NEW RESIDENTIAL BUILDING IN VITOSHA DISTRICT – MODERN ARCHITECTURE, QUALITY CONSTRUCTION AND FLEXIBLE PAYMENT SCHEMES

MODERN HOME presents a new residential project located in one of the preferred and dynamically developing areas of Sofia - Vitosha district.

The building is with building permit received, with the expected deadline for completion and receipt of Act 16 is up to 2 years from the opening of the construction site and the granting of a construction line.

The project is planned with an emphasis on functional housing layouts, modern construction technologies and quality materials. A significant advantage is the lack of underground levels, which allows for a more optimized construction process and a shorter implementation time.

MAIN FEATURES AND MATERIALS

During the construction of the building, materials and solutions were provided that ensure good thermal insulation, comfort and durability of the structure:

• Facade: BAUMIT high-class mineral plaster.
• Thermal insulation: 10 cm EPS, with planned use of XPS in the relevant structural areas.
• Joinery: German PVC windows.
• Masonry: brick blocks 25 cm thick for external walls and 12 cm for internal partition walls.
• Elevators: mid-range elevator systems provided.
• Water infrastructure: The building will have its own treatment plant, with the technical possibility of future connection to the central sewage network during its construction.

The apartments will be handed over on putty and screed, which allows future owners to organize the finishing work according to their individual preferences.

It is also foreseen possibility of complete turnkey finishing through a specialized company for repair activities, with the offer being prepared individually.

The storage spaces are organized within the apartments themselves, which provides additional convenience and functionality.

PARKING

For the convenience of the residents, garages are provided, located on the ground floor, as well as outdoor parking spaces.

• Ground level garages: 30,000 euros.
• Outdoor parking spaces: 20,000 euros.

PAYMENT SCHEMES

The investor offers flexible terms for installment payments, tailored to the stages of construction, as well as the possibility of purchasing through bank financing.

Standard payment scheme:

• 30% upon signing a preliminary contract.
• 20% upon reaching the apartment level.
• 25% at Act 14.
• 15% at Act 15.
• 10% at Act 16.

Bank financing scheme:

• 30% upon signing a preliminary contract.
• 60% at Act 14.
• 10% at Act 16.

Individual agreements are possible to adapt the scheme according to the requirements of the financing bank.

The sales prices are fixed, with no indexation clause during construction.

INVESTOR AND PROJECT SECURITY

The project is being implemented by an investment company that is part of an established construction and investment group with a portfolio of completed, ongoing and upcoming residential projects.

The financing of the construction is planned mainly with own funds, with the possibility of additional mortgage financing of some of the properties.

The possibility of purchasing with a mortgage loan is provided, including through tripartite agreements if necessary.

WHY CHOOSE THIS PROJECT?

• Location in Vitosha district – a developing residential environment with convenient access to main roads and key parts of the capital.
• Building permit – a project with an issued implementation permit.
• Completion time up to 2 years from the opening of the construction site.
• Quality building materials – BAUMIT, German PVC windows and brickwork.
• Fixed prices – without indexation during construction.
• Flexible payment plans – possibility of installments and bank credit.
• Garages and parking spaces – convenient parking solutions.
• Turnkey finishing option on an individual offer.

MODERN HOME offers the properties at investor prices and with a 0% commission for the buyer.

For additional information regarding available apartments, current prices, layouts and purchase conditions, please contact the team at MODERN HOME.