Development Information
- New Release located near Sofia International Airport & minutes from City Centre attractions & amenities
- Sofia Plaza will be build to a true 4* standard and is the only apart/hotel in the capital
- Designed to encourage both short and long term occupancy to the broardest clientele
- Fantastic leisure facilities including Swimming Pool, Gymnasium, Sauna and other onsite entertainment facilities
- High quality development in upmarket area of Sofia
- 24 hour recpetion & lobby area
- Internet & Cable in all apartments & conference facilities available
- Excellent transport links enables access to all of Bulgaria
- 220 high quality apartments over 12 floors
Investment Information
- Launch prices of this project are €60,000 for fully furnished 1 bed apartments
- 10 Year Guarenteed Rental Package on completion of 6% for the first 5 years and 7% for the following 5 years
- VAT included in price
- All properties fully declared on the notary deed
- Incredibly high quality finish
- Strategic location
- Sofia is experiencing rapid economical development
- New capital gains tax laws benefiting investors
Local Information
- Bulgaria is a member of NATO since 2004
- Bulgaria has now entered the EU, Jan 2007
- Economic Stability
- Strong Growth
- Free movement of capital
- No restrictions on after-tax repatriation of profits
- Agreements on mutual protection and promotion of foreign investment
- Three and a half hours’ flying time from UK airports
- Opportunity to buy land through a company registered in Bulgaria with up to 100% foreign ownership
- Bulgarian government has put in place proposals to relax non-national property ownership laws, enabling foreigners to buy land and property quickly and easily.
- Tourism industry has grown rapidly in last couple of years
- Tourism & property investments & developments are among government priority areas
- house prices have risen dramatically in last two years
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