Apartment / Flat For Sale Sofia Ad:40745

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Bulgaria > Sofia-capital > Stolichna Obshtina > Sofia

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BGN108,267

(EUR 54,950)

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Apartment / Flat 1 bedroom
For Sale
Sofia
Bulgaria

We are delighted to present one of a kind complex - City of fountains,

located in Mladost 4 quarter, near Business Park of Sofia, situated on a 35 230 sq.m spread covered area. The development

comprises 18 residential buildings and 2 office buildings of class A, commercial area, supermarket. Big variety of sports

facilities, swimming pools /outdoor and indoor/, amusement area, SPA and fitness center, fine dining restaurants and many

other modern conveniences.
High-quality standard and marvelous park surrounding!

Mortgage Loan

possibilities

You can rely on a Mortgage Loan from a Bulgarian bank that will finance your purchase, even if your

income originates from another country. Cheap Bulgarian House Ltd has a partnership with leading Bulgarian Banks based on a

licensed contract, by the force of which we represent them, a sign of respect and trust. Our credit specialists offer

consulting services to our foreign clients and this service is free.

Here are the main characteristics of a standard

mortgage loan in Bulgaria are, as stated by two of the leading banks in the country - United Bulgarian Bank and First

investment Bank.

CASE OF PROPERTY INVESTMENT PLAN

1 BEDROOM APARTMENT SOFIA - 58,99 sq.m
-COST - 70,000

euro
-FURNITURE - 6000 euro
-LEGAL&NOTARY FEES 4.5% - 3150 euro
-TOTAL 79,150.00 euro

-MORTGAGE Deposit

Paid - 20,000 euro
-Balance to Finance - 59,150 euro 25 years 6.75%
-Monthly Repayment - 408 euro
-Rental(4% on

Gross Value)
-Annual -3,200 euro... Monthly -266 euro
-Net Monthly Cost -142 euro

Estimated Sale Price-2015

-7 years capital appreciation about 10% p.a - 150,000 euro

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