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| Embassy Suites, Sofia | ||||||||||||||||||||
| Sub Menu - About Sofia / The Development / Finish Quality / Pictures of Sofia / Floor Plans / Prices and Availability / Payment Plan | ||||||||||||||||||||
 Sofia has the lowest cost accommodation in the whole of Eastern Europe's capital cities and enjoys the lowest EU corporate tax rate of just 10%. A young and well educated population, with quality IT skills, is drawing more and more foreign global companies to site their businesses here.The huge redevelopment of the city is making Sofia one of the most attractive place to live and work in the region. Whilst Sofia will never rival Prague for its historical sites, there are numerous places of interest to visit including the Russian Church, Russian Church, Sofia Synogogue, galleries, museums and, Sofia's crowning glory, the impressive Alexander Nevski memorial church. You will also see set-piece public buildings along the tastefully cobbled streets and the pedestrianised Vitosha Boulevard attracts visitors for its stylish shops and the impressive views south towards Vitosha mountain. In Spring and Summer you will see bars and cafes springing out onto the pavements and parks and visitors enjoy affordable quality dining and a thriving bar culture. The city is gaining a new more hedonistic edge as it grows and prospers. As the centre of the city is flat it can be covered on foot with ease. Moving just 12km out of the city brings you to Vitosha Mountain which is perfect for outdoor pursuits. The city is only an hour away from the established mountain resort of Borovets and one and half hours from Bulgaria's second city of Plovdiv. Whilst there are many improvements still to come, a glimpse of its future status can be observed with its modern airport terminal, business parks and shopping centres. These are all strong pointers that this city will not remain the current property bargain destination for long. In summary, Sofia is gaining a positive image with investors from around the world and its popularity for investment, business and leisure is on the increase. Please go to our Guide for Visitors for more information on the City and visiting Bulgaria in general - Click here. ^ top |
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| The Development | ||||||||||||||||||||
 Embassy Suites in Sofia is a residential gated complex of 84 large one, two, three and penthouse apartments with Vitosha mountain views and very well located close to the junction of the southern ring road and Bulgaria Boulevard just a 10 minute drive from downtown. Embassy Suites has set the standard for the rest to follow; inspired architectual design, landscaped green gardens and 24 hour security all from just €1,306 per m2 (inc VAT). All apartments have extra high 1.9m ceilings, floor to ceiling windows and ensuite bathrooms - this is very impressive luxury accommodation. We believe this is exactly the type of accommodation which would be most desireable for expatriate residents. Most apartments enjoy a net area in excess of 112m2 and a typical three bedroom unit has a net area of 172m2. There are four Penthouse apartments for sale with net area between 169m2 and 203m2, and terrace areas from 104m2 to 116m2. These are probably the most exclusive properties for sale of their type in the whole of Sofia. Whilst exact rents depend on unit size, we expect a monthly rental income of over 1,000 euros per month for a one bedroom and over 1,300 euros per month for a two bedroom apartment giving a yield in excess of 8.0%. We expect strong rental demand from representatives of embassies, as well as company executives relocating from abroad. In addition, letting opportunities are expected to come from the office developments in the area including the new office space located in the same grounds as Embassy Suites, and completed at the same time. Contact us for more information on the Sofia rental market.
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| Finish Quality | ||||||||||||||||||||
| It is the quality of design for living and the top materials that sets Embassy Suites apart from the rest. Every apartment has a large entrance hall with plenty of room for storage. Heating is by gas with thermostatically controlled radiatiors. All apartments have a utility room ready for locating washing and drying machines along with further storage space. With the high ceilings, built in hot and cold air conditioning controllable from every room and ensuite bathrooms, these apartments are for investors who want to be secure in the knowledge they have invested in a genuine exclusive development of which there is no equal. Other important details include spacious underground car parking with automatic light sensors and large glass lifts serving the entrance areas of all apartments. Spacious and wide stairways and entrance areas complete the whole feeling that makes Embassy Suites a very special place to live. Your investment is further protected by professional property management from Belle Vue Property Management who have extensive expertise in maintaining high quality buildings in Bulgaria. ^ top |
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| Pictures of Sofia | ||||||||||||||||||||
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| Floor Plans | ||||||||||||||||||||
| Click the picture of the plan to enlarge. Building One
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| Prices and Availability | ||||||||||||||||||||
| Price per square metre is from €1,306 per m2 including VAT up to €1,452 per m2 inc VAT for the top floor Penthouse apartments. This is exceptional value for money and we therefore encourage investors to view this, and all our Sofia properties, in person. Please call us for details of our viewing trips, which are arranged at times to suit you. To download PDF price list - Click here ^ top |
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| Payment Plan | ||||||||||||||||||||
| All units are Finished Act 15 and Act 16 issued. €3,000 - Reservation Fee 40% - Preliminary Agreement within 21 days (less €3,000 reservation fee) 60% - Completion (30 days later) ^ top |
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