Investor Profile

Investor of BLVD Residence is Arco Invest – Arco Vara’s department for development and investment in real estate. Arco Vara Group is a leading group of companies in the real estate, founded in 1992 in Estonia. Today the company is the largest provider of real estate in the Baltic States, with offices in Bulgaria, Estonia and Latvia.


In Bulgaria, the department operates through its local subsidiary Arco Invest and by the end of year 2007 develop two of the most attractive property projects in Sofia – BLVD Residence situated on Madrid blvd. and Manastirski L!VD apartments located in the Manastirski livadi quarter.

Manastirski L!VD apartments

L!VD apartments consists of 3 residential buildings, situated on an underground parking facility with more than 260 secure parking places and garages, conveniently accessible from any of the apartments.

The development includes 272 units and 25 retail shops with a total buil-up area of 35,000 m2. The area of the available apartments range between 38 m2 and 165 m2 with 1 to 3 bedrooms. Finishing works level is ground coat with fully installed electrical wiring and heating system.

The professionally planned space provides the quiet charm-yet friendly atmosphere you desire. The inner yard and the playground are always available for a short walk, time for peaceful reading or cheerful games with the children.

Residential projects in Estonia and Latvia

Tehnika 53

Charming 4-storey building in one of the historic districts of Tallinn. It consists of 12 fully furnished apartments with sunny living and easy access to heated underground garage.

Paldiski Road 70C

Plot of 28,000 m2, located along the main road that leads directly to the beach in Tallinn. Development plans include the construction of residential complex with associated shopping and entertainment areas. Expected to be completed the second half of 2015 y.


9 separate plot with building permit for total of 13 000 m2 of residential property. Balterezers is located in Mazais Baltezers Lake in Riga, Latvia.