Investment plot in Simeonovo district

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—the Simeonovo neighborhood, in the Shumako area. The property offers excellent potential for a project consisting of 7 single-family homes, combining tranquility, spaciousness, and panoramic views of Vitosha Mountain and the city. Location: Simeonovo neighborhood, SofiaAn area with an established residential environment and new constructionQuick access to the city center and the Ring RoadIn close proximity to already completed and successfully sold projectsProperty characteristics:A plot comprising 7 regulated land parcels (UPI)Suitable for the construction of a gated community of 9 single-family homesApproved Detailed Urban Plan (PUP) - Detailed Development PlanDesign permit to be issued shortlyElectricity and water approximately 100 m from the propertySlight elevation change, allowing for attractive architectural solutions and maximum utilization of the land. Possibility to combine a total of 4,125 sq. m across 7 plots with the following identifiers:• 68134.2042.123 (632 sq. m.)• 68134.2042.124 (632 sq. m.)• 68134.2042.125 (632 sq. m.)• 68134.2042.126 (335 sq. m.)• 68134.2042.127 (632 sq. m.)• 68134.2042.128 (641 sq. m.)• 68134.2042.129 (641 sq. m.)Planning indicators: Floor Area Ratio (FAR) – 0.5 (according to the current Detailed Urban Plan)Eaves height – 7.5 mBuilding density: 20% Development potential: The site allows for the realization of a modern residential project with a total gross floor area of 2,000 sq. m. Possible concept for each house:A semi-basement level with garages, a fitness center, a spa area, and utility rooms; a spacious living area with a kitchen, dining room, and a bathroom; three bedrooms and two bathrooms on the second level; option for a rooftop terrace or a partially glazed space on a flat roof. Key advantage of the project:One of the property’s strongest features is that each house has a significantly larger private yard compared to most new developments in the area.While in many existing projects the yards range from 200 to 250 sq. m., here future owners will enjoy spacious private areas that create a sense of a true home and increase the value of the investment.Suitable for both real estate investors and developers, as well as for companies seeking land to develop a boutique residential complex in Sofia’s premium segment, or land for sports facilities. The property price does not include VAT.