How to make 1,000,000 EURO in one year with little money and determination!
We are going to Kazichene, the most industrial area around Sofia, with thousands of jobs there and in the surrounding areas! The industry, due to a huge shortage of local human resources, is primarily driven by people from the other side of Sofia and migrant workers from Bulgaria and the former Soviet republics.
A problem arises: this mass of people with high salaries and creditworthy profiles simply has nowhere to live! There is also nothing to rent in Kazichene (check online for rentals and sales).
To meet the needs, locals have realized the opportunity for passive income and are renting out their houses and/or rooms and floors from them. Others are placing mobile units with two rooms and a sanitary facility in their yards.
Such a mobile unit can bring them an income of 400 leva per month per bed, or 1600 leva for two rooms with a shared toilet. Interesting, right?! You didn't know? Well, take a stroll, check the infrastructure, shops, vehicle park, and life in Kazichene on a weekday. Just as it’s done in the books! But hurry, down below it says why!
What I offer: a flat plot in a top location in Kazichene with an ideal rectangular shape of 1007 m², with the possibility of a built-up area of about 1350 m². Electricity, water, regulation, and gas are available on the plot! 270,000 EURO.
Dormitory – 32 studios, 12% management fee for some operator. Subsequent refinancing with a large amount for BRRRR.
Quick profit: small and medium apartments, completed up to plastering and screeding: 1350 GFA x 600 euro profit/m² = 810,000 euro; add parking spaces x 12-15,000 euro, and we are almost at a million, right? Am I wrong somewhere? What risk is three times below zero! Opportunities are immense if you are quick and determined!
Extra - after the deal and a year until the start of construction (while the documentation and permits are ongoing), a perfect warehouse of around 200 m², along with the plot, can be rented for a year plus another year at a rent of 800-1000 euro, and you can calmly observe the environment! This is actually a 10,000 euro bonus from the price, right?
However, there is a dessert: The sales concept excludes expensive and flashy construction!
As someone might say, you are fooling me like 2+2. No, nothing like that - it is exactly like 2 and 2.
Check the situation in Bozhurishte; it’s the same!
Send your architect the sketch, he will confirm everything written! And the lawyer and notary – the correct property documents!
You see that the prices in Gorublyane are already like those in Sofia; be assured that in Kazichene they will be even higher! Why? It’s explained above.
The idea is suitable for both professionals and newcomers in construction. The latter will hardly ever start in Sofia; you need a serious company history, in addition to a lot of money. As for professionals, there are no plots available, or if there are, they are at an outrageous price or require compensation.
And even if you do nothing, you have a secure haven for your money against the approaching storm! A nice, practically eternal, and dry warehouse of 200 m² and a plot for a base for many types of businesses. This is not just an industrial plot in some corner, but a multifunctional plot with a solid and dry building on it, a former dairy with three-phase electricity.
Why am I selling with a heavy heart when it is so beautiful? I need the money to co-finance something that is even better. Barters and compensation do not concern me; I myself build quite successfully in my role as an investor.
And to avoid tiring negotiations, the price is non-negotiable. I know what I own and what I am selling. If it’s not you, it will be someone else; and in a year, passing by there in your car, you will realize the size of your hat!
And here, only the first one wins, only the most determined one!
Life is a one-time offer!
Private individual, no commission is required or paid!