Belgian Maison Creative to complete its first project in Bulgaria
18 April 2008
Belgian developer Maison Creative will complete by the end of April the first four houses in its Teres luxury residential community near Plovdiv, Southern Bulgaria. Once the first four houses are finished, the developer will begin work on another 22. The project, with estimated cost at EUR 8 to 10 million, will deliver 68 villas in total when it is completed in three years' time.
The Teres housing compound is located in the land area of the village of Radinovo, some 6 km from Plovdiv, Bulgaria's second largest city. All the necessary road, sewerage, electric, gas and communication infrastructure is already in place.
Some of the Teres houses pay homage to Mediterranean villas while others are in the style of traditional Bulgarian architecture.
Radinovo has seen an influx of major industrial investment over the last 7-8 years with manufacturers like Liebherr, Socotab and Schneider Electric moving into the area.