Sun, Nov 22 2009
A project similar to Super Borovets will be the second major development in the region of Borovets mountain resort.
The tourism complex will be set up close to Maliovitsa, 24 Chassa daily reported. The zoning plan is currently drafted and will be finalised by May.
According to plans, the project will feature five tourism zones that will accommodate between 8000 and 10 000 tourists.
The complex will have 50 to 70km of ski tracks. Total investment will be calculated after the zoning plan is completed.
Investors said that the project will be set up in Borovets, as compared to Bansko the resort is underdeveloped. At the same time it is located close to Sofia.
Recently real estate agents said that Borovets will soon develop into a new winter tourism hotspot. The developed infrastructure, proximity to Sofia, favourable climate and opportunities for development of spa and eco-tourism make the resort attractive.
Agents said that since Super Borovets was announced, the price of property located nearby increased 30 to 40 per cent on an annual basis.
Samokov mayor Angel Nikolov said that Borovets will not be over-constructed like Bansko but will develop as a resort with its own ambience. Turning Borovets into super resort will be gradual, Nikolov said.
The Black Sea town of Pomorie has approved a proposal for the construction of a spacious and modern marina, with a capacity of over 600 yachts and small passenger ships.
Over the course of a year, from one of the leaders in Europe in new construction, Bulgaria became one of the countries currently quagmired at the bottom of the table and was now amongst the three worst hit countries, along with Romania and Slovenia.
The park is posed to act as an economic stimulant in the region, creating a modern infrastructural base for companies. It is set for completion by Q3 of 2010.
Both retailers target at least 50 outlets in Bulgaria by the end of 2010.
When will Bulgaria’s real estate and construction sector recover?