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Property for sale information

 
Golden Valley  
Reference nr: PG294030
Description:

Golden Valley is situated in the quiet, peaceful and prestige quarter of “Vitosha Vec Simeonovo” which is one of the new and emerging neighbourhoods in Sofia, the capital of Bulgaria.

This modern residential complex offers both architectural design and high standards of living with all apartments priced at just 1050 Euros per sqm including VAT.

The development consists of a total of 102, one and two bedroom apartments over five floors; one bedroom apartments are priced from 61,700 Euros and two bedroom apartments are priced from 99,000 Euros and completion is estimated for November 2009.

All apartments are finished to the Bulgarian standard of completion and are unfurnished. The developer is able to provide both finishing and furnishing packages at an additional cost if required. A management service will also be available for rentals and re-sales.

The location of Golden Valley combines the views, beauty and tranquillity of the Vitosha Mountains with the lively area of Studentski Grad which is within walking distance from the complex. This together with the easy access to the city centre is via the adjacent boulevard of “Simeonovsko Shose” makes the project one of the most desirable place to live in Sofia.

The development is adjacent to the famous ‘Maxi’ club complex, which consists of an ultra modern spa, 4* hotel, spacious indoor and outdoor swimming pools, fitness club, billiard hall and Sofia's best tennis club.

The area of Vitosha is already becoming one of the most desirable in Sofia. The whole area is set to become a brand new neighbourhood with new infrastructure and public utilities such as hospitals, schools, kinder gardens, swimming pools, SPA centres, restaurants, supermarkets and entertainment areas.

The Vitosha ski slopes are only a few minutes away by car and the exclusive southern suburbs of Boyana, Dragalevtsi, and Simeonovo are all located within the Vitosha National Park area, 5 minutes drive from the Golden Valley.

Bedrooms: Bathrooms: Price (€):
1 1 61,700
2 1 99,000
Features:
City
Spa
Submission Date:
06-27-2008
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: €61,700
 

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