Introducing a truly elite development of luxury apartments, combining a multitude of services and equipment to offer Sofia’s most exciting investment opportunity.

    The Location

Vitosha is the name of the National Park bordering Sofia and the name of one the most desirable new residential areas in the capital. 

Strategic location to Business park, 5 min. drive Excellent access to Central Sofia, 10 min. drive Simeonovo gondola lift is 10 minutes away Rental management Easy access to the airport Close to Sofia Zoo and Hunter Park

Locate on the map

Residence Location

Building Layout

    The Concept

The developer has strived to create an outstanding international standard of style and finish, by sourcing design experts from the UK and incorporating years of experience into the architecture and landscaping. 

The residence features 128, 1 & 2 bedroom apartments united in two buildings, A and B.
Building A consists of three sections, A, B & C. Building B consists of six sections, A, B, C, D, E & F. Each section will have an individual entrance from the rear of the building and a lift with direct access to the underground car parking.

The residences occupy only half of the 5000sqm plot to leave room for the heated year-round swimming pool, landscaped grounds, playground and BBQ area. It's a truly unique urban resort supporting the communal spirit and social life of a small neighborhood.

    The Facilities:

• Facilities focused on the business professional
• Outdoor heated swimming pools for adults and children, year-round use
• Fitness Centre with Sauna and Steam Bath
• Children's Playground 
• Underground garages (a minimum of one garage allocated to each apartment) 
• Additional free storage between 4 & 6 sqm. for each apartment
• Lifts to all floors including direct access to underground car park 
• Private gated complex with 24-hour security 
• Central controlled air-conditioning system
• Economical gas central heating 
• On site property management 
• Car wash bay at the underground parking
  See Recent Photos of the Contruction Site.

    The Investment

The Vitosha residence is ideally positioned for year round rentals from both the expanding expat market as well as the professional domestic market.

Rental yields in the city have been improving and are fuelled by foreign corporate investment in the capital. Corporate rentals and migrating Bulgarians from other parts of the country are boosting the rental demand, a trend set to continue as further investment is made in the city.

The potential ROI is 60% annually over the five years following the project completion.  Please CONTACT US to find out how we get this estimate.

The legal and financial sectors in Bulgaria are becoming more established, offering improving mortgage vehicles and a stable purchasing structure. Typically new build acquisitions are funded by stage payment purchasing but the Vitosha development exclusively offers one initial deposit of 35% with no further funds required until completion.

   The Payment Plan

• £1020 (1500 Euros) reservation fee
• 35% on signing of preliminary contract (within 28 days of reserving)
• 65% on completion (expected Fall 2008)

This payment structure allows the buyer to apply for a loan for the last installment of 65%. Most of the banks that grant loans to foreign citizens for buying property in Bulgaria require Certificate of Use, which guarantees the entire completion of the Complex and putting it into operation.

Please click here for the full price list.

The Bulgarian Economy is growing steadily - Strong growth in industrial production, employment and credit has resulted in high GDP growth over the last few years. The economy has grown at an average rate of 4.8 % over the last five years.

The growth in the Bulgarian economy should underpin a strong property market and lead to increased Bulgaria property prices.