Released on: November 8, 2007, 2:31 am

Press Release Author: cityoffountains

Industry: Real Estate

Press Release Summary: Top-class project to stand out against Sofia's skyline

Press Release Body: The real estate investment company Karrat Group Ltd. is working
in close collaboration with Colliers International and some of Sofia's biggest
construction and design companies to implement an ambitious project called "City of
Fountains", with which it aims to change traditional apartment building conventions
in Sofia and create the first up-market complex of its kind. #
"City of Fountains" will be located in Mladost IV Residential Area, in the south of
Sofia. The main theme of the top-class project will be the fountains running
throughout its grounds - unique for Sofia apartment complexes. The focus of high
quality life-style will be rendered in several ways. In terms of design, the
apartment complex will have unique architecture and interior design, especially
created for comfort and relaxation, enhanced by an extensive recreation park area in
which the complex is set.
To the peacefulness and superb design of the residential premises will be added the
convenience of multiple sports facilities, including a large Spa and fitness centre
and a swimming pool, a significant retail and area and an on-site kindergarten for
the children of residents of the complex and surrounding area. Two premium office
buildings will also form part of the project. "City of Fountains" is also
conveniently located only 300 m away from Business Park Sofia, the largest business
and office complex in the city where many international companies have located their
regional office, and in close proximity to Arena Cinema Complex, hypermarkets
Kaufland, Hit, and Technopolis, as well as many restaurants. Transport connections
to the city centre and suburban areas are conveniently close, as is Vitosha Mountain
and Pancherevo Resevoir, preferred weekend recreation destinations for the residents
of Sofia.
In order to ensure that the contemporary design and the original high standard of
this new Sofia apartment complex is maintained, a specialized property management
company will be responsible for the management of the completed project, organized
as a filial structure to the investor.
The partners of Karrat Group Ltd. in this ambitious project for the implementation
of the first top-class apartment complex in Sofia are some of the most influential
companies on the Sofia real estate market. The main contractor for the project is SD
Bocal-S, one of the leading construction companies in the capital. The design is the
work of Rumina AM EOOD, a company with proven success in real estate design and
architecture. Independent construction supervision will be performed by Consultant
Engineering Group, which is one of the 3 largest companies in this field in
Bulgaria. The consultant, also the exclusive sales agent for the commercial real
estate for "City of Fountains" is Colliers International, the worldwide affiliation
of independently owned and operated companies.


Web Site: http://www.cityoffountains.eu/

Contact Details: +359 2 971 7903