Marina Cape Complex Opens On August 10

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Marina Cape Complex Opens On August 10

The opening ceremony of zone 1of Marina Cape will take place Friday, August 10, Nikolay Mayster, investment consultant in Intercapital Property Development REIT told profit.bg.

The complex comprises 330 apartments with a total built-up area of 31,000 sq m. „Two thirds of the apartments have already been sold, and 90% of the new owners are foreigners,“Mayster also said.

He also said the price for the apartments in zone 1 is 1500 euros/sq m, and in zone 2 it is between 1100 euros and 1300 euros/sq m.

At the beginning of the year the fund acquired a neighbouring parcel and is already developing the second zone of the complex on its territory.

„We are currently finishing the construction works there. They will be temporarily put on hold for the day of the opening ceremony“ Mayster pointed out.

12 shares of the REIT have changed hands so far today on the BSE at 8.20 leva. Currently bids are at 8.06 leva and asks at 8.20 leva.

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