Development name : Breza (Birch) Apartments in Sofia
Country/City/Town : Sofia
Location : City
Types : Apartment
Status : Completed
Prices from : 83754 Euros
SOLD OUT

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The Breza (or "Birch" in English) apartments are located in the prestigious Lozenetz district of Sofia, on #6 Breza Str. which houses many of the senior staff from the larger corporations in the city.

It offers exclusive construction quality & management of the property with the highest return of investment value in Sofia.  It is also very close to many of the best available business & leisure facilities in Sofia.

The development is a few meters away from the Central park of Sofia, the South Park Main shopping street - Vitosha Blvd, the biggest trade & entertainment complex in Sofia - CINEPLEX, the biggest and most modern sport & swimming complex in Sofia - "Spartak",  the Best 5 star hotel in Sofia - Hilton Sofia and the biggest congress centre of Sofia - National Palace of Culture.

The infrastructure is excellent, with a variety of Bus and Tram stations & Taxi station.  Additionally, this complex is only 9 km. from Sofia International Airport.

The apartments will be built to modern standards and will include:

  • Thermo-insulation on outer walls and mineral painting "BauMit"
  • Living rooms and bedrooms floor wooden parquet, walls painted with latex
  • Bathrooms and WCs fully finished and tiled
  • Common parts tiled and walls painted, luxury elevator with an automatic door
  • All electric installations completed
  • PVC multi-chamber window frames and terrace doors with float glass packs
  • Telephone, internet and cable TV installations completed in the apartments
  • Video intercom installation
  • Electric heating system with individual meters and Italian radiators
  • Secure front doors
  • MDF interior doors

The developer will in due time offer:

  • A choice of tilings and other sanitary equipment in a few packages
  • Different levels Furniture packs (to be paid separately)

The maintenance of the building will include:

  • 24 hours security with video monitoring of the property
  • Common areas cleaning ( corridors, stair cases, lobby, elevator, etc. )
  • Maintenance of the building
  • Common parts electricity and elevator

Completion date: September 30th, 2006

Rental Guarantee

The developer of these properties is guaranteeing rentals of 7% for the first 12 months.  The following terms apply:

  • The owner must purchase the developers furniture pack
  • There is a two month grace period after completion in order for the apartment to be fully furnished and ready to rent.
  • If the actual rent is lower than 7% in the first year, the developer will pay the owner the difference
  • If the actual rent is more than 7% in the first year, the owner keeps the full difference.

Terms of Payment

• europropertyonline have a refundable reservation fee policy which enables you to hold an apartment for up to 30 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. Only 10% of your reservation fee is retained by europropertyonline as an administration charge. We will accept verbal reservations which are valid for 72 hours. The refundable reservation fee is €3,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 30 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.

• 30% Deposit at Preliminary Contract (Less your reservation fee)

• 70% instalment payable upon transferral of the ownership of the property - September 30th 2006.

We consider this project as suitable for investors as it is easy and safe and quick to transact and the returns will be good.

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