For Sale for Sale

Office Building

Sofia, Tsarigradsko shouse Blvd.

ForFor Sale

Parameters:

Office Building, Class А

TBA: 21 000 sq.m., distributed between: • 13 500 sq.m. office space; • 7 500 sq.m. parking space

Plot size: 2 500 sq.m.

Floors: • 10 floors above ground; • 4 underground levels.

Price: EUR 31 000 000

Contact information: Evgeni Atanasov 26A Rayko Aleksiev Str. 1113 Sofia, Bulgaria Mob: +359 898 542 930 Mob: +359 884 924 640 [email protected] The information contained herein has been given to us by the owner of the property or www.plazaproperty.eu other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. OfficeOffice BuildingBuilding Tzarigradsko shousse Sofia, Tsarigradsko shouse Blvd. Sofia, Bulgaria

ForFor Sale

Parameters:

Location: Tzarigradsko shosse Blvd. - 4th kilometer, between Military Complex and Rodina Complex

Sofia, Tsarigradsko shouse Blvd.

ForFor Sale

Sofia, Tsarigradsko shouse Blvd.

Project Information

Location

The Lot is located on Tsarigradsko Shose - the largest and busiest Boulevard in Sofia. Tsarigradsko Shose is Sofia’s primary East-West boulevard and runs directly from Parliament center-city to the Sofia Airport and Business Park Sofia access roads, and then continues on out to the Sofia Beltway. A short distance beyond the Beltway, Tsarigradsko Shose turns into Bulgaria’s primary westbound motorway, leading to Plovdiv and the Black Sea, with a Southwestern spur leading to Istanbul. The Lot itself is located next to a large new shopping center being developed by Carrefour which is currently under development. The Carrefour shopping center will total 68,250 m2 and will be anchored by a 8,250 m2 Carrefour mega-market located directly on Tsarigradsko Shose.

Stage

All architectural & Engineering planning and development work has been completed and a full construction permit for the project. Improvements to the building’s exterior design and internal functionality are currently being conducted by the famous Israeli architect Gidi Bar-Orian. The redesign is being conducted within the framework of the existing construction permit. The purpose of these improvements is to create the most modern and most functional building in Bulgaria.

Sofia, Tsarigradsko shouse Blvd.

Tentative floor distribution: IV. Second floor ( level + 6.80 ): I.Basement ( level- 2,55m.): 1. Open space area – 209.90 sq.m. 1. Underground garage-315,80 sq m. 2. Office 1 – 26.20 sq. m. 2. Safeguarding- 13, 50 sq. m. 3. Office 2 – 28.30 sq. m. 3. Warehouse 9,50 sq. m. 4. Kitchen – 6.00 sq. m. 4. Electrical switchboard- 8.80 sq. m. 5. Archive room- 5.40 sq. m. 5. Switch-board room- 8.80 sq. m. 6. WC - 13. sq. m. 6. Technical room- 4,70 sq. m. 7. Staircase with elevator- 30.10 sq. m. 7. Staircase with elevator-24.10 sq. m. Total: 318.90 sq. m. Total: 385.20 sq. m. V. Third, forth, fifth and sixth floors are II. Ground floor ( level 0.00): identical with the Second floor. 1. Entrance-13 sq. m. 2. Lobby- 68.80 sq. m. VI. Seventh floor (level + 21.80): 3. Coffee-house – 28.20 sq. m. 1.Open space area – 209.90 sq. m. 4. Bank office -42.20 sq. m 2. Office 1 – 26.20 sq. m. 5. Conference room- 40.70 sq. m. 3. Office 2- 28.30 sq. m. 6. WC- 13.70 sq. m. 4. Kitchen – 6.00 sq. m. 7. Staircase with elevator- 31.00 sq. m. 5. Archive room- 5.40 sq. m. Total: 237.60 6. WC - 13 sq. m. 7. Staircase with elevator- 30.10 sq. m. III. First floor ( level +3.78 ): Total: 318.90 sq. m. 1. Open space area– 162.60 sq. m. 2. Office 1 – 12 sq. m. VII. Eighth floor (level + 24.80 m): 3. Office 2- 16.70 sq. m. 1. Office 1- 73.20 sq. m. 4. Kitchen – 6.00 sq. m. 2. Office 2- 38.40 sq. m. 5. Archive room- 3.30 sq. m. 3. WC - 5.90 sq. m. 6. WC- 10.90 sq. m. 4. Kitchen-1.70 sq. m. 7. Staircase with elevator- 30.10 sq. m. 5. Balcony - 199.70 sq. m. Total: 241.60 sq. m. Total: 241.60 sq. m.

Sofia, Tsarigradsko shouse Blvd.

Map of Bulgaria

Sofia overview

During the whole period of its existence as a capital of Bulgaria, Sofia proved to be the most dynamically developing territory of the country. This fact had its economic, political and social explanation. The extremely significant importance of Region Sofia in national and local aspect viewing its influence upon the entire economical and social development of the country is the reason why it serves as a "region of development", in compliance with the new Law for the Regional Development.

Demographics The whole Capital Municipality, with a population of 1,326,377 as of June 2006, had a population density of 917.8, by far the highest in the country. The city itself has a population of 1,203,680. Office Building

Sofia, Tsarigradsko shouse Blvd.

The population was declining by 4.3 per cent. However, considerable immigration to the capital from poorer regions of the country, as well as urbanization, are the reason Sofia's population is in practice increasing. The unemployment is significantly lower than in other parts of the country – 2.45% of the active population in 1999 and declining, compared to 8.97% for the whole of Bulgaria as of August 14, 2006 (also on the decrease). The large share of unemployed people with higher education, 27% as compared to 7% for the whole country, is a characteristic feature of the capital.

Location An important characteristic of the capital proves to be its high transport - communication accessibility in comparison to the rest regions of the country in national, regional and local aspect. It is determined by the concentration of point- and linear communications possessing local, regional and international importance. The following basic roads cross the region: The European trans-highway E5, the railway connections with Central, West, North and South Europe, the airport of Sofia, etc.

Created material basis for all sectors of the economy In national aspect, the significance of the city of Sofia is determined by its participation in the formation of 34.3% of the material production, 13.9% of the number of people engaged in the material sphere and 31% of the created production funds in the country. An extreme significance for the national economy show the spheres of communication /90%/, transport /77%/, trade /46%/ and building activities /45%/ developed in the capital city.

Tendency for investment attraction Data analysis shows that for the last few years there is an increase in the interest of foreign investors towards the economy of the capital city, which is a result from the radical structural changes. The amount of the foreign investments in all sectors of the capital economy equals to 582 992 thousand dollars and represent 42% of the total amount of the foreign investments in the country. At second rank is Varna - 16% and at third - Region Sofia - 11% of the total amount of foreign investments. Analysis of the sector structure of the foreign investment shows that greatest interest has been paid to the following sectors: trade - 31%, finances - 23% and services 13%. The greatest investors are: Germany, 163 million dollars - 28%; The Republic of Korea, 46 million dollars - 8%; Holland, 41 million dollars - 7%; Great Britain and USA, 39 million dollars each - 6.5%; Greece, 36 million dollars; Austria, 30 million dollars; Russia, 18 million dollars, etc.