Karrat Group Invests in a Breakthrough Sofia Residential Complex

The real estate investment company aims to offer something completely different from everything which is currently available on Bulgaria’s property market.

Sofia, Bulgaria, January 09, 2008 --(PR.com)-- The real estate investment company Karrat Group is currently implementing an ambitious Sofia real estate project named ‘City of Fountains’, to be completed in early 2009.

City of Fountains is a multifunctional complex with 18 residential buildings, 2 Class A office buildings, and various amenities. Its total area will be 35 230 m2. The main aim of the project is to provide Sofia’s home seekers and property investors with something markedly different from everything that has been done before in Sofia.

The complex is located in Mladost 4 Residential Area, only 400 m away from Business Park Sofia, the city’s largest office and business complex housing almost 200 companies, numerous restaurants, the Arena Cinema Complex and several hypermarkets. It has excellent transport connections to Sofia’s city centre and to the Vitosha Mountain (a favourite destination for skiing, hiking, and recreation for the citizens of Sofia), and is also conveniently close to Sofia Ring Road, which ensures easy access to other parts of the city and the country.

The buildings in City of Fountains will be surrounded by vast recreational green areas whose design has been prepared by a leading international company with the purpose of creating a unique style for Bulgaria and uniting the separate elements within the complex. A remarkable feature will be the fountains, something new for a Sofia real estate project. In order to ensure that the original high quality and standard of the complex are preserved, a management company will start operation after the project is completed.

Besides the high quality, comfort, and excellent location, City of Fountains will also offer unrivalled amenities, carefully selected by the investors to meet the daily needs and demands of today’s successful professionals and families. There will be a large fitness and spa centre, a swimming pool (covered in winter and open in summer), various sports facilities, an on-site kindergarten, an apart hotel, restaurants and cafes, as well as a big retail centre with a supermarket and various shops.

The residential complex will be comprised of a total of 750 apartments with area ranging from 45 to 200 m2. As of 10th September 2007, investment packs of the projects have been available for sale at special promotional prices.

Karrat Group EOOD
John Adam
00359 2 974 2750