ID: 217 | Apartment in Sofia

Amazing development in Sofia - great location - bargain prices!

White Flower Luxury Apartment complex comprises of 132 apartments and is located close to the centre of Sofia.

Key Features:
Balcony views of Mt. Vitosha
Amazing capital growth potential
Benefit from Sofia’s low unemployment rate as wages start to rise
Strategic location to Business Park, gondola and air-port

Whiteflower is a stunning 132 apartment building positioned over 9 floors in the Vitosha area, strategically located near Business Park Sofia and the ski-lift area. The development is completed since October 2006 thereby eliminating development risk.
Business Park Sofia is the fastest growing area in Sofia and the property is recommended for at least 3 to 5 years of ownership before resale. When the Business Park is completed, the value of residential property within easy reach of these attractions, will increase significantly.
The design and quality of White Flower will put it at the top of the list for rental accommodation in Sofia.
The location of White Flower gives it good access to the American embassy, Business Park Sofia and central Sofia. This will be a landmark building for Sofia and attract an exclusive market.

Retail areas
The retail areas are located on the lower first floor and the ground floor. At this stage there is a restaurant proposed for the centre of the retail area over these floors and three of the shops have been confirmed, a florist and two fashion stores. As the retail premises are let or sold, we will update this page.
The developer is in negotiations with two health chain companies, to decide which will have the contract for the fitness centre. Once this has been decided we can give more specific information as to any resident discounts and type of facilities being provided. It is expected that the fitness centre will contain a gym area and health spa, including massage and beauty therapy.
There are only 2-bedroom units left in the development – prices starting from 70 811 Euro.

Service charge

The administration of the whole complex including retail areas, common areas, parking and all green areas will be carried out by a property maintenance company. The contract is under negotiation at the moment and will contain the following services.

Administration.
• Maintenance and technical support of all systems and infrastructure within the complex.
• Landscaping and maintenance of all green areas and walkways.
• 24 hour, high level security. Guard patrol and cctv.
• Daily cleaning of all common areas inside and outside the building.
For these services it is expected to cost between 3-4 euros per square meter per annum.
For an average 2 bedroom apartment of 100M/2, it is expected that there will be a cost of between 300 to 400 euros per annum.