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Property for sale information

 
Central Park Premium  
Reference nr: PG836824
Description:

Following the successful sale of Central Park 1, we are pleased to release the new development, Central Park Premium. This low cost development offers a range of finished but unfurnished studio, one and two bedroom apartments priced from just 720 Euros per sqm.

The 5 residential buildings of Central Park Premium contain a total of 116 apartments. Studio apartments are priced from 21,650 to 26,712 Euros, one bedroom apartments from 36,727 to 48,786 Euros and two bedroom apartments from 51,509 to 78,554 Euros.

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 Sofia and 15km from Sofia Airport.

The total area of this gated development is approximately 7,500 sqm and apartments in Central Park Premium will have full access to the leisure facilities of Central Park 1, these include

• 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

Easy transport access is via the Trakia Highway which is only 500m from the development and completion of the Central Park Premium buildings is scheduled for the end of September 2010

Central Park 1 was our fastest selling development in Sofia, the 256 apartments sold out in just four months and we expect Central Park Premium to continue the trend. Further phases of the Central Park development 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.

With the 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.

Bedrooms: Bathrooms: Price (€):
2 1 51,509
Features:
City
Golf
Ski
Spa
Submission Date:
05-20-2008
Last Update:
09-09-2008
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: €51,509
 

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