Fri, Feb 10 2012
Soon enough, a mock-up medieval castle, somewhat mimicking the style of Las Vegas, will meet and greet travellers in the Veliko Turnovo region. Spread over a land plot of 0.4 ha within the territory of the village of Arbanassi, this road-side attraction will feature a spacious restaurant and a lodging facility, Stroitelstvo Gradut reported.
The project has been designed by local architectural office Arhmaster - Veliko Turnovo and main architect Plamen Ivanov; investor is Kaloyan VT Ltd.
In the spirit of an old castle, the building's edges are flanked by turrets. The path leading to the main gate passes over a wooden draw bridge over a moat with running water, for decorative purposes.
The envisioned restaurant Attraction will feature a multi-functional hall with 384 main room and 60 additional seats. All seats are organised amphitheatrically, encircling a stage in the middle. Natural lighting will stream down from a large skylight in building's roof.
In addition to the restaurant, there will be a hotel facility with a total of 28 beds. For the convenience of all customers, the building will have an adjoining parking lot with 36 stalls.
The Attraction will open doors in the fall.
Average market prices of homes in Sofia fell by one per cent in the fourth quarter of 2011 compared to the same period of 2010, according to the Raiffeisen Real Estate Index, as quoted by Klasa daily.
Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.
Nearly all banks are ready to finance between 80 per cent and 90 per cent of the price of a home, provided it is a good building in a large city, Bulgarian daily says.
Property prices in Bulgaria were five to 10 per cent lower in 2011 than in 2010, while initial estimates for this year are that they will remain largely unchanged, with transactions remaining at ‘crisis levels’.
Bulgaria’s capital city Sofia ranks 17th, report says, quoting Global Property Guide.