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Property for sale information

 
FOT Residences - Sofia - Bulgaria  
Reference nr: MD106783
Description:

* A modern architecturally designed complex, due for completion in September 2007.
* Close proximity to Sofia Business park with 5,000 potential tenants
* 10 min from ski resorts
* Underground Parking
* Rental Agency & Management Company in Place
* 10 year structural guarantee and fully certified building.
* 24hr security with video surveillance
* Stunning mountain views
* Outdoor heated swimming pool
* Fitness Centre
* Rafe, garden park and children's playground


LOCATION

FOT apartments are located in the southern district of Sofia which is 10 min drive from the city centre. This development is situated in on of the most sought after areas of Sofia, 10 minutes from the ski resorts of Vitosha Mountain. This area has seen the most rapid increase in land prices in the last year, rising by 300%.

FACILITIES

The neighbouring Sofia Business Park will be home to some 5,000 employees of nearly 200 companies, ensuring a high demand for rental accommodation in the area. This neighbourhood also boasts a 15 screen arena cinema complex, a large holiday inn hotel, 2 hypermarkets, 15 restaurants and a retail centre.
There is cross country and down hill skiing for all laevels only 10 minutes away at the ski gondolla. Many of the worlds embassies have taken address within the facility of FOT, making this part of town one of the most venerable and secure.

FINISHING & OPTIONS

Fully Finished & Furnished - ready to rent out

Bedrooms: Bathrooms: Price (€):
1 1 123,363
2 2 170,858
Features:
City
Furnished
Private Swimming Pool
Ski
Submission Date:
09-27-2007
Last Update:
04-08-2008
Advertiser Details:


Name:
Michael Keaney

Company:
Property Match

Phone:
+353 (0)91 700 222
Fax:
+353 (0)91 766 294
Mobile:
+353 (086)2529106

 
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Calculators

 
Property price: €123,363
 

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