"TOWER B" for sale

 

Project "Bosmal City Center"

 

Detailed description of the Project

 

Project is located in residential area of Sarajevo in municipality Novi Grad. This is a municipality with highest population in Sarajevo. This location is a very favorable location for residential area and main purpose of this project is building of residential apartments. This location, for tenants, provide convenient neighborhood in terms of kinder gardens, schools for children, playgrounds, distance location to working place. Even though this is not a prime location of the city we are of opinion that this location provides a very favorable environment for living.

Distance from this location to very downtown of city is 5 minutes by car or 15-20 minutes by city transport.

The project is somehow located in the mid of Sarajevo making it a close destination to any place of city.

 

Project is currently completed.

During the construction an accent was always given to the quality of the building. Only high quality materials are installed in the building and the building is made in the way to guarantee comfort and safety to its tenants/owners.

 

• BCC consist of:

  • three floors of underground garage space;

  • 5 floors of shopping center out of which three floors are located in Tower A and two floors on both towers with connection area

  • Two towers (Tower A and Tower B) having altogether 307 apartments, 6 penthouses and 2 presidential suites.

Total built up area of project is cca 100.000 m2.

 

• Current actual situation on saleable and lettable area is as follows:

• Tower A consist of 160 apartments. Total salable area in Tower A amounts to 17.000 m2. (100 apartments)

• Shopping center of the Project is for rent.

• Tower B consist of 146 apartments. The plan is to turn Tower B in hotel apartments for rent. 130 apartments can be furnished as hotel apartments. It is important here to mention that average size of apartment is 135 m2.

 

• Property mix

• Tower A has 100 apartments left for sale with a total area of 17.000 m2 of residential area.

• Hotel apartments are located in Tower B with a total of 130 apartments and total size of 16.000 m2.(net apartment area only)

• Garage space has a total of 400 parking lots, and will be rented out to tenants. 

• Offices are not planned in Bosmal but what currently happens is that some companies are taking commercial space and apartments or the whole floor and turning it into office space.

 

• Proposal for potential investment

 

Bosmal is offering you to enter into the partnership of buildings or buy tower B.

 

• Business strategic plan

Bosmal strategic plan is highlighted in following points:

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• Establishment of hotel apartments in Tower B. Hotel apartments is to provide high quality services for reasonable price. The main aim is to attract foreign guests, families and expatriate. This can be achieved through web (booking.com) and development of contacts with international travel agencies and organizing of group tourist visits in BiH with join cooperation.

 

 

Expatriates can be attracted through contacts with existing international organizations in Sarajevo and through diplomatic missions. Many international organizations and diplomatic missions do have a need for development of this kind of relationship because they continuously have partners/guests who are coming in Sarajevo. Apartments can be either rent out on long term basis or have a memorandum of understanding in which Bosmal always guarantee number of apartments for their needs at already agreed price. This hotel in a way as the whole Bosmal provides high degree of safety to its guests/tenants. For specific needs certain floors can be isolated in order to provide high quality of safety by reserving one elevator to those floors and with no other access

 

• Sale offer for Block B:

• 130 apartments

• 2 presidential suits

• Restaurant 300m2

• Lobby 200m2

• Reception

• 50 parking lots