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What Crisis?

Despite the global financial crisis, construction commenced this week on a new gated complex in the capital, Sofia. The inauguration of the work was attended by the Minister for Regional Development and the Director of Technoexportstroy.

The complex comprises 41 detached houses, with double garages, and is close to the Business Park and Vitosha mountain.


Materials used in the construction process will include natural woods and stone so that the whole is in harmony with its natural surroundings.

"Despite the global economic recession, and the expectations for hardship in selling real estate we have decided to go ahead with this complex. We expect great demand because of its prime location and functional characteristics", Emil Kotsev declared.