Bulgarian real estates

The investors “Soravia group” announced that fourteen months after the beginning of the project “Megapark” in Sofia, the rough structure is completed. The construction of the complex goes according to plan, and the installation of the sun protection facade is underway. The completion of the first phase of the project is planned for the summer of 2010. The total construction area of the complex is over 111 thousand square meters. The investment is over 100 million euro, provided from personal funds and bank credits. The architectural project was made by the Austrian bureau “Brunner/A&GP International”, and the executive company is another Austrian company – “Strabag”.

“Megapark” is located on the “Tsarigradsko shose” blvd., near the future government center. The business complex will offer 42 thousand square meters of high quality offices and 3500 square meters shopping grounds on the market. MBL, the Bulgarian representative of the international consultation company CB Richard Ellis, is the partner in office and shopping grounds renting. The complex will also have a business hotel and a conference center. The underground parking lot has two levels and a thousand places.

The offices are constructed to provide space for the average and big business on a single floor. The maximum open office area is 4000 square meters per floor. The office grounds feature raised double floors with hidden cabling, four-pipe modular conditioning system, sun protection facade, professional system for building management, fire-extinguishing system, independent energy source, 24 h. security shifts and camera control.

“Megapark” EOOD is part of the Austrian group “Soravia”. So far they have realized three business buildings in Bulgaria. One of them is “International business center”, rented exclusively by “Globul”. The other is “Soravia center”, which houses the headquarters of “Post bank” and “Europark”, the office of the vehicle parts company “Johnson Controls”, offices of UniCredit Leasing, LG and the mineral water “Devin”.

A new shopping center will open doors in Bulgaria’s Sofia by the end of this year and early 2010. Pearl Park Mall is located at the ring road of Sofia in the area near the boulevard “Cherni vrah”. The idea and the project belong to the company “Pearl 13″ and the financing is provided by “UniCredit leasing”. This will be the fourth mall in the capital, following the steps of “City Center Sofia”, “Mall of Sofia” and “Sky city”. This will be the first such center in the area of the ring road, a place for many ambitious projects.

Pearl Park Mall is almost completed, with finishing touches added at the moment. The owners are also negotiating with potential store partners. The mall sprawls over 9000 square meters divided into seven floors. According to plan, the mall should feature numerous shops, hypermarket, pharmacy, dry cleaning, photographer’s studio, beauty salon and spa center, fitness, playground for children, coffee shop, fast foods, panorama restaurant, bar, sweet shop, cinema, bookstore, gallery, offices, etc. The parking lot will have space for 300 cars.

The main advantage of the mall is it’s location near expensive neighborhoods with rich families that lack larger shops and entertainment nearby, explained from “Perla 13″.

Iberdrola Inbobiliaria, the real estate construction company of the Spanish energy giant Iberdrola received an approval for the construction of it’s project “Coral Beach Elite”, located on the territory of the municipality of Tsarevo in Bulgaria.

The approval includes the construction of a vacation resort sprawling over 236 645 square meters, with a luxurious hotel, apartment houses with 2500 apartments, trade zones, sport grounds, beach club and common grounds.

The village will have 800 meters sea outlet to the Coral Beach. The landscape plan features low buildings synchronized with nature in order to preserve the best visual equilibrium possible. Natural materials will be dominant in the construction of the village.

The road alleys will be 16 meters wide and will include special lanes for cyclists.

The project for “Coral Beach Elite” was developed by the architecture studio of arch. Stefan Dobrev, assisted by the Department for urbanization of the Harvard University.

Iberdrola Inmobiliaria will aspire to turn “Coral Beach Elite” into an exemplary vacation village in Bulgaria. The company will strive to cooperate with local businesses and unions during the development of the project. Thanks to their partnership with the municipality of Tsarevo, the complex will have all the necessary conditions to be a resort of highest quality covered.

Iberdrola Inmobiliaria is the branch company for real estates of the Spanish giant Iberdrola – one of the four largest energy companies in the world. Iberdrola Inmobiliaria offers a wide variety of products – houses, vacation complexes, offices, industrial areas, trade centers, etc.

The company manages a total of 245 000 square meters of real estates in international projects located in Portugal, Mexico and Bulgaria.