0
Hello,
Favourite properties (0)
Saved searches
Selected for you
Notifications
Subscriptions
Settings
Sign out
Close

BULGARIA’S CAPITAL TO SEE THE CONSTRUCTION OF SEVEN SKYSCRAPERS

2007-05-04   |  Property Wise Magazine, 2nd May 2007

Sofia will see work on seven skyscraper projects in 2007, Standart daily reported. Sofia municipality already received the needed documents for the setting up of these projects and launched the procedures.

The majority of new developments will be part of already existing business parks. Two of the projects will be carried out in Business Park Sofia, one will be constructed in Mladost-4 residential district and one development will be set up in the area close to the Central Railway Station.

Another development still expects a construction permit. The skyscraper will appear on the place of the demolished Ropotamo restaurant.

A plot has been purchased for the construction of a similar project in Zaharna Fabrika residential district.

Receiving permit for such construction is timely, Standart reported. The procedure can last up to two years.

Finding a construction company to carry out skyscraper construction in Bulgaria is also difficult. High buildings turn out to be 30 to 50 per cent more expensive and their maintenance costs 40 per cent more than the one of an average construction.

As a result, companies willing to rent offices in Sofia’s skyscrapers should be ready for higher prices, the report said.

View Properties for Sale in/near Sofia



  Read more news

Share
Properties with video
Only on our website you will find a variety of properties in Bulgaria with videos. Don't waste time, view them online - on your phone, laptop or tablet, at a convenient time and without the need for an inspection trip and personal visit. Welcome for video viewings with BULGARIAN PROPERTIES!
See More
Looking for a Renovation Project in Bulgaria? 👇
You’ve just found the right place! BULGARIAN PROPERTIES offers a wide selection of affordable rural homes and renovation-ready properties across the country.

Whether you’re dreaming of a peaceful countryside escape or a charming village house to restore, we have great-value options — many under £10,000. Our team will guide you through the entire buying process and support you even after the deal is done.

Start your new chapter in Bulgaria with confidence and local expertise by your side!
See More

More News

Company news
BULGARIAN PROPERTIES Agents of June 2026

Summer is here, and the real estate market in Bulgaria continues to offer great opportunities for those who are well-informed and act at the right time!

May was a month of in-depth analyses and valuable market data, showing that the market is entering a more balanced phase. Buyers are becoming more cautious, supply is gradually increasing, and successful transactions increasingly d...

02 June, 2026
latest news
Sofia Housing Market in Q1 2026: Market report by BULGARIAN PROPERTIES

After two years of exceptionally strong price growth, limited supply and euphoria fuelled by the expected introduction of the euro, Sofia’s residential property market entered a new cycle in the first quarter of 2026.

The period was characterised by existing demand, but also by more moderate activity, as buyers and sellers reassessed their behaviour.

The market began ...

26 May, 2026
latest news
Foreign Demand in AI Searches: What 15,000 Real Searches Reveal About Property Buyers in Bulgaria

The first quarter of 2026 marks the beginning of a new stage in the development of Bulgaria’s property market, which is moving from a period of accelerated transactions in 2024–2025 into a phase of normalization, characterized by more mature and rational buyer behavior.

This shift is also visible in an analysis of nearly 15,000 real searches made between January and Ma...

22 May, 2026
Company news
BULGARIAN PROPERTIES Agents of May 2026 🌼

The market is rebalancing – and great results come with the right strategy!
April brought clear signals of a new phase in the real estate market in Bulgaria – a more moderate pace, more cautious buyers, and increasing supply. And yet, deals are happening across all segments when properties are positioned correctly.

In this more mature and competitive environment, our Agents ...

04 May, 2026

REQUEST DETAILS