Residential land in Simeonovo district

Galardo Real Estate presents a package of eight regulated land plots in the northern part of Simeonovo district – an established and fast-developing area with a limited supply of new parcels. Тhe plots are adjacent, each with its own regulated plot status (UPI), suitable for residential development of single-family houses. The biggest plot has an area of 1,847 sq m. and can be separated.

The properties are free of encumbrances, with an approved and effective Detailed Development Plan (DDP) and regulated street access, allowing for immediate planning and execution of a residential project—either detached houses or a low-density gated residential complex with high added value.

The location offers excellent accessibility and visibility, just 500 meters from Sofia Ring Mall and IKEA, with direct connections to the Sofia Ring Road and Simeonovsko Shose Boulevard. The area benefits from existing and planned infrastructure, expropriated streets, and sustained demand from end buyers. Nearby are sports facilities, green areas, and an approved project for a new municipal kindergarten.

An asset with strong investment potential, suitable for both long-term positioning and development with a fast market exit.

Key parameters:

• Total area: 5,992 sq.m
• Zoning: low-density residential (up to 10 m height)
• Building coverage: 15%
• FAR (Floor Area Ratio): 30%
• Minimum landscaping: ≥70%

Infrastructure

• Access via a regulated public street
• Electricity and water supply: ~100 m
• Gas and fiber-optic networks: ~200–250 m

Advantages

• Ready to develop – approved DDP and regulated street access
• Prime location – 500 m from Sofia Ring Mall & IKEA, direct access to main roads
• Amenities nearby – sports facilities, green areas, planned kindergarten
• High investment potential – limited supply, strong buyer demand
• Flexible development – detached houses or low-density gated complex