Buxton Suites will operate as a luxury aparthotel and will welcome businessmen, senior managers in International companies working in Sofia, tourists, owners and investors, corporate business groups, participants in company seminars and long-term tenants … and, because the quality of the accommodation and the superb location of the complex, we expect extremely high occupancy from the very first year of operation.
Buxton Suites will offer all facilities needed and high quality of services. Because of its strategic location the complex is suitable both for long and short term rents. The area is a preferred place for living by Bulgarians and foreigners settled in the capital. The unique location next to the mountain, the fresh air and the easy access to the city centre put Buxton among the most desired residential districts.
Buxton Suites will be intensively advertised in the local magazines and web-sites for long term rentals. They could be occupied not only by the visitors and guests of Sofia but by the foreigners who live here permanently.
Judging from our experience, short-term rental provides a good rental income and we expect that apartments will bring 8-9% per annum. As there are no low seasons in the short-term lettings in the capital, because it is visited by high number of investors and businessmen, as well as leisure travelers all year round, therefore we are expecting minimum occupancy of 70% per year.
