LUXIMMO is part of Stoyanov Enterprises
Luximmo

Investment property next to the Ring Road - opportunity for a residential project with additional potential

BULGARIA / REGION SOFIA / IN THE AREA OF VILLAGE GERMAN   On the map
Price  
1 950 000 (excl. VAT)
253 €/sq.m
(excl. VAT)
Type:
Investment land

Total area:
7700 sq.m

Plot area:
7700 sq.m

Reference number:
SOF-140557
Info pack

Distance

Distance from the property to major attractions
Information about the property

We present an extremely interesting investment opportunity in the area of the village of German, Pancharevo district - a set of two neighboring properties with an excellent location, quick access to the Ring Road and serious potential for the development of a modern residential project.

The properties are located in an area with an actively developing residential environment, as new residential projects, single-family houses and gated communities have already been implemented and continue to be developed in the area.

The combination of access, sunny exposure, proximity to the city and a sense of spaciousness makes the location particularly suitable for:
• boutique residential complex;
• row houses;
• single-family houses;
• low-rise residential development;
• a combined project with residential and service functions.

At the same time, the zoning zone also allows for the development of various low-intensity business functions, which provides additional flexibility and long-term potential for the investment.

Property parameters
Regulated land property:

• Area: 5,700 sq m;
• Status: Urbanized territory;
• NTP: Undeveloped property;
• Building density: 50%;
• KINT: 1.5;
• Minimum green area: 35%.

Neighboring property:
• Area: 2,000 sq m;
• Status: agricultural land.

It is important to note that at the moment only one property is regulated, which already provides a solid basis for the development of the project. There is a real and logical prospect for future development of the neighboring property, which further increases the potential for scaling and added value over time. There is also an opportunity to further increase the area.

Location with real advantage
One of the strongest advantages of the property is its location.
Within Sofia, it is increasingly difficult to find land that simultaneously offers:
• direct proximity to the Ring Road;
• quick access to different parts of the city;
• lack of heavy inner-city traffic;
• tranquility and a sense of space;
• good environment for residential development.

Access is convenient and fast, without daily time wasted at traffic lights and busy inner streets - an advantage that is increasingly important when choosing a place to live.

The terrain is sunny all day long and does not fall into a drought zone - a factor that has a real impact on both the quality of life and the overall value of the future project.

Infrastructure and communications
• Electricity in the immediate vicinity;
• Water in close proximity;
• Good transport accessibility;
• Developing residential environment;
• Potential for a stand-alone complex with limited access.

Similar properties with a combination of regulation, location, sunny terrain and potential for residential development appear extremely rarely on the market around Sofia.

Viewings
We are ready to organize a viewing of this property at a time convenient for you. Please contact the responsible estate agent and inform them when you would like to have viewings arranged. We can also help you with flight tickets and hotel booking, as well as with travel insurance.

Property reservation
You can reserve this property with a non-refundable deposit of 2,000 Euro, payable by credit card or by bank transfer to our company bank account. After receiving the deposit the property will be marked as reserved, no further viewings will be carried out with other potential buyers, and we will start the preparation of the necessary documents for completion of the deal. Please contact the responsible estate agent for more information about the purchase procedure and the payment methods.

After sale services
We are a reputable company with many years of experience in the real estate business. Thus, we will be with you not only during the purchase process, but also after the deal is completed, providing you with a wide range of additional services tailored to your requirements and needs, so that you can fully enjoy your property in Bulgaria. The after sale services we offer include property insurance, construction and repair works, furniture, accounting and legal assistance, renewal of contracts for electricity, water, telephone and many more.


Location

This is the approximate location of the property. Please get in contact with us to learn its exact location.

Contact

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