Orchid Developments, a property developer activing in Bulgaria, will put in about 50 million euro to construct its Orchid Gardens Varna mixed-use plan, investor.bg announced on 8 of April .
The property will be with 16 floors feature office and selling space market  on the 1th six floors, topped by ten storeys of apartments. The total erected area of the growth is designed at just under 42 450 sq m. The real estate will also have a 3-level underground parking space, a spa centre, restaurants and indoor swimming pool.
The housing area will have 107 apartments, the developer's leader executive Ofer Miretzki told. Despite sales have not started yet, initial prices will be 1700 euro per sq m, he supplemented.
Orchid Developments anticipates to choose a contractor for the plan within two weeks and erection will be finished  in 2010, Miretzki told.
Varna features heavily in Orchid's projects, with erection on its Grand Mall Varna already under way and some office rooms designs in the pipeline, he added.