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A man from Varna is going to build up the highest skyscraper

27.10.2008

A man from Varna is going to build up the highest skyscraper The building will build up of 160 meters at the entrance of the capital, and investment will exceed 40 million Euro. Prices of apartments will grow in geometric progression on the top floors.
Varna entrepreneur and lecturer at the University of Economics Prof. Tsvetnen Tsvetkov intends to build the highest skyscraper in Bulgaria. The building will be 160 meters high and will rise up from Botevgradsko road to the entrance of Sofia, announced century businessman for "National Affairs.
According to his calculations investment will exceed 40 million.
“I hope to start construction license to one year. Currently only in Sofia has at least 30 requests for visas for Skyscrapers”, said Tsvetkov. According to him, there is no norm order in the building skyscraper sector till now.
Businessman believes that the construction of high buildings will become more popular, and entrepreneurs will operate on the principle that is not prohibited is allowed. In his words in Varna construction of the first Skyscrapers probably will start in 2 - 3 years.
Varna skyscraper in Sofia will be 48 levels. There will be offices, hotel and homes. From 80th meters up prices will rise in geometric progression. It will offer apartments an "second home", but their use will be for business people, not the family nest.
The financial crisis will not affect the construction industry in Varna and Sofia, because these 2 cities is always beneficial to build, predicts Tsvetnen Tsvetkov. According to him the property’s prices in the sea capital will jump by about 20% next year.
In connection with the global financial crisis the chairman of the National Association Real estate Lachezar Iskrov said that is possibly the part of companies for real estate to withstand stagnation. He explained however that this risk is in full force and for the professionals with experience in the field.

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Probably the best estate agent in Bulgaria. As a recently married couple looking to give up the grind of 8-6 mon-fri rat-race lifestyle... but without enough money to actually do so at home in the UK. We have always been adventurous, but after watching the series ‘Ben Fogle: New Lives in the Wild’, the idea of just quitting our jobs and moving away to start something completely new, suddenly seemed very doable. We turned to the internet for answers and based on the budget we had and the lifestyle/climate we were looking for, Bulgaria seemed to be the place for us. So after hours of trawling through websites, and countless emails back and forth with various estate agents throughout Bulgaria, it quickly became apparent that there is a lot of choices out there and ‘viewing trip’ was in order to see it for ourselves. We booked some tickets and flew over to see how it could be possible to buy a whole house for less than your standard deposit back home. In order to view some of these properties, in the beginning, we were in talks with a number of different agents and even a lawyer!, but the only person who actually seemed to care about helping us find our dream home that was right for us (and not about taking our money), was a lady called Kiki from BulgarianHouse.com. So after coming home, now with a better understanding of what your money can buy, the different things to look out for and the vastly different regions of the country, we asked Kiki to assist us with our search. With this newfound knowledge and her help, we quickly condensed a list of 30 potentials down to just 2, and then after Kiki did some investigation into the legal side of both the properties, we made our choice. When it comes to customer service, she helped us every step of the way, from suggesting houses that offered what we were looking for to guiding us through the legal process and completing the sale. She has consistently delivered on her promises and has always been just a phone call or message away - Which actually helped alleviate a lot of the possible anxiety linked to buying a house in another country… Not to mention choosing to do right in the middle of the Brexit negotiations. To be honest, the whole process has been a breeze with her help and I would certainly recommend her and BulgarianHouse.com to anyone who is looking to do the same. Now the sale is complete and the house is ours, we couldn’t be happier and plan to take the leap in the new year. Thank you for all your help Kiki Tia and Lee

— Lee and Tia, United Kingdom