The building’s location is at one of the main Sofia’s entrance-exit arteries with a great future potential for development in the forthcoming years.*
The project envisages a nine-storey building with the first two levels designed as a luxury auto cosmetics shop and an art café and the rest seven levels as office areas, constructed to meet the highest technological, communication and hygiene standards.
The style of the building is ultra modern pixel architecture, unique for the country.
The building process will end by the end of 2009 and the sales already began.
* Please, check the "Documents" section for a detailed map.
Region
The history of Sofia embraces thousands years. The first name of the city – Serdika – was given by the Thracian tribe Serdi, who had inhabited town’s territory in 7 century B.C. Later Byzantium citizens gave it the name of Triaditza and the Slavs – Sredetz. The name of Sofia dates since 14th century, when the town has been called after the basilica Saint Sofia (in Greek “sofia” means wisdom). In 1879 the town became Bulgaria’s capital.
Sofia is rich of archaeological findings. A great part of the previous Serdika is located beneath central modern buildings. Saint George rotunda is located behind the Presidency, and antique basilicas are hidden beneath the National historical museum. Roman thermal baths are the predecessor of the Sofia mineral baths and the Roman residence, decorated by fine mosaics, is preserved beneath Rila hotel.
Some of the modern landmarks of the city are: Alexandar Nevsky church – a masterpiece of icons, mural paintings and frescoes, constructed in the course of 30 years by masters from 6 states, the National palace of culture – the greatest Congress Centre on the Balkans, Sofia university and a lot of others.
From ancient times the city is prominent also with its mineral springs both in its real centre and in the neighbourhoods: Knyazhevo, Gorna Banya, Bankya, Ovcha Kupel, and Ivanyane.
Today Sofia residents amount to 1 250 000.
More info at: http://www.sofia.bg
Information for buy
Technical Parameters and Price making.
1. ART CAFE: built-up area: 85.3 sq. m. ; common parts: 16.88 sq.m.; total: 102.18
sq.m.;
PRICE: EURO 210 000 – FREE
2. SERVICE STATION: built-up area: 278.68 sq. m.; common parts: 52.8 sq. m.;
total: 331.48 sq. m.;
PRICE: EURO 1 000 000 åâðî – FREE
3. STUDIOS FL. 1: built-up area: 213.72 sq. m.; roof-top terrace: 98.09 sq. m.;
common parts: 58.96 sq. m.; total: 370.77 sq. m.;
PRICE: EURO 450 000 åâðî – FREE
4. STUDIOS FL. 2: built-up area: 238.51 sq. m.; common parts: 45.34 sq. m.; total:
283.85 sq. m.
PRICE: EURO 369 000 åâðî – FREE
5. STUDIOS FL. 3: built-up area: 232.65 sq. m.; common parts: 44.25 sq. m.; total:
276.90 sq. m.
PRICE: EURO 360 000 åâðî – FREE
6. STUDIOS FL. 4: built-up area: 235.25 sq. m.; common parts: 44.73 sq. m.; total:
279.98 sq. m.
PRICE: EURO 364 000 åâðî – FREE
7. STUDIOS FL. 5: built-up area: 235.25 sq. m.; common parts: 44.73 sq. m.; total:
279.98 sq. m.
PRICE: EURO 364 000 – FREE
8. STUDIOS FL. 6: built-up area: 221.36 sq. m.; common parts: 42.15 sq. m.; total:
263.51 sq. m.
PRICE: EURO 345 000 – FREE
9. STUDIOS FL. 7 : built-up area: 116.76 sq. m.; common parts: 22.72 sq. m.; total:
139.48 sq. m. - FREE
Market Tendencies – “Renting the Properties” Scenario
1. Auto Cosmetics Shop and an Art Café
The Auto Cosmetics Shop advantages are that it could be well seen from the boulevard and is located in an area occupied primarily by representatives, show rooms and car service of companies-importers of automobiles. It is also very suitable for a show room. Rent: 5000- 7000 Euro for the whole complex.
Investment Payback Term: 11-15 years.
2. Offices and Studios
Rent: 8-10 Euro/sq. m.
Investment Payback Term: 10-12 years.
Market Tendencies – “Resale of the Properties” Scenario
The building is situated in a region that is envisaged for a serious infrastructural change. The major highway to Sofia airport will be built in an immediate neighborhood to the site. “Botevgradsko shosse” boulevard is the only entrance-exit artery of the city that is still not built to its full potential. Considering this fact and given a longer perspective of 5-7 years term the prices of the properties in the finished modern building might rise even by 100%. In shorter terms (2-3 years) the finished building resale could bring 20-30% rise of the price.
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