Fantastic investment oportunity in the old capital city
Sale or rent: For sale
Group investment: Yes
Reference: BG0007
Location: Veliko Turnovo
This fantastic project is being built on the South-East side and overlooking the historical old Capital of Veliko Turnovo, the most beautiful city in Bulgaria.This ancient city is found halfway between the new capital, Sofia and the Black Sea Coast. Veliko Turnovo has always been one of the main tourist attractions of Bulgaria but it is also a centre for business and as such, attracts national and international companies who relocate to the area. The workers for these companies in turn need accommodation, which increases rental yields and the resale market. The development consists of 14 Semi-detached and 31 Detached Houses and 500 Apartments. On the ground floor of the apartment buildings, there will be shops and offices. There will also be a kindergarten, Playgrounds, medical centre, open and covered pool and a tennis court. These properties are targeted at the overseas by-to-let investor keen to profit from Bulgaria’s rising economy, and local buyers who now find that they have more money and are looking to either buy a home or invest in the rising market. The project will be finished in 2009
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