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Property for sale information

 
Central Park Resort  
Reference nr: PG114742
Description:

Priced from just 18,544 Euros, the off-plan Central Park Resort offers great value apartments situated in the newest European capital city of Sofia. This modern holiday village is set in a commuter belt location being only 7km from the St Sofia Golf Club and Spa, 10km from the ski slopes of the Vitosha mountains, 13km away from downtown Sofia and 15km from Sofia Airport.

Built in a quiet and tranquil setting of 12,700 sqm, the first phase of the complex consists of 10 modern residential buildings that provide 256 studio, one and two bedroom apartments. Easy transport access is via the Trakia Highway which is only 500m from the development and completion of the first phase is due in August 2009.

Currently our fastest selling development in Sofia, further phases are planned which will make this a highly desirable location for those that work in Sofia but want to live outside of the centre of the city.

The apartments are accompanied by a range of leisure facilities including :

• Commercial and Spa Centre
• Fitness Centre
• Indoor and Outdoor Swimming Pool
• Mini Golf Course
• Tennis Court
• Basketball Court
• Volleyball Court
• Supermarket and shops
• Medical Centre
• Reception Area
• Restaurant
• Bar
• Children’s Play Area
• On site Parking

With the recent opening of its second terminal, Sofia Airport is now served by low cost and charter airlines as well as national carriers. The capital city hosts many architectural and cultural monuments but is also a modern city where you can enjoy modern shopping malls, night clubs and casinos. Being the highest capital city in Europe, Sofia’s Vitosha Mountains offer excellent conditions for skiing and snowboarding.

The apartments are finished with wood laminate flooring, painted walls, fully finished and furnished bathrooms, air conditioning, double glazed windows and electrical sockets and switches.

There is also the opportunity to purchase the apartments in an unfinished and unfurnished state. This reduces the price of the apartment still further.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 18,344
1 1 37,024
2 1 46,611
Features:
City
Golf
Private Swimming Pool
Ski
Spa
Submission Date:
12-17-2007
Last Update:
02-15-2008
Advertiser Details:


Name:
Phil Grimes

Company:
Select Property Overseas

Phone:
0044 845 430 1404
Fax:

Mobile:
0044 7970 189967

 
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Calculators

 
Property price: €18,344
 

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