Land Developers Company for Sale in Sofia, Bulgaria

The business is a land and real estate developer, which has already sold several plots in the same area. The approved investment projects are in an area with favourable climatic factors, a unique combination of the thermal mineral water resources with close proximity to Borovets International Resort and Sofia, where the natural and historical sights provide a potential for year-round tourism, recreation, and sport.
Business model includes both a partnership with a construction company and direct sales to clients. The main focus is on house projects that facilitate the transition from traditional to sustainable construction methods. The houses are engineered for quick installation – up to 3 months, offering superior thermal properties at competitive prices.
Investment project key features:
A. Houses and land: The project involves the construction of 7 ecological houses with a total living area of 840 sq. m. located on 6,000 sq. m land. All plots can be built and sold individually.
B. Documentation: All necessary building permissions and approval documentation are in place, enabling fast construction and efficient sales process. Houses will have energy efficiency certifications.
C. Location: The land is situated in the outskirts of the Rila and Sredna Gora mountains, with great panoramic views of picturesque landscapes. The plots are located about 70 km southeast of capital Sofia and there is all year access via A1 motorway. Mineral springs are one of the special characteristics of the region. The plots are nearby to several well-known spa resorts for rehabilitation and recreation and very close to Borovets international ski resort.
D. Financials, profitability and timeframe:
- Construction cost per house (excluding land): circa €110,000.
- Total costs for 7 houses and land: circa €1.1M.
- Projected return on investment: 25% for a quick sale with a possibility to rise up to 40% due to the vibrant local market.
- Timeframe: less than one year for construction and house sales.
E. Business prospects: After the successful completion of the current investment project, the business can scale up operations, targeting the construction and sale of another 10-20 houses in the same area.