New Style Sofia Real Estate Investment

By: John Adamm

The great number of investors, families, and foreign citizens interesting in real property in Sofia are often faced with many problems related to choosing to live in a big city - inadequate parking space and noise in the city centre, no transport connections and lacking sewerage system in some of the suburban areas. For people willing to avoid these problems and invest in a top quality apartment, Mladost IV residential area is a priority location.

Even though construction in the Mladost area in Sofia did not start until the late 1960s, the area is now a preferred location for apartments and business premises. 105 000 people live there, and the population is among the city's youngest. Located on over 10% of Sofia's territory and in close proximity to the Vitosha Mountain, it is a favorite choice for families, investors, and businesses. On the territory of Mladost IV, Sofia Business Park is located - a rapidly developing business centre where some of the biggest international companies represented in Bulgaria are seated, as well as Arena cinema complex, and many restaurants and hypermarkets.

All this has easy transport connection to the city centre and the suburbs, and the Sofia metro construction plan will reach Mladost IV in the next few years.
While most of the over 400 existing residential buildings there are of the traditional type, the area is now boasting the development of a new Sofia apartment project, City of Fountains, which will remarkably change its appearance and lifestyle. City of Fountains is developed by the real estate investment company Karrat Group EOOD and is a premium-class elite residential complex to fully suit the needs of investors in this attractive area in Sofia.
The purpose of the project is to bring a fresh perspective to Sofia real estate. It will offer a well-balanced combination of office premises, high-quality residential property and varied retail and leisure activities related to modern lifestyle. Located only 400m away from Business Park Sofia and in the meantime conveniently close to the Vitosha Mountain, City of Fountains is a top quality project targeted at seekers of exclusive Sofia apartments to live or invest in, in what has already become Sofia's high-end residential quarters.
The top quality Sofia apartment project features excellent construction materials, the development of a recreation park area around the complex, as well as the creation of a unique atmosphere rendered by the only residential complex with fountains in the city. The completed project will feature a great number of amenities, such as a modern spa and fitness centre, a swimming pool, various sports facilities, a kindergarten, an apart-hotel, and a big shopping centre - things regarded as essential by successful people who are looking for property perfectly suited to their way of life and demands.

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