A Growing Capital

By: John Adam

Of a total of 7.8 million people in Bulgaria, around 2 million are permanent residents of Sofia. The growing prominence of the city as a major industrial, business, and social centre has attracted people from other parts of the country and from abroad, hence its rapid population growth. This has led to a construction boom, as successful professionals start looking for property in Sofia.

Construction is going on all around the city, and there are hundreds of property projects currently under way. However, not all Sofia areas are equally suitable locations for a new home. The city center is too densely populated, and traffic is heavy. On the other hand, the suburbs have poor infrastructure and urban development cannot keep pace with the growing demand for property. In terms of infrastructural and living conditions, the southern part of the city and in particular Mladost area is a very favorable property destination.

Mladost residential area is very conveniently located in the south of the city, in close proximity to Vitosha Mountain, which is a favorite weekend recreation destination for Sofia's residents. It has excellent transport connections to the city center, the airport, and to Sofia Ring Road. There are many schools and amenities, including hypermarkets, shopping centers, and Business Park Sofia, South-East Europe's largest office and business complex, located in Mladost 4 residential area.

One ambitious real estate project that aims to take advantage of and add to the benefits of the area is City of Fountains, a residential and office complex developed by the property investment company Karrat Group in Mladost 4 Residential Area.

City of Fountains has been specifically designed to meet the unique needs of today's successful professionals and young families and offer them the lifestyle they demand to have when choosing a home. Added to its excellent location, the complex has an outstanding landscape, exterior, and interior design, as well as a wide range of amenities that make it stand out against the background of everything that has been done in Sofia's real estate sector so far.

The complex will feature spacious green areas and will be surrounded by a large municipally-owned lot to be developed into a park area. There will be fountains running throughout the complex grounds. This unique landscape design will enhance the atmosphere rendered by the proximity of Vitosha Mountain, making City of Fountains a place of unrivaled comfort.

Amenities are crucial to property seekers. City of Fountains will offer a large fitness and Spa center, a swimming pool (open in summer and covered in winter), various sports facilities, a shopping center, restaurants and cafes, an on-site kindergarten and many others. Given the growing scale of the city and the problems ensuing from that, it is essential for people to be able to access all they need within minutes and to have as much convenience as possible.

City of Fountains is a modern complex designed to meet the needs of today's demanding property seekers and to prove that there is an efficient and attractive solution to Sofia's property problems.

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