Nike Investment Group Turns The First Sod on Central Life City Estates

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Nike Investment Group turned the first sod on Central Life City Estates today. The project envisages the construction of a residential building with shops and underground garages on Tzar Simeon Str in Sofia.

The symbolic turning of the first sod was performed by Rosen Krastev, chair of the company's Board of Directors and architect Yancho Angelov, CEO of CREART studio, which was responsible for the project design.

Central Life City Estates will have a total built-up area of 4,030.92 sq.m, on which Nike Group will build 27 residential units and 4 shops, the company told Profit.bg.

The base selling price for apartments starts at 1,500 euros/sqm depending on the type and stage of development. The end price will be individually calculated for each unit. Each apartment is sold together with a garage, a storage area and a corresponding share of the common area. 60% of the apartments are already sold.

The shops will be rented out, the company currently does not intend to sell the commercial space.

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