Excellent Investment Opportunity In The Heart Of Sofia

Name: Excellent Investment Opportunity In The Heart Of Sofia
Brand: Houses
Price: 592000 EUR
Availability: InStock

This is excellent investment opportunity: an old house in the one of the most desired parts of Sofia Center near Mall of Sofia. This place itself is a guarantee for secure and profitable investment.

You can have this massive easy to renovate building with 90 sq m yard and 420 sq m total built area distributed between three floors, mansard and a basement for the price of 592 000 Euro. The house can be renovated and resell as luxury offices or apartments. Prices there can reach 2 500 Euro/sq m for apartments and 3 000 Euro/sq m for office spaces.

Purchase price: 1 400 Euro/sq m

Renovation: 200 Euro/sq m

Possible selling price: 2 500 Euro/sq m

Profit of the investment: more than 64 %

This is a chance to invest in the right place in Bulgaria you should not miss. Such house can be just kept and resold lately for more money.

ID: 3028
Property Status: Sold
District: Sofia

Price Euro: €592,000
Price GBP: £503,200
Price USD: $603,840

Category: Houses
Area : 3 Floors And An Attic
Plot Size : 90m ²
Extras: Electricity, Water, Telephone, Cable TV, Internet
Location: In the capital Sofia, Near river, Near ski resort, Near spa resort, Near highway, Near mountain
Published: Friday, November 23, 2007

Contact us in regards to this property

SIMILAR PROPERTIES

House for sale in close vicinity to Sofia

Houses in Sofia (ID: 15480)

We are delighted to present to you this amazing property, located within a short drive from the capital of Bulgaria – Sofia. The house is located in a beautiful area near a river and 200 m from the Vitosha Park. The property faces two streets and has all necessary communications - three-phase electricity, own treatment plant, sewer and security. It is 800 m from a bus stop and 15 minutes from the National Palace of Culture (center of Sofia). The house is finished and furnished. The heating is via an automatic pellet boiler. The window joinery is 5-chamber, triple glazed. The floor covers are made of Italian granite tiles. There is LED lighting everywhere. The house has two floors. The first floor consists of a large garage and a storage room, boiler room, laundry room and another storage. The second floor comprises of one spacious room (dining area, guest area and kitchen area), a large terrace, 3 bedrooms and 2 bathrooms. The yard is beautifully arranged and landscaped. It is terraced and has lots of greenery. The property is surrounded with pine trees.

€451,500

£383,775

$460,530

New house for sale in Sofia

Houses in Sofia (ID: 14692)

We bring to your attention this new house with a total living area of 430 sq m, located in Hadzhi Dimitar district of Sofia. The house comes with a small garden of 120 sq m. The house has two entrances, and consists of a total of 3 separate apartments. The apartment on the first floor has an area of 180 sq m. It is on two levels. The second apartment is on the second floor and comprises of 3 rooms (total of 20 sq m). There is also an adjoining basement to this apartment. The third-floor apartment is a spacious one-bedroom with the possibility of conversion into a two-bedroom. The yard is on both sides of the house and there are parking spaces. The house comes completed, with finished bathrooms, floor covers, thermal insulation, drywall, stylish sockets and switches, high class windows, luxury interior doors, brand new roof, etc. Near a bus stop!

€493,500

£419,475

$503,370

Huge house for sale very close to Sofia

Houses in Sofia (ID: 14946)

We bring to your attention a property located in a large, developed village just minutes away from Sofia. The property is with an area of 2600 square meters. It consists of two houses and a tavern with a total living area of 520 square meters. The first house has 3 floors with an area of 380 square meters. The second building is one-storey, with an area of 100 square meters. The tavern is 40 sq m. Everything is finished and the property is ready to move in. The bigger house has a large living room with dining area and kitchen on the first floor. There is also a toilet and laundry room on this floor. On the second floor there are 3 bedrooms, a living room and two bathrooms with toilets. The third floor has a kitchen, living room with dining area, a bathroom and toilet and two bedrooms. Each floor has a terrace. The terrace on the first floor has a large shed and a barbecue. The smaller, one-storey house consists of a kitchenette, living room, bathroom and toilet, three bedrooms and a laundry room. The heating is gas. There is three-phase electricity, water, internet and TV.

€498,700

£423,895

$508,674

Bulgarian Property News

Bulgaria, the only Eastern European country in which the British still want to buy property 14/10/2014
Surprisingly Bulgaria is the only Eastern European country present in a representative survey of the most preferred places by the British for buying real estate properties. According to a new study of the real estate company Rightmove, cited by the Bulgarian National Radio, Britons who plan... more

Media Reviews 14/03/2008
The site reports on a worldwide property survey by economists at Global Property Guide on last year's international house prices. The survey's findings confirm a crash in the US housing market, a slowdown in Europe's housing markets and a gathering of momentum in the Asia-Pacific.... more

Bulgarian Properties by Type

Bulgarian Properties by Location

Bulgarian Properties by District