Eng. Nikolay Galchev: Clients are driven by environmental quality and habitation facilities.

Eng. Nikolay Galchev is the Executive Director of Galchev Engineering Group and has more than 20 years of experience in the Bulgarian construction sector. The company was founded in 1993 to set the foundations of Galchev Holding. Twenty subsidiaries comprise the company. These operate into 3 main lines of business - construction and trade, investments and projects and tourism and sport. The company is now developing one of its premium projects - Botanica VIP Residence in Sofia’s prestigious Boyana neighbourhood.

Contemporary premium class habitation zones must feature well-maintained infrastructure, greenery, security and a wide range of services. That is why gated communities have become so popular lately. Inhabitants provide themselves with unique environment which offers them comfort and all required services as well as high level of security and personal safety. Another key point is the layout of the particular project- it should be designed in accordance with the specifications of the area, project or local climate. And if schemes are located away from city centers, this means they allow eco-friendly lifestyle without natural pollutants such as dust, noise and emissions.
Several years ago some residences with central locations used to attract buyers and were considered prestigious and convenient thanks to both excellent location and infrastructure. However, nowadays there is a trend indicating that these properties tend to be focusing on city outskirts. A change in lifestyle has also transformed the concept of premium class residences. The most important factors now seem to be quality habitat and habitation facilities instead of proximity and easy access.
There is also increasing demand for quality residential products. It is almost impossible to develop projects in old city regions which would meet all contemporary requirements for sustainability, enough green areas, fresh air, parking lots and maintenance. Not only does internal environment matter when we speak of premium class developments, but the surrounding area is vital too. Considering the fact that there are still dilapidated and poorly maintained buildings, there is hardly any chance that a quality residential project may be developed.