Local company Mount View Sofia has broken ground for the construction of a 20 mln euro upscale residential complex in Sofia's Vitosha borough.
The building contract has gone to local construction company Planex Holding. It should finish the development in August 2008.
Mount View will feature 128 apartments ranging from 90 to 250 sq m in size. The complex is designed with a built-up area of 15,000 sq m. The list of amenities includes gym, sauna, otdoor swimming poll and a 150-car underground parking facility.
London Sofia property, which owns 65% of Mount View Sofia, said 34 partments have been sold off-plan and another 12 have been reserved.
According to the developer, apartment buyers are ensured a 20% return on their investment over the next 5 years.
In partnership with Salamanca Capital Investments, a London-based real estate management company based, London Sofia Property is also developing the Bulgaria Mall on Bulgaria boulevard in Sofia. The 100 mln euro development should be ready by the end of 2009. The 80,000 sq m complex will place on the market 25,000 sq m of retail space and 20,000 sq m of office premises.
London Sofia Property has also bought land plots for 3 projects in ski resort Bansko: one hotel development and 2 apartment complexes.
Showing posts with label Bulgarian Black sea coast. Show all posts
Showing posts with label Bulgarian Black sea coast. Show all posts
Thursday, February 1, 2007
Bulgarian Blacksea coast
The Bulgarian Black Sea Coast covers the whole eastern bound of Bulgaria. Black Sea Coast beaches occupy approximately 130 km of the 378 km coast. The region is an important centre for tourism during the summer, drawing foreign and Bulgarian tourists alike and constituting the country's arguably most popular tourist destination.
The area's average air temperature in the summer is about 28°C, with the average water temperature at 25°C. There are more than 240 hours of sunshine in May and September and more than 300 hours in July and August.
The Balkan Mountains cross the country reaching to the edge of the Black Sea, dividing the coastline into a southern and northern part. Parts of Bulgaria's northern Black Sea Coast feature rocky headlands where the sea abuts cliffs up to 70 metres in height. The southern coast is known for its wide sandy beaches.
The largest city on Bulgarian Black Sea Coast is Varna (also the third largest city in Bulgaria), located on the northern part of the coast. Another big city is Bourgas, located on the southern coast. The two cities' international airports, Varna Airport and Burgas Airport, are the main hubs servicing the region. In addition, the A1 and A2 motorways, currently in construction, would make the trip from the capital Sofia to the coast substantially easier and faster, while the Cherno More motorway is planned to connect Varna and Burgas.
The area's average air temperature in the summer is about 28°C, with the average water temperature at 25°C. There are more than 240 hours of sunshine in May and September and more than 300 hours in July and August.
The Balkan Mountains cross the country reaching to the edge of the Black Sea, dividing the coastline into a southern and northern part. Parts of Bulgaria's northern Black Sea Coast feature rocky headlands where the sea abuts cliffs up to 70 metres in height. The southern coast is known for its wide sandy beaches.
The largest city on Bulgarian Black Sea Coast is Varna (also the third largest city in Bulgaria), located on the northern part of the coast. Another big city is Bourgas, located on the southern coast. The two cities' international airports, Varna Airport and Burgas Airport, are the main hubs servicing the region. In addition, the A1 and A2 motorways, currently in construction, would make the trip from the capital Sofia to the coast substantially easier and faster, while the Cherno More motorway is planned to connect Varna and Burgas.
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