About Bulgaria

Property by location

UK Telephone:
+44 (0)20 7614 1240
UK Fax:
+44 (0)20 7374 4630
UK Email:
info@bulgariandreams.com

Completion date: July 2009

Download an investment report here.
Located between the prestigious area of Lozenets and Sofia's business district, with stunning views of Vitosha Mountain, the Belgravia sits within one of Sofia's key growth areas. This private complex is in the heart of the University Quarter and is naturally protected by surrounding parks, sports fields and university buildings.

A new law passed on the 27th December 2006 prevents any further building in the area which has been reserved for sports and recreation facilities only. The Belgravia represents one of the last chances to secure highly desirable new build property in the area.

Phase 1 has already sold out, phase 2 now being launched consists of four residential buildings of between 23 and 29 premium studios, one-bed and two-bed apartments.

The development has been designed and will be built to create a strong appeal within the local market in order to maximise rental return and resale prospects. Gated communities with leisure and parking facilities have become increasingly popular within the Sofia market. Despite this, limited room for expansion so close to the city centre has kept the supply of such property low while damand remains high.

Rental returns from these apartments will have a premium set as they are in beautiful private landscaped gardens and adjacent to a wealth of sporting and leisure facilities. There will be a dedicated onsite rental and a management company available for our clients.

Why Sofia?
  The economy of Sofia is booming with unemployment at just 3%.
  The Sofia economy is growing faster than anywhere else in Bulgaria.
  The population has doubled in the last five years.
  EU membershipand the increasing importance of Bulgaria has meant an influx of diplomatic staff and multinational companies to the city.
  High quality property in central Sofia is in limited supply.
  See how well Bulgaria's economy is doing here.

All this has sparked a growing demand for quality residential property within the Sofia area. A trend that is expected to continue as economic growth continues.
Download an investment report here.

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