The “Tulips Residence” project is located on the north east side of Sofia, in district Lulin 4, only 15 minutes away from the city centre. The project is planned to be built on a well developed area, surrounded by decorative landscaping. The plot has 17 717 sq. m. total build area and consists of two apartment blocks, commercial area and parking lot. The commercial area is on two levels, on the first there is a supermarket of 1300 sq. m. The shops are on the first and second floors. The main entrance of the supermarket is on the north side of the building, facing the boulevard.
There are a total of 142 apartments – 59 one bedroom, 45 two bedroom apartments and 38 studios. The size of the apartments varies between 50 and 100 sq. m. and the studios between 35 and 59 sq. m. Apart from the supermarket in the commercial area there are 26 shops and an area is provided for fitness. For the residents of the building there are 33 garages and 81 parking places.
Each apartment block has two entrances, those of Block N1 are on the east and those of Block N2 are on the south. Block N1 has seven residential floors and one under roof floor with studios and Block N2 has six floors and one under roof floor. On the south side of the building there are 17 parking spaces for the supermarket and the residents of the building.
Bulgaria boasts a strategic geographic position as a bridge between Europe and Asia, bordering with Turkey to the southeast, Greece to the southwest, Serbia and FYROM to the west, Romania to the north with the Danube River as a natural border, and the Black Sea to the east.
The Bulgaria of today offers political stability, strong economic growth and low costs. In addition, the favourable conditions and guarantees for foreign investors that the Bulgarian legal system provides for have generated excellent business opportunities and investment growth potential. That is why the country has been attracting an increasing number of investors over the years.
Bulgaria is 3 hours away from the UK by air. British Airways and Bulgaria Air have daily flights to and from the UK. Budget airline Wizz Air also operates regular flights to Sofia and Bourgas. In addition, most main airlines provide connecting flights to Bulgaria from the UK and Ireland. Considering its small size, Bulgaria has a great diversity of picturesque and contrasting landscapes of plains, plateaus, hills, mountains, bays, beaches, basins, gorges, and deep river valleys.
Sofia
As Bulgaria’s capital city, Sofia’s city centre is an eclectic mix of architectural styles, largely built complete with a yellow brick boulevard. The city is compact and diverse. Sofia’s geographic location within Bulgaria is such that it favours investors, insofar as it is located on an international motorway - the motorway from Belgrade to Istanbul. Sofia has about 1.5 million inhabitants and a significant number of new arrivals. This is where the country’s most qualified manpower is concentrated. The investment growth in the city is facilitated by the improvements currently taking place with the infrastructure, primarily transport and local services.
Completion Details
Expected completion July 2009.
Payment Schedule
30% upon signing of preliminary contract
30% upon initial construction (April 2008)
40% upon completion |
