The Investor

Manastirski L!VD apartments is one of the projects in Bulgaria of Arco Vara – a leading group of real estate companies. Established in 1992 in Tallin, Estonia, today the firm is the largest real estate services provider in the Baltic States and one of the main investors in the residential sector.

The real estate development division of Arco Vara was established in 1995 and as of today the company is one of the major investors in the Baltic region with several ongoing projects in Bulgaria, Estonia and Latvia.

In Bulgaria the companyoperates through its local subsidiary Arco Invest,and since 2007 has beendeveloping two of the most attractive real estate projects in Sofia – BLVD Residence on Madrdid Blvd, and Manastirski L!VD apartments.


BLVD Residence

BLVD Residence is a multifunctional building offering retail and office space for rent, and a variety of apartments for sale and rent. Situated at the junction of Madrid Blvd and Cherkovna Str., the project features 87 residential units and 5000 m2 of modern retail and office premises.

Some of the long-term tenants of BLVD Residence include BILLA supermarket, Tapetia, Leo's caffe, Beauty parlor Botox, dry-cleaning, and Skrill Moneybookers.

  • - 26 000 m2 TBA
  • - 2 undeground 10 above-ground levels
  • - 87 residential units
  • - 165 parking spaces and garages
  • - 5000 ΠΌ2 modern office space
  • - Shopping center

Residential projects in Estonia and Latvia

Tehnika 53

Small and beautiful 4-storey building in one of the historical heighborhoods of Tallinn. It consists of 12 fully finished apartments featuring sunny living rooms and convenient access to a heated underground parking.




Paldiski Road 70C

28,000 m2 plot of land, located along the main road to the Tallinn coast line and city beach. Development plans include construction of a large residential complex with retail and entertainment amenities.



9 individual plots of land allowing for the construction of a total of 13,000 m2 of residential properties. Balterezers is located in Mazais Baltezers Lake in Riga, Latvia.