Afton Braes

Apartments for sale in Sofia. Afton Breas is located in the north inner city close to the central train station and 10 mins walk from the city centre. It has 9 underground parking spaces and 12 further outdoor parking spaces at the rear. There are 3 retail units and 21 apartments. This development is literally around the corner from our recently completed Budapest Building and is in a prime location for rental income potential.

Description : Sofia,the Bulgarian capital city was born 3,000 years ago inthe green embrace of the Vitosha Mountain. Today, Sofia is a cosmopolitan city. Like any other European capital it is the hub of the country's political, business and cultural life, the center of various international events.

There are many theatres,an Opera,an Operetta, concert halls, cinemas, museums and galleries. Sofia offers an excellent opportunities for international congresses, symposia,meetings,conferences and fairs.Special business centers and deluxe hotels are in the proximity of the bustling city center.

The five,four and three-stars Sofia hotels offer good conditions for business ,rest and entertainment. Tranquillity seekers can choose from among the numerous small private hotels in Sofia's suburbs and enjoy excellent service in addition to home comfort and traditional Bulgarian hospitality.

Shopping in Sofia is quite an experience. Shining shops offer design clothes, small antique shops ,private art galleries displaying icons, modern art and jewels,music shops (CDs and cassetes) and shops for traditional crafs feast the eyes.

Most restaurants in Sofia serve European and Bulgarian cuisine. A visit to a tavern is a must. They entertain with folk music,songs and dances in addition to a menu of delicious typically Bulgarian dishes and choice drinks.

Each night in Sofia is a thrilling experience. An option is a concert,opera or theatre.Jazz and rock clubs or piano bars are also there.Disco fans will find Sofia discos as good as any in Europe.Night clubs have variety shows in the small hours.Casinos in Sofia don't close before dawn.

Sofia is also the country’s financial hub, home to the Bulgarian National Bank, the Bulgarian Stock Exchange, as well as some of the country’s largest commercial banks (such as HVB Bank Biochom, Bulbank, Allianz Bank, Piraeus Bank and the United Bulgarian Bank).

Sofia is the major centre of Bulgaria’s economic life. The manufacturing sector of the economy, represented by over 800 large manufacturing plants, includes metal products (75% of the total output in the country), textiles, rubber and leather goods, printing (50% of output) and electronics (15% of output).

Construction, trade and transport are other important sectors of Sofia’s booming economy. As an investment destination, Sofia is attracting more and more attention as an outsourcing location for Western European and American multinationals. Sofia is the headquarters for a large and growing number of major Bulgarian and international companies operating in Bulgaria and Eastern Europe.

Bulgaria’s capital is also home to Sofia Business Park, a major European business centre comprising over 200 multinational companies and employing in the region of 2,000 employees. As the 15th largest city and fastest growing economy in the European Union, Sofia has recently witnessed an unprecedented rise in demand for high quality apartments to house its ever increasing workforce. This has lead to a booming real estate market with prices doubling over the last 5 years. Prices are expected to continue to rise at a rate of between 15% to 20% over the next five years. Unemployment is low at about 2.5% compared to the Bulgarian average of 8.9% and also to European levels where it is roughly 10%.