Industry: Real Estate
Sector: Corporate Real Estate
SIC Code: 15420105 SHOPPING CENTER CONSTRUCTION
Country of Origin: Bulgaria |
Target Areas: Worldwide
The plot is located in the most populated part of Sofia with more than 500 000 inhabitants; with excellent accessibility by car (via the highway E80, which is the main connection to Turkey, Greece, Serbia and to Central Europe), and rail (with both long distance and suburban railway lines running adjacent to the property). The next Subway station is approx. 1.5 km firm the site of the building complex. The area directly surrounding the plot is also currently under development with many new retail and industrial projects having been recently completed. A multifunctional building permit has already been granted. Having acquired the appropriate zoning for the completion of the project, the land is now ready to be developed. The necessary gas, water, sewage and electricity lines (84 MW) are already in place. Also a driveway and an exit to the E80 have been established as well as connecting paths across the property. Plot size: 659 610 m² (asking price approx. €83/m²)
Asking Price: 55,000,000 EUR
The ideal property for building site for one of the biggest shopping centre complexes in South-East Europe. The holding company of the property has been issued a certificate for “First Class Investment” which will allow the development of the land over the next years to take place with the support of the investment Agency of Bulgaria.
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