Investment plot in Simeonovo district

€2,072,500
Sofia, Simeonovo

Overview

  • 4,145
  • Property Size
  • 193
  • Listing ID

Description

Agenzia is exclusively presenting a unique opportunity for a real estate investment in one of the most sought-after and rapidly developing areas of Sofia – Simeonovo neighborhood, Shumako area. The property offers excellent potential for a 7-unit development single-family homes, combining tranquility, open spaces, and panoramic views of Vitosha Mountain and the city.

Location:

  • Simeonovo neighborhood, Sofia
  • An area with established residential development and new construction
  • Quick access to downtown and the Beltway
  • In close proximity to projects that have already been completed and successfully sold

Property Features:

  • A plot of land comprising 7 UPI
  • Suitable for building a gated community of 9 single-family homes
  • Detailed Development Plan (DDP) in effect
  • A design permit is pending issuance
  • Electricity and water are available approximately 100 meters from the property
  • A gentle slope that allows for attractive architectural designs and maximizes the use of the site

Possibility of consolidating a total of 4,125 square meters across 7 parcels with the following identification numbers:

• 68134.2042.123 (632 sq. m.)

• 68134.2042.124 (632 sq. m.)

• 68134.2042.125 (632 sq. ft.)

• 68134.2042.126 (335 sq. m.)

• 68134.2042.127 (632 sq. m.)

• 68134.2042.128 (641 sq. ft.)

• 68134.2042.129 (641 sq. m.)

Technical specifications:

  • KINT – 0.5 (according to the current Detailed Urban Plan)
  • Cornice height – 7.5 m
  • Building Density: 20%

Development potential:

The site is suitable for a modern residential development with a total gross floor area of 2,000 square meters.

A possible design for each house:

  • A semi-basement level with garages, a fitness center, a spa area, and utility rooms
  • Spacious living area with a kitchen, dining area, and bathroom
  • Three bedrooms and two bathrooms on the second floor
  • Option for a rooftop terrace or a partially enclosed space on a flat roof

A key advantage of the project:

One of the property's greatest strengths is that each house can have a significantly larger private yard compared to most new complexes in the area.

While many existing projects feature yards ranging from 200 to 250 square meters, here future owners will enjoy spacious private areas that create a true sense of home and enhance the value of their investment.

Suitable for both real estate investors and developers, as well as for companies seeking land to develop a boutique residential complex in the premium segment of Sofia, as well as land for sports facilities.

The price of the property does not include VAT.

Listing Id: 193
Price: €2,072,500
Property Size: 4,145
Property Status: 1

Address: Sofia, Simeonovo
Country: Bulgaria

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Michaela Georgieva
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