THE ZENITH, BULGARIA

Zenith-Subway
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Zenith _Bathroom-low res
Zenith Bedroom  _mountainview lowres
Zenith city view-lowres
Zenith Mountain View2

Phase II inventory is now available in Hong Kong

With strong economic momentum and increasing property prices, Bulgaria is being hailed as a key investment hotspot for savvy investors worldwide. Property prices in the capital city of Sofia increased by 6% in the first three quarters of 2015 versus the same period in 2014, possibly the most promising signal seen in Europe since the global financial crisis in 2008. The EU country currently enjoys strong trade figures as well as continuous foreign direct investment and a demand for quality housing – these signs suggest that Bulgaria’s boom is just beginning.

Euroterra Capital, a leading player in the investment and development market for residential and commercial property in London, Bulgaria and Greece, has launched The Zenith, a private residential community in a prestigious area of Sofia. The luxurious development is the first of its kind to be available to Asian investors and comes with a 35% rental yield guarantee for the first five years. The developers can help investors enter into a finance option for up to 85% of the value of the property they purchase and also access a fast-track immigration scheme for those seeking an EU passport in just two years by investing €1 million.

THE CITY OF SOFIA

As the political and economic centre of Bulgaria, Sofia represents a significant proportion of the country’s GDP and has a collection of tourist attractions including ski resorts, outdoor pursuits, as well as some of the most symbolic buildings of the 20th century. With an international airport, state-of-the-art transportation system, well-designed commercial buildings and a host of shopping malls, Sofia is already considered one of the standout cities in Europe.

BULGARIA / CHINA PARTNERSHIP

Trade between Bulgaria and China is particularly prosperous, making The Zenith an attractive option for Chinese investors looking to strengthen their ties with Europe. Several Chinese giants have already setup subsidiaries or even regional headquarters in Eastern Europe and in addition to its convenient location in the centre of Europe, Bulgaria also has the advantage of having the region’s longest standing relationship with China. It also enjoys a low corporation tax rate of only 10%. The high tides of capital and technical investments from China amounted to €234 million in 2014, almost four­fold in comparison to €59 million in 2012. The proportion of foreign investments also rose significantly from 14% in 2012 to 43% in 2014.

THE DEVELOPMENT

Located at the foot of the Vitosha Mountain, The Zenith is situated in Boyana, the most preferred residential area in the capital city of Sofia. Surrounded by magnificent nature and a sense of calm from the mountainous setting but offering convenient access to major roads and public transportation, The Zenith is the perfect balance of city and country living.

Designed and constructed with the highest quality materials, The Zenith comprises of 22 semi­detached 3­storey townhouses from 1,200 square feet in size – all of which include two bedrooms, a separate storage, a private garage and concierge service. Prices start at just €208,000 (HK$1.75 million) which equates to approximately HK$1,400 per square foot. The estimated completion date for this development is the fourth quarter of 2016.

EVENT IN HONG KONG

With phase one of the development now sold out, Euroterra has recently announced the project’s second release of inventory and they will be holding an event in Hong Kong to discuss the investment opportunities available. They will also be hosting a Property Investment Seminar each afternoon. Event details are as follows:

DATE: 14-15 November 2015 (Saturday & Sunday)
TIME: 11:00am – 7:00pm each day
SEMINAR: EU Property Investment – 3:00pm each day
VENUE: The Excelsior Hotel, 281 Gloucester Road (3rd floor)

RSVP FOR EVENT

To RSVP for this event or to arrange a private meeting with the developer during their Hong Kong visit, please contact us at member@thereserve-asia.com.

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16/F Chao's Building  |  143-145 Bonham Strand  |  Sheung Wan  |  Hong Kong
T: +852 33620 3157  |  F: +852 3753 1811  |  thereserve@infonation-asia.com  |  Data Policy  

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