For the individual inestor in real estate the process of putting a project together, permitting, building and selling it can be a complex, stressful and risky venture. It can also be very profitable and fun. It can make a huge contribution not only to the clients who buy the end product, but to the local environment and the social fabric of the city or urban environment where the project is taking place. If a project achieves these bench marks it will be more profitable.
Realistic business plan according to the location of the project
Develop Project Objectives, including Quality Objectives and Project Outcomes, Sustainability Aspirations, Project Budget, other parameters or constraints and develop Initial Project Brief. Undertake Feasibility Studies and review of Site Information.
Project and development services
We manage the design and construction of complex real estate projects from beginning to end, handling every detail. We’ll focus on customizing innovative business solutions to transform your vision into a reality. Drawing upon years of experience and market-specific knowledge, we collaborate with leading contracts / developers and world-renowned architects to create the most coveted properties in the marketplace.
We provide complete range of services covering all stages of project realization: from spotting the early market opportunities through market analysis services, handling the financial and legal aspects of investment, setting high quality building specification and complete solutions for property management and securing the best possible outcome for the investor.
We combine unrivaled sales and marketing expertise with an in-depth awareness of the on-going market trends and the most intricate details to achieve the best results for your project.
Our team delivers a holistic approach encompassing comprehensive in-house research, marketing and sales, property management and mortgage financing.
Fund Management, focused on distressed properties
Target IRR 30% net per annum.
Real Estate Fund Management in Bulgaria with focus on distressed real estates. Smart Brokers will purchase, actively manage/optimize and then sell its property investments with a view to generating rental income and capital growth for the investor. All properties will be professionally managed by local property managers.
1. Public auctions: opportunity to purchase properties below market value (between 20%-30%). Work-out units of banks: Use existing contacts to mortgage and commercial banks to gain access to properties from delinquent mortgage holders. Properties can be acquired directly from the banks (ahead of an auction) at good discounts.
2. Off-plan residential projects. Investments in off-plan projects with a view to generating profit for investor when the project is completed and all units sold out. Capital appreciation at least 30% p.a.
Project: Izgrev 132, Total build-up area 4100 sq.m.
Customer and investor: ACME Ltd.
General Contractor: Mirat Group Ltd.
Completion: May 2015 - November 2016.
Smart Brokers involved in the task, and the development of the project, as well as in marketing and sales. This is the first residential building in the BREEAM in Bulgaria, which is realized on the market. Yet the Green were sold out 80% of the apartments in the building, as the majority of the properties are bought by investors. The building is set in an underground floor, five floors and terraced floor. Following the natural topography of the ground in the southern part of the property is being built a garden with low and high vegetation, organized in green and flower terraces that create a pleasant environment for relaxation.
Project: Vitosha 8, Total build-up area 1450 sq.m.
Customer and investor: ACME Ltd.
Contractor: Diana Commerce 1 Ltd.
Completion: May 2016 - under (year of completion - March 2017).
Smart Brokers involved in the task and project development as well as marketing and sales. "VITOSHA 8" is a small, exclusive residential building consisting of 11 apartments in "Vitosha VEC Simeonovo" near blvd. G.M. Dimitrov (with gamma Pharmacy League). Highlights are occupant comfort and energy efficiency.
The construction is monolithic, with reinforced concrete load-bearing elements and slabs with brick facade and partition walls and aluminum windows with low-e glass. The project envisages the facades can be implemented as a combination of HPL panels and Baumit plaster.
Vaska Balareva 1
Project: "Vaska Balareva" 1, Total build-up area 1100 sq.m.
Customer and investor: Mandjukov EAD
Completion: January-October 2014
Smart Brokers Ltd. is involved in advising the entire transaction for the acquisition of the building by PM Group Plc through a public sale of the PEA. Smart Brokers perform comprehensive maintenance building, change of use of one of the objects of a tavern in the studio, design and accession to the terrace of the apartments. Implementation of sales of 5 units in the building within six months. The rate of return on capital investor for a period of 6 months is 30%.