Sat, Nov 21 2009
Varna-based company Albatros Ve EOOD has erected the ground floor of the aparthotel Soley, which is the first concrete construction on the beach of the Black Sea village of Skorpilovtsi between Varna and Bourgas, close to the Stara Planina slopes. The only accommodation on the beach to date was the longstanding campsite but there are also other plans to construct hotels, Albatros office employee Ani Angelova told The Sofia Echo on August 5.
Albatros is now selling its project and its additional construction for 2.5 million euro, Angelova said.
Soley is 150 m from the beach. It comprises more than 2798 sq m, 1081 of which will be built on, Bulgarian-language daily Dnevnik reported on July 31. It is planned to be a five-storey development with 90 apartments. Prices of flats will vary between 1100 and 1550 euro a sq m depending on size and location. Additional parking spaces and garages will also be sold for 8400 and 10 500 euro respectively. A restaurant and piano bar are also planned to entertain guests.
Spa tourists will not miss out either because Skorpilovtsi is also home to the nearby natural mineral water springs. The beach has been free of construction for many years because Skorpilovtsi is close to a nature reservation for rare plant and animal species.
Apartments are already up for sale, Angelova said. According to Albartos manager Violeta Vicheva, Russian investors have already expressed an interest in buying apartments in Soley.
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?