Solar Residential building - APARTMENTS FOR SALE in Mladost 4, Sofia

Residential complex Mladost 4 is situated in the newest part of  Mladost  quarter. The site on which the complex is situated faces Vitosha Mountain and reaches the Ring Road at the same time. In the last years many companies moved their offices here. Business Park Sofia -  a multi functional bussines area, International hypermarkets like Como, Hit; Bulgarian stores such as Technopolis, the entertainment place - Arena cinema and others are situated in this area.

The project

The residential building Solar is set at the foothill of Vitosha Mountain, Nov Den Str. in Mladost 4  Quarter, near Business Park Sofia. The excellent infrastructure, the numerous shops, schools, kindergartens, and the forthcoming subway station turn the area into one of  the fastest developing quarters in the capital.

The construction

Solar Building comprises four residential blocks - a ten storey each. Two of the floors are for commercial purposes - the basement floor with personal cellars and commercial areas and the ground floor with shops and offices. All shops and offices are provided with ventilation installations. All elevators and stairs reach down the basement and the garage and also reach up the last two attic floors. 

Section 1

• Ground floor - commercial areas like cafe, supermarket, shops;

• Basement floor - two shops with approach from outside, great natural lighting / from an English yard/, a pizza restaurant with approach from outside and day lighting from the stairs,  internet club, basements;

• Apartments - floors from first to eighth are identical. On each floor there are four apartments /  studios, 1 BR , 2 BRS / from 74, 63 sq.m. up to 114.08sq.m.

• First attic floor- four apartments with floorages from 81,70 sq.m. up to 90 sq.m.

• Second attic floor-  two apartments with floorages from 76,39 up to 130 sq.m

section 2

• Ground floor - the floor is provided for commercial areas.  

• Basement floor - two shops with approach from outside and natural lighting.

• Apartments - on floors from first to fifth four apartments on each floor. The floors and the apartment are identical. Studios, 1 BR,  2 BRS apartments with floorages from 53, 00 sq.m.to 90 sq.m.

• Apartments / from sixth to eighth floor/  three apartments on each floor / spacious 2BRS apartment, 1 BR apartment and a studio/ floorages between 53, 80 and 178,00 sq.m.

• First attic floor -three apartments / two studios and a 2 BRS apartment/ floorages from 50, 00 sq.m. to 105, 00 sq.m.

• Second attic floor - two apartments / a studio an 1 BR apartment/

Section 3

•  Ground floor - commercial areas - a cafe, a pastry-shop, a fitness center, a pharmacy, a herb pharmacy, beauty center for men and women, shops;
• Basement floor - garages and cellars;
• Apartments - identical dwelling on the floors from 1-st to 6-th. There are seven apartment on each floor /studios, 1BR apartments - 47.19 sq.m., 64.10 sq.m., 65.96 sq.m., 68.67 sq.m., 71.72 sq.m. and 72.82 sq.m., the 1BRs apartment are situated from the 6-th to 10-th floor - 121 sq.m.;
• First attic floor offers six apartments from 42.07 sq.m. to 98.91 sq.m.;
• Second attic floor offers three apartments from 73.33 sq.m. to 90 sq.m.

Section 4

• Ground floor  - a medical center - 171 sq.m.;
• Basement floor - garages and cellars;
• Apartments - identical apartments situated from the 1-st to the 5-th floor. There are three apartments on each floor /1BR apartments - 67.33 sq.m., 69.20 sq.m. and 87.54 sq.m./;
• First attic floor offers three apartments from 49.70 sq.m., 51.42 sq.m. and 77.50 sq.m.;
• Second attic floor offers a studio  - 98.38 sq.m.
  

Finishing works

• ELECTRICAL INSTALLATION - completed electrical wiring, electrical switchboard in every  apartment;

• SEWERAGE AND PIPING - installed water-meters;

• HEATING - central heating with aluminum radiators;

• FACADE - mineral plaster on the outer walls, with partial tiling with stone on ground floor;

• ROOF - bitumen roof-tiles;

• ELEVATOR -extra-fine hydraulic elevator;

• JOINERY - PVC - German "Schuco";

• STAIRS -  staircases on granite tiles, walls - painted with white latex, metal railings;

• ROOMS -  plastered walls and ceilings, cemented floor;

• BATHROOMS AND WET ROOOMS - cemented walls, ceilings and floors;

• BALCONIES -  mineral plaster and frost - resisting granite;

• DOORS - MDF interior doors and armoured entrance doors

STAGE OF CONSTRUCTION section 1 and section 2- rough work

DATE OF COMPLETION - November 2007

Stage of construction section 3 and section 4 - excavation

Date of completion - December 2008

ALL PROPERTIES ARE FOR SALE WITH NO COMMISSION FROM THE BUYER!

The agency charges 400 EUR for attendance at the transaction /VAT not included/

EXPENSES OF THE BUYER  

accents

• View of Vitosha mountain;
• Close to the ring-road;
• Close to Business Park Sofia;
• Good infrastructure;
• Hydraulic elevator

Why you trust us...

When organizing your trip to Bulgaria to view or purchase property it is very important that your trip is free from any troubles so you can focus on the main reason for your trip - to choose the right property. We, at  Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.

Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.

On arrival you will be greeted by a friendly and highly trained representative.

Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. At that time you will be accompanied by an experienced and qualified employee of ours to provide consultancy, interpretation and assistance when required.

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. Mirela Real Estate agency 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 Band and First Investment Bank.

UBB - United Bulgarian Bank

The client segments are the citizens of the European Union, USA and Canada. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. There is a standard interest rate for the rest of the loan period which is 6.5%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The prepayment fee is 5%.

First Investment bank

Every able local or foreign citizen is considered an eligible borrower. However, if the acquired property is a plot, a local citizen should acquire a property. There are no limits concerning the maximum loan amount. The maximum term is 240 months with a loan purpose - acquisition of a real estate.

There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. After it equal monthly installments during the loan term are paid. In case of overdue payments the bank charges a penalty interest rate. The application fee is Eur 50 and the management fee is 2%. You can read more on the fees and charges on their website. The applicant's income should be 1.50 times the monthly installments. The minimum income that should remain per member of the household is 500 Eur for adults and 250 Eur for children.

The term for approving the application is usually up to 2 days.

Finishing and furnishing...

For owners of properties in Bulgaria, interested in renting their premises or for those who want to feel their property like a real home we can take up organization and control or full completion of construction or repair works. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. If you prefer our partners can help you design an ideal interior to suit your taste and style, and completely furnish the property  so that  everything is ready for you.