Evergreen land Plot Investment Project

Evergreen Land Plotinvestment project

ProPerty ID

Property TypeLand Plot with existingconstruction permit and constructed infrastructure

Sizeapp. 24,600 sqm

ring road

ring road

ring road

ring

roa

d

to PLovdiv

ChErni vrah

BLvd.

tzargiradsko shoussE BLvd.

BusInessPark sofIa

kIno arenasofIa rIng MallIkea

coMotechnoPolIs

resIDentIalPark sofIa

evergreenlanD Plot

sofIacenter

lozenetz rq.

Iztok rq.

sIMeonovo rq.

DragalevtsI rq.

sofIaInternatIonalaIrPort

Bistrishko

sho

ussE BLvd.

simEonovsko sh

oussE BLvd.

tzar Boris iii BLvd

.

BuLg

aria

BLv

d.

MlaDost rq.

key advantages

sItuateD In one of the Most raPIDly DeveloPIng areas of sofIaThe property is located at the foot of Vitosha mountain with immediate proxim-ity to Residential Park Sofia – the largest gated housing development in Sofia and Business Park Sofia – the largest office cluster in the city. The area offers various amenities including restaurants, bank branches, Kino Arena, Technopolis, IKEA, Yavor, the upcoming South Ring Mall, and a number of food retailers.

excellent accessThrough the Ring Road, Alexander Malinov blvd., and Bistrishko Shousse, the project has easy and fast access to all parts of the city. South Park and Borisova Gradina are within 20 minutes drive.

exIstIng InfrastructureThe plot has frontage to an existing road, sewage, and electrical infrastructure with signed preliminary accession contracts with CEZ and Sofiiska Voda. The infrastructure is built to the borders of the site leading to lower construction cost and cost contingencies.

constructIon PerMIt

full archItectural DesIgn

coMPetItIve Package offerIng

resIDentIal ProPertIes In the area MaIntaIneDhIgh PrIces anD lIquIDItyResidential prices in the area stayed at high levels due to the limited availability of gated projects and the high-quality of the developments. In addition, no large scale developments in the vicinity are expected within the next few years.

Due to the specifics of the area and of the existing and upcoming develop-ments the region attracts residents with high living standard and spending power.

resIDentIal Park sofIa The plot is located next to the largest high-end residential compound “Resi-dential Park Sofia”, with more than 80 % of the units already sold.

schools17 public and 12 private schools within 15 minutes drive

kInDergartens19 public and 43 private kindergartens within 15 minutes drive and one pri-vate in Residential Park Sofia

fooD retaIlers4 Fantastico shops, Piccadilly, Kaufland, Hit, Billa

the Environment

Property details

ProPerty tyPeland plot with existing construction permit and constructed infrastructure.

constructIon DensIty20%; max. intensity (Kint) – 0.5; maximum height – 7 meters; min. greenery – 50%

constructIon PerMItAccording to the existing construction permit 27 single family houses and 72 apartments can be constructed. The combined above-ground built-up area is approximately 12,300.

The existing project is a gated compound aiming at families looking for security, conven-ience and leisure. As part of Sofia’s ‘Orange County’ the project is planned to have low density environment, however at lower prices due to vendor’s competitive pricing and full availability of infrastructure. The project shall have lots of greenery to allow families with kids to feel secure, yet not isolated from downtown hubbub with the overarching view to Sofia.

the Concept

residential marketsnapshot of the area

transactIon characterIstIcssellerBlack Sea Property Fundtransaction typetransfer of an asset or SPV. no liensrepresentationColliers shall represent the sole interest of the seller

The supply in the area equals to 2196 units concentrated in 30 gated communities.The vacancy in this segment for 2011 is estimated at 27.5%.

This brochure has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, express or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from.

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Contact Georgi Uzunov at:[email protected]; Mob +359 986 777 665