The Dunav Mall is located on an excellent site in the landmark city of Ruse in Northern Bulgaria, on the shores of the famous Danube River. This brilliantly appointed retail complex is finished to the highest possible specifications with four floors in total, an underground parking garage (capacity for over 200 cars) and the potential for numerous retail, dining and entertainment outlets. The mall is designed to host at least 70 shops, two restaurants, seven fast food outlets, a cafe, a children's play center and a billiard and bowling complex.
The original cost of this exciting retail and leisure complex was in excess of €25,000,000. The development has a tax valuation of €17,000,000. Get in touch for documentation and information.
New Wealth Capital analysts project that the potential rental income from the premises stands at approximately €1,500,000 per annum. Get in touch for documentation, queries and any further information.
A viable exit strategy for investors is to list the Dunav Mall for sale in Year 2, when it has been fully let with a value of €25,000,000, yielding a 6% margin.
- STATUS: Building Completed
- TYPE: Shopping Mall (Could also be repurposed for expo or logistics center)
- LOCATION: Ruse, Bulgaria
- INVESTMENT: Please get in touch for further details
Ruse - Gateway to Romania and Bulgaria
Only 60km from Bucharest, Romania's thriving capital city, the Dunav Mall is a prime location for establishing a retail presence in the growing markets of both Bulgaria and Romania. Ruse is located just over 300km from the Bulgarian capital, Sofia, which lies about a four-hour drive away.
The Dunav Mall's positioning on a prime highway gives it easy access to both Ruse city centre and the road both north to Romania and south towards Sofia. It is well served by local public transportation and access to public amenities.
To travel to Northern Europe from Turkey, this route is the most accessible option, making the location a very viable and strategic investment. An average of 3,500 to 5,000 vehicles pass within 100 metres of this property daily.