Rafael Developments Ltd is one of the three divisions of Rafael Group|Bulgaria.
Rafael Developments was launched in 2005 as part of Rafael Group|Bulgaria’s expansion strategy to provide client support services and to enhance the image of Rafael Group|Bulgaria as one of the most serious and considerable players in the real estate and property planning and development market. The ultimate aim is to become one of Bulgaria’s finest developers of mixed-use, special facilities residential and lifestyle properties.
Rafael Developments Division concentrates on a Bulgarian portfolio by providing real estate agency services and investing in land acquisition and developing master planned communities in strategic locations of the Black Sea region.Property transactions for the three-year period end 2007 amounted to over 250 transactions in property acquisition and sales with a turnover of over 100 million euro.
The company has also been instrumental in driving the growth of regional real estate in Bulgaria and promoting the country as a world-class destination, reinforcing the benefits of investing in the region.
Rafael Developments Division utilizes a strategic model that covers all the major areas of the property planning and development business activity, from real estate selection and agency to property planning and development and management. This model gives us the chance to fully utilize and build on our core competencies and abilities and to maximize our financial results; it also gives the chance to the investor and client to select the best property and the best property stage / location / type based on their investment strategy, the investment time spectrum, and their exit strategies and risks.
Currently, the Rafael Developments division has the following projects under its wings: