While Sofia is often regarded as
one of the best places for property investment, many companies have been too
eager to buy land and build, without any prior consideration of the future of
the market or the specific demand of the property seekers. Motivated by the
rapid growth of the city’s population, these firms are often too eager to
believe that anything would sell.
However,
supply grows as quickly
as demand in the ‘hot’ Sofia
property construction sector. People have become well aware of the fact that
some real estate projects are much better than others; they also have a very
clear idea about what they need. A remote building with bad infrastructure is
usually not a compromise, however luxury the construction might be. Nor is a
tiny building crammed between old blocks in a crowded area.
Despite
the rapid growth in the real estate sector, Bulgaria
still has an acute need of modern residential complexes designed to meet the
needs and lifestyle of today’s typical Sofia
property seekers – young professionals and families with a good income, versatile free
time interests and high expectations.
There
are some companies which have managed to identify the unique needs of Sofia’s property market,
and probably more are about to follow suit. One of them is the real estate
investment company Karrat Group, which is currently developing one of Sofia’s most ambitious property projects – City of Fountains.
The
idea behind City of Fountains
is to create a landmark, a complex which stands out against all existing
residential construction, while also offering everything to match the lifestyle
of modern people. The complex comprises a total area of 35 000 square
meters and will have 18 residential and 2 office buildings, as well as a
spacious recreation area and fountains running throughout its grounds.
Property
owners and investors in City of Fountains
will definitely appreciate its great location. The complex is located in
Mladost 4 Residential Area, in close proximity to Business Park Sofia (South-East Europe’s largest
business complex, where over 200 big national and international companies are
seated) and to Vitosha Mountain, which is a favourite weekend destination
for Sofia’s
residents. It has excellent transport connections to the city centre, while
Sofia Ring Road provides quick access to all parts of the city and to Sofia airport.
The
complex is also remarkable for its unique exterior, interior, and landscape
design. Moreover, it will offer a wide range of amenities, carefully selected
to satisfy the needs of successful professionals and young families. These will
include one of Sofia’s
biggest fitness and spa centres, a swimming pool (open in summer and covered in
winter), various sports facilities, a boutique shopping centre, a supermarket,
an on-site kindergarten, restaurants and cafes.
Projects
like City of Fountains are the preferred choice for the growing
population of Bulgaria’s
capital. Its unique combination of location, top quality and amenities makes it
a favourite place for home or for simply enjoying a cup of coffee in the
pleasant atmosphere.