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Mount View Sofia

Sub Menu - Gallery /Why invest in Sofia? /The Development /Features and Facilities /Mount View Images /Floor Plans /Prices and Availability / Payment Plan / Maintenance

Gallery Click images to enlarge Copyright © 2006 jet2let Ltd

Sofia's recent accession to the EU has seen its economy experience significant stability over the past few years, with sustained GDP growth of over 6% year on year. Within the seven year budget for the 2007-2013 period approved by the EU the funds for Bulgaria stand at EUR 11.1 B. The country and in particular, Sofia continues to attract strong foreign investment and more and more global companies are opening offices there. This is encouraged by the recent reduction in corporate tax to 10% and a young and well educated population, with good IT skills. 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, 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. 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. Sofia as a capital city is unique in having the Vitosha ski slopes so close to the city centre and it will continue to grow as a holiday destination. The city is also 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. Property prices are rising strongly in Sofia but are still, for now at least, low in comparison to other European capitals. Please go to our Guide for Visitors for more information on the City and visiting Bulgaria in general - Click here

Why invest in Sofia?

Fastest growing city in Bulgaria All year round rental market - attractive yields All year round tourism Economy expanding rapidly at over GDP 6% Low unemployment (2-3%) Doubling of population in last 5 years Massive foreign investment Shortage of quality properties Currency pegged to the Euro EU member-substantial EU funding Blue Chip international companies setting up there Direct Flights to/from all major European Capitals Increasing availability of local mortgages ^ top

The Development

Mount View is a residential gated complex located in the Vitosha area consisting of 128 one, two and three-bedroom luxury apartments. The Vitosha neighbourhood is in the more affluent south of the city and is considered to be a middle to upper-class suburb. Mount View is ideally positioned for year round rentals from both the expanding expat market as well as the professional domestic market. It is located less than 10 minutes by car or tram from the vibrant city centre and is 8 km from Sofia International Airport. The new terminal opened in late 2006 and passenger traffic to the airport is growing rapidly as more and more holiday makers and business travellers visit the capital. This trend is set to continue with the first of the low cost airlines Wizz Air and Easyjet having started flying there. Mount View is also 5 minutes from the vast Sofia Busniess Park, Bulgaria's newest and most prestigious business park, which boasts an impressive concentration of foreign multinational companies and which will eventually employ over 30,000 people. See location map (click to enlarge). ^ top

Features and Facilities

The developer of Mount View Sofia has strived to create a truly international standard of style and finish, by sourcing design experts from the UK and incorporating years of experience into the architecture and landscaping. This can be seen by the high specification of finishing. Unlike many Bulgarian built apartment blocks Mount View will offer an exceptional finish throughout and include for the price, kitchens, bathrooms and light fittings. The facilities include the following: Heated swimming pool Fitness centre and sauna 24 hour security Underground parking Concierge service Childrens play area Lifts to all floors Private balconies with views of the city and mountain Broadband connection Gas central heating Free storage space No stage payments ^ top

Mount View Images Copyright © 2006 jet2let Ltd   ^ top

Floor Plans

Situation of Sections One bedroom apartments sizes 79 - 144 m2 Two bedroom apartments sizes 96 - 197 m2 Penthouse apartments sizes 84 - 241 m2 ^ top

Prices and Availability

To download price list - Click here All the apartment prices are Inclusive of 20% VAT with the full value declared on the Notary Deed. ^ top

Payment Plan

Payment terms are designed to attract investors with just 35% deposit and balance due upon completion 1500 Euros non refundable reservation fee 35% on signing of preliminary contract (within 28 days of reserving) 65% on completion (expected June 2008) This payment structure allows the buyer of the property to apply for a loan for the last installment of 65%. Most of the banks that grant loans to foreign citizens for buying property in Bulgaria require Certificate of Use, which guarantees the entire completion of the Complex and putting it into operation. ^ top

Maintenance

Maintenance Services will be provided for 8 Euros per sq.m. and will cover 24 hours security, maintenance of the building, incl. electricity and water systems and roof, cleaning public areas, gardening, payrolls of staff. ^ top

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