Real Estate Investments
About Crown Developments
Crown Developments has been conceived to source and undertake the development of unique high quality, luxury residential homes, resort apartment hotels and apartment dwellings in Bulgaria.
Established by Warren Mace, an English National and his Bulgarian wife Yana, to capitalise on the investment and development opportunities emerging in Bulgaria, Crown Developments over the last four years has steadily evolved from a regional custom-home provider to a national real estate development company.
Predominantly, Crown Development’s history stems from Warren Mace’s business activities in the UK market and mainland Europe including Spain, France and Holland. However, the business focus is now firmly on Bulgaria, with developments of distinction to be brought to the market in Bansko/Razlog, Plovdiv/The Rhodopes, Sofia, Sozopol and the South Coast Riviera of the Black Sea.
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UK Hotline: +44 (0) 207 664 8993
News
British real estate consultant names Bulgaria world's strongest property market
14:17 Fri 01 Feb 2008 - Alex Bivol
Bulgaria was the world's strongest property market in 2007 with an estimated turnover of 11.36 billion euro, an increase of 2.36 billion euro over the previous year, British property investment company Obelisk said on February 1.
The previous lack of modern apartments, retail, and administrative buildings, as well as growing investment in tourism, production, and the need for modern infrastructure caused the construction boom.
Construction sector growth is expected to be between 12% and 16% year on year until 2010, Obelisk said in a statement.
Read the complete article
More 'Crown' News
Amongst the gloom Bulgarian Property is the shining light
Hot of the press, BBC News, Monday, 7 January 2008
As the US housing market hit the buffers and most of Europe slowed, Bulgaria topped the table for house price growth in 2007.
For more details, please read our News section.
Discover the cities, towns, history and culture of Eastern Europe's hottest property market.
Click here more details
Today, Crown Developments is
a well-capitalized, entrepreneurial real estate development company
that, along with its partners, is directed by some of the most experienced and visionary managers in the industry. To complement the residential and resort accommodation business, the company has now broadened its focus to include the acquisition of income commercial property.
This diversification exemplifies Crown Developments’ focus and commitment to the long-term goal of creating Partner and Investor wealth through a risk-managed portfolio of assets.
Crown has developed binding relationships with the best architects, landscape and interior designers,
project managers, general contractors, and sub-contractors on the Balkans. Crown Developments could not provide its distinctive level of quality and maintain its unparalleled standards without these talented people and valued relationships. In addition to assembling a superb team, the challenge and mission of Crown is to fulfil the vision of these talented parties, for both the equity increase and the enjoyment of the investors.
In complement with its own business activities Crown Developments is the exclusive development partner for several UK, Israeli, Spanish and Bulgarian investment companies, where these businesses lack the advantage of our on-the-ground presence, local knowledge and network of business professionals, Crown offers all the necessary and required aspects of business support, from just the provision of advice through to complete turn-key solutions.
Whether the business focus is custom homes, residential resort development or income property,
the foundation and character of Crown Development - visionary strategies, experienced professionals, unsurpassed quality, valued relationships, and excellence as a standard - will be consistently exemplified in our mission to create distinctive assets, and build wealth for Partners and Investors.
Our reputation is of paramount importance to us; we have worked diligently to earn the respect of investors, customers and others in the real estate development field. Accordingly, our attention to detail is unsurpassed. At Crown Development, the word “Quality” does not end at the close of an escrow.
We intend to service our developments for many years after they are built.
Our goal is to provide unparalleled residences and service as well as to generate a long term feeling of comfort, joy and pride for our investors.
Crown Development and its partners are well-capitalized, entrepreneurial companies whose strengths include experience, flexibility, speed and the ability to develop strategies that create value. These attributes are utilized to pursue investment opportunities in the new Eastern European emerging markets.
Crown Development has three primary Strategic Initiatives
which will be continually evaluated and scrutinized to ensure they remain viable and judicious.
- Development of high-end residential projects, five-star resort assets and commercial properties.
- Value-added acquisition and redevelopment of high-end residential projects, five-star resort assets and commercial properties.
- Acquisition of stabilized Class A residential, resort and commercial projects in Bulgaria and Eastern Europe.
Warren Mace has comprehensive experience of working within all aspects of the Construction and Building Services Industry in the UK. Combined with Yana Mace’s local contacts and knowledge they make a formidable team, which has created a portfolio of residential real estate which is being designed and built to international standards. Crown Developments’ portfolio has been designed to optimise space and functionality within each development whilst providing a contemporary feel that is in tune with the natural surroundings of each development.
