Shop for sale in Sofia

Lyulin Suites Complex is located is a lively area, characterized with many residential buildings and excellent infrastructure. The district has fast access to the city centre, large supermarket and a large showroom for various home machinery and equipment. Providing comfortable living condition, in the area are available many kindergartens and schools, as well as various health centres, food markets, etc. The district is preferred by couples, families with children and young professionalists. That is why we think that any investment in trade area made today will significantly increase its value in the future.

Completion Schedule
• The construction of the complex is planned to start in April 2009.
• All apartments and the whole residential complex will be completed by December 2010.
Lyulin Suites Complex is created and deigned by one of the most successful architecture bureaus in Sofia "Artnewision". The development comprises of two residential buildings, located in one common plot, with access to two streets, including the main boulevard.

Why invest in a shop set in Lyulin Suites Complex?
We find purchasing a shop in the Lyulin Suites Complex appealing and worth it, due to several factors:
• Great location: In a busy residential district which is set 2 min walk from a metro station, close to Billa supermarket, Techolopis store, many schools, restaurants and plenty of other local amenities.
• Exclusive building: Modern architecture and attractive design.
• Reputable developer: The developing company "Chobanov & Stoyanov" has more than fifteen completed holiday and residential buildings in their portfolio, and is known locally for high quality, meeting deadlines and keeping the promises.
• Right type of property: Lyulin Suites is a fine example of a residential city property, where the demand for commercial properties is constant and high.
• Great rental returns: Suitable for long-term letting, the shops would appeal to those tenants who sell food, vegetables and fruits and medicines, etc. Your shop will earn good money and is expected to reach a good re-sell price.
• Full set of property management services: Lyulin Suites will benefit from all maintenance, management and letting services provided by a dedicated team of professionals from the leading company PropertyManagement.BG.

The shops at Lyulin Suites Complex will be traditionally constructed using the most modern building materials and techniques. They will be offered with plastered but not painted walls, concrete floors, sanitary premises in need of completion. The shops will have installations for telephone landlines, cable television and Internet, as well as water and electricity meters. Completion with high-quality Bulgarian materials is provided against an additional payment and is given a choice among various types of floorings, colors of the latex paint, etc. Furnshing packages are also provided and the prices will be given to those who are interested.

Guaranteed Rental (non-obligatory):
The investors who have bought shops in the complex aiming to rent them are welcome to use the service “Guaranteed Rental”, which we offer for Lyulin uites Complex. The property management company we work with will offer a 5-year lease contract with fixed annual profitability of 7 % for the entire period of the letting. The offer is valid only if the shop is fully furnished and equipped with the standart furnishing package of FURNISH.BG.

Payment Plans

1) Standard payment plan is on instalments, as follows:
• 5 % reservation deposit, non-refundable.
• 35 % when signing the preliminary contract some 30 days after the deposit is paid
• 30 % when the third floor of the complex is completed to shell stage (around August 2009)
• 20 % when shell stage of the whole building is completed and the roof is laid (around February 2010)
• 10 % when the whole building is fully completed with receipt of Certificate for Habitation-Act 16 (around December 2010)

2) Discounted payment plan
A discount of 7 % of the purchase price will be offered for all apartments purchased with the following payment plan:
• 5 % reservation deposit, non-refundable.
• 85 % when signing the preliminary contract some 30 days after the deposit is paid.
• 10 % when the whole building is fully completed with receipt of Certificate for Habitation-Act 16 (around December 2010)

3) Deferred payment plan
All apartments purchased on this payment plan will have their original price increased by 15 %:
• 5 % reservation deposit, non-refundable.
• 15 % when signing the preliminary contract some 30 days after the deposit is paid. (+ 3% commission)
• 80 % when the whole building is fully completed with receipt of Certificate for Habitation-Act 16 (around December 2010)

Prices, Sizes, Availability (constantly updated and valid!) Lyulin Suites: Situation
Prices are final. On top of this price you will also need to pay the Notary fees, stamp duty and local tax (approx. 3 - 4 % on the price shown on the Title Deeds).
Every owner of property in Bulgaria pays an annual propety tax and local communal tax the amount of which depends on the size of the property.

Offered for sale are two shops which are facing and have direct access to “Gotse Delchev” Blvd., both located on the ground level, as follows:

Ground Floor Architectural Plan

Shop No A101, total area 65.11 sq.m (built-up area + common parts), Price 58 595 € (plastered, with an option for completion if required)

Shop No A102, total area 133.46 11 sq.m (built-up area + common parts), Price 120 112 € (plastered, with an option for completion if required)

There is an option for purchasing parking lots located in the underground level of the complex, as well as storage ares set on the ground level.