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MULTIFUNCTIONAL BUILDING, ST. NAUM BLVD., LOZENETS
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INFORMATION FOR BUY Prices
1. Parking Space /35-40 sp./ - 15 000 Euro/sp.
2. Trade Areas Lighted Basement– 2 000 Euro/sq. m.
3. Ground Floor – 5 000 Euro/sq. m.
4. Restaurant with Terrace – 3 000 Euro/sq. m.
5. Offices and Studios – 2 500 Euro/sq. m.
TOTAL PRICE OF THE BUILDING: 6 770 000 Euro.
High quality construction works (modern façade, structure cables, central heating, air
conditioning, porter room) are included in the price
Market Tendencies – “Renting the Properties” Scenario
1. Parking Lot:
Parking Space:
- 1.5 Euro/hour x 10 working hours x 22 working days in a month = 330
Euro/month.
- 24 hour and weekend subscription = 70 Euro/month;
- Additional Service /car wash, auto cosmetics, etc./
Total: 400 Euro/parking space
40 parking spaces x 400 Euro = 16 000 Euro/month
Expenses: 2500-3000 Euro
Profit: 13 000-13 500 Åâðî
Investment Payback Term: 4 years.
2. Trade Areas Lighted Basement
Alternatives: beauty parlour, solar studio, gym, hairdresser's ñàëîí, office, shop.
Rent: 13-15 Åâðî/êâ.ì.
Investment Payback Term: 11-12 years.
3. Ground Floor
Alternatives: shops, show room, bank/insurance company offices, etc.
Rent: 40-50 Euro/sq. m.
Investment Payback Term: 8-10 years.
4. Restaurant with Terrace.
A restaurant in an office building presents a great opportunity for the realization of
higher daily turnovers (lunch menus, club meetings, celebrations and s.o.). The
parking space that is always available is another good advantage.
Rent: 8 000-10 000 Euro/sq. m.
Investment Payback Term: 10 ã.
5. Offices and Studios.
Rent: 18-20 Euro/sq. m.
Investment Payback Term: 10-11 ã.
V. Market Tendencies – “Resale of the Properties” Scenario
Taking into account the exceptional location of the building and its luxury, modern
construction a future resale of the property (after its finalization) could result in an
increase of 30-50% of the price or a profit of Euro 1 500 000 – 3 400 000 in 2-3 year
period.
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