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Excellent Investment Opportunity In The Heart Of Sofia

Excellent Investment Opportunity In The Heart Of Sofia
Excellent Investment Opportunity In The Heart Of Sofia
Excellent Investment Opportunity In The Heart Of Sofia
Excellent Investment Opportunity In The Heart Of Sofia
Excellent Investment Opportunity In The Heart Of Sofia

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
 

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Excellent Investment Opportunity In The Heart Of Sofia