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: £514,685
Price USD: $660,790

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

Furnished apartment for sale in the city of Sofia

Apartments in Sofia (ID: 17818)

An apartment for sale, together with an underground parking space and a basement, located in the city of Sofia, Mladost 2 district. The total living area of the property is 132 sq m. Besides the parking space the price also includes a basement of 6.5 sq m. The apartment is sold fully finished with designer finishing and custom furniture made of MDF. Only the highest class of materials and furnishings have been used. The distribution is as follows - entrance hall, living room with kitchenette, laundry room, children's room/bedroom, bathroom with toilet, master bedroom with closet and another bathroom with toilet. There is also a terrace with south exposure and incredible view of the green areas of the complex and Vitosha mountain. Sold with all electrical appliances including air conditioners in every room, kitchen hotplates and bartop made of technical stone, etc.

€451,500

£392,534

$503,964

New house for sale in Bankya

Houses in Sofia (ID: 18404)

We bring to your attention this large, south-facing, twin-type house with 5 bedrooms located in the SPA town of Bankya. The property sits in a quiet and peaceful neighborhood at a distance of just 5 minutes by car to the Sofia Ring Road, 5 minutes on foot from the Fantastico store, Speedy, Econt, shops, cafes and restaurants, 20 minutes by car to TSUM and Vitosha Blvd. in the center of Sofia. The house comes with two parking spaces and a small private yard. The total living area is 207 sq m distributed over three floors. The internal distribution goes as follows: On the first floor there is a living room with a kitchen and a dining room with an area of 45.4 sq.m., a staircase, an entrance hall, a toilet and a small storage room. On the second floor there is a large master bedroom -18 sq.m., a closet - 4 sq.m., a bathroom - 4 sq.m., bedroom 2 (can be used as an office) -12.3 sq.m., a wet room -3.4 sq.m. and a terrace -7.2 sq.m. On the third floor there are three bedrooms and one bathroom. Bedroom 3 -11.5 sq.m., bedroom 4 - 13.7 sq.m. bedroom 5 - 10.7 sq.m. There is also a bathroom - 4.5 sq.m. The house faces South, East and West. Final finishing is required. Underfloor heating is included in the price. The property is supplied with central water supply and sewage. The house is completely separate from the attached neighboring twin, with a separate entrance and two parking spaces.

€456,750

£397,098

$509,824

New amazing house for sale in Sofia

Houses in Sofia (ID: 17781)

We bring to your attention a brand-new modern house that received Act 16 in 2023. The house boasts incredible panoramic views and is located in the most prestigious area of Sofia City - Boyana quarter. The building is designed and built with attention to detail and only using highest quality materials. The house has three floors and boasts a living room and four bedrooms, as well as its own yard and two parking spaces included in the price. It has a total of 271 sq.m. of living sapce (net built-up area 160 sq.m. + yard 63 sq.m. + two above-ground parking spaces of 14 sq.m.). The layout is as follows: First level: living room with kitchenette, storage, guest toilet and panoramic exit to private backyard. Second level: bedroom with walk-in closet, second bedroom, hallway, laundry room, bathroom with toilet. Third level: bedroom with walk-in closet, second bedroom (master bedroom), corridor, bathroom with toilet. The house is fully equipped with underfloor heating, option of gas, PVC joinery with Ka glazing and high-quality electrical wiring.

€491,400

£427,223

$548,501

Bulgarian Property News

No Ceased Eu Money To Bulgaria - Hubner's Spokesperson 26/03/2008
The European Commission denied categorically the information for possible ceasing of the financing of operative programs to Bulgaria for the period 2007-2013. In contradiction of unconfirmed massages that you talk about there is no stopping of the financing in operative programs. This was... more

Tenants know exactly what they were looking 31/03/2011
Rents of Grade A offices in Bulgaria gradually stabilize at very attractive levels, many companies began to seek better alternatives, commented experts. "For the first time on the market meet tenants who are well informed and know exactly what they seek," added. In their words, their... more

Bulgarian Properties by Type

Bulgarian Properties by Location

Bulgarian Properties by District