Sofia’s most modern sport centre – SPARTAC which has indoor and outdoor swimming
pools, fitness centre, Jacuzzi, solarium, sauna, massage rooms and other facilities; Rakovski Sport Stadium for professional football and “ATLAS” one of the city’s best tennis clubs.

Accommodation:
The building has 9 units over 6 stories with splendid views on the upper levels, security intercom features and luxury finishes on the façade and lobby areas.

The Developer:
South Park Village will be completed by the end of 2007
and is being developed by Balkan Homes EOOD. Balkan Homes is a newly established company in Bulgaria that is owned and operated by Mr. Ronald Diller. Mr. Diller has been involved in real estate development since 1984 working for some of the largest US real estate development and management companies. Mr. Dillers goals in Bulgaria are to develop superior quality, innovative leading edge
design and well planned residential housing projects for buyers.

Prices:
Range from €105,000 for a 48 sq m apartment to €269,850 for a 82 sq m apartment with balcony.

Bedrooms: Bathrooms: Price (€):
1 1 105,000
Features:
City
Submission Date:
06-25-2007
Last Update:
06-25-2007
Advertiser Details:


Name:
Niamh Walsh

Company:
Lisney

Phone:
+ 353 1 6198900
Fax:
353.1.6198923
Mobile:

 
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Calculators

 
Property price: €105,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations