The complex is located in the town of Bankya, which is located 15-20 km away from Sofia. The complex will be built on a 10,000-sq. m plot.
The main investor in the project is real estate development and construction company CL 2003, while the complex was designed by Sofia Plan Ltd.
The residential complex will be built in several stages. The first stage envisages the construction of 34 single-family houses each with a built up area of 210 sq. m. The second stage of the project will see the setting up of 8 double-family houses.
The construction of gated residential complexes, which are very popular in Western Europe and the USA, is picking up pace in Bulgaria recently.