Industry: Real Estate
Country of Origin: Bulgaria |
Target Areas: Worldwide
The project relates to the construction of a multiple function complex with an innovative business solution to accommodate both domestic apartments units as well as a commercial space, in accordance to construction regulations.
The company invested heavily in research and development and preliminary studies. In this regards the projected feasibility structure of the Project is that of:
24 underground parking spaces
Outdoor parking spaces (limited number)
1 commercial space.
Total footprint being 2,350 sqm
This Multiple Functional Complex is strategically located in Obelya AV 2 Sofia Bulgaria. A centralised are for both urban living and commerce.
The projects selling prices are forecasted for 900 euro, per sqm. The forecast is based on the actual prices in the area.
Location distance benefits include:
• 600m from metro station
• 100m from train station
• 100m from bus station
• 200m from hospital
• 50m from schooling facilities
• 100m from hypermarket
• 150m from bank
• 150m from petrol station
• 300m from fitness centre
The project duration is anticipated to be of 24 moths from date of availability of funding. Thus, the revenue generation from sale of apartments is expected to start being rendered within the same time frame.
It is of vital interest to mention that all construction permits and needed land studies have been enacted and are approved from the relevant authorities.
Capital / Loan Requirements: on request
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