The real estate market in Sofia is currently shaped by two key factors. The first is the growing demand which results in rising apartment prices and scarcity of parking spaces, recreation areas, and kindergartens. The second factor is higher customer demands - while property buyers used to be content with almost anything less than 5 years ago, they are now extremely pretentious in terms of location, amenities, and most of quality.
However, many property investment projects in Sofia have failed to consider these factors when planning apartment complexes which further limits the possibilities of customers to choose a property which fully meets their expectations. A growing number of successful professionals who are willing to pay a justified price for a long-term residence or investment as long as it meets their requirements. The most essential among these requirements is high quality - a Sofia apartment is not worth buying unless it can prove to be a genuine long-term investment. Convenient location and amenities are also vital for customers.
It may sound like a paradox, but few building investors have actually realized the need of creating something new and different. The pioneer in this initiative is City of Fountains, an ambitious project envisaged by the real estate investment group Karrat Group Ltd. City of Fountains is the first Sofia apartment complex which aims to offer all modern facilities and amenities, as well as the top quality buyers require.
The residential complex is conveniently located in Mladost IV Residential Area, less than 400 m away from Business Park Sofia, where most big international companies located in Bulgaria have their seats, as well as in close proximity to a number of hypermarkets, cinema and retail centres. It will also provide quick access to the Vitosha Mountain, which is a Sofia landmark and a favorite recreation place.
Besides its excellent location, the future complex boasts a wide array of amenities, including a large SPA and fitness centre, swimming pool, on-site kindergarten, business and retail complex. City of Fountains will be particularly remarkable with the fountains running throughout its grounds as well as with its vast green areas.
The most remarkable feature of the residential complex is the unique quality, much higher that of ant apartment complex in Bulgaria. Top quality construction materials will be used in the project's realization, and a special maintenance company will continue to operate after it completion to ensure that the original high standard is preserved intact. Thus City of Fountains aim to provide more than a mere living space - it is designed to provide comfort, convenience, and guarantee to the most successful property and investment seekers.
