The residential complex is situated at the foot of Vitosha mountain, in the residential quarter of Knyazhevo. It has developed built-up area of 35 000 sq m and has been developed on a plot of 8 000 sq m. The complex has wonderful view towards the Vitosha Mountain and the peak of Kopitoto. In immediate proximity to the complex is the main street of Tzar Boris III reaching the downtown; also Nikola Petkov Blvd and situated the 26th Comprehensive High School. Around the complex a ring road is anticipated which will provide access to the underground parking lot and the inner yard site.

The ensemble of nine separate blocks having various numbers of floors shapes the inner yard with entrances from three parts - south, south-east, and north-east.

The first two levels of the complex are offices and retail shops. There is overall commercial center, servicing the residents of the region.

The total number of the apartments is 20 (twenty). There are one-bedroom apartments from 45 sq m to 74 sq m, compact two-bedroom residential sites of 79 sq m, spacious one-bedroom apartments with an area from 88 sq m to 100 sq m, and luxurious three-bedroom apartments with area of 130 sq m. They will be heated by natural gas.

The inner yard site is developed over underground parking lot, which is situated at two levels and provides 120 parking places and 120 separate garage cells.

The completion of the whole complex is planned for April 2009.

SCOPE AND TYPES OF BUILDING AND CONSTRUCTION WORKS AND DEGREE OF COMPLETION

1. Community parts:

All community parts are entirely completed – entry hall, on the staircase parapets and grounds - granite tiles; mounted lighting fixtures, mounted main electric switchboard, and set in operation, and supplied by electric power block; supplied facilities and equipment for elevator and set in operation after moving of the owners; mounted bell and intercom installations, installed lines and options to set up subsequently cable TV and Internet. The walls and the ceilings of the community premises are delivered on ground coat and latex (white in colour). Externally the building is heat insulated in compliance with the heat-exchange feasibility study and processed by decorative structural stucco-plaster, in compliance with the worked out architectural project. There is developed external network of gas-supply system. Mounted metal entry gate of the block with lock. Roof structure - furnished with heat insulation of the last slab. Vertical planning – performed sidewalks, access paths, and landscaping.

2. Sites:

Apartment: cement putty of the floor, walls and ceiling - ground coat, supplied with aluminium profiles and corner profiles at all problematic zones, bathrooms and toilet premises: only stucco-plaster, terraces on terra-cotta, joinery-work - windows PVC, glass-package, entry door - made of metal, laminated, with combination lock, interior doors - MDF. Performed heating and ventilation installation, central heating. Performed electric installation and mounted electric apartment switchboard and outputs to console switchboard. Performed water supply and sewerage network, by polypropylene and PVC, and mounted water-meters. Feasibility to coupling and installation of cable TV and computer network, developed intercom and bell installation. Performed gas-supply installation, without boiler and debit-meter.

Payment plan:

• First instalment (advance payment), comprising 30% of the total price - within 7 (seven) days after the execution of the preliminary contract.
• Second instalment - 50% of the total price in the amount - upon completion of level top of roof of the corresponding block.
• Third instalment - 10% of the total price in the amount - upon issuing of Act No.15 of the corresponding block.
• Fourth instalment - 10% of the total price in the amount - upon issuing of Act No.16 of the corresponding block.