Sun, Jul 05 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 project will be financed by the Bulgarian Bank for Development, and the Joint European Support for Sustainable Investment in City Areas, or Jessica Programme, although the report has so far failed to reveal the total cost of the vast enterprise.
The strategic plan envisages the conservation of the nature "for decades ahead", and it was formulated by a municipal team headed by professor Ivan Nikiforov, backed by Prime Minister Sergei Stanishev.
Once the overhaul and reconstruction of the Sofia–Vidin line is complete, it will cut travel time to three hours, as the train will be able to reach speeds of up to 160 km/h, shortening the journey to three hours.
Marriott however has made it clear that is not interested in investing in construction, but rather to occupy and manage existing buildings. Its strategy is to obtain management contracts.
Investors realise that it’s not viable to have a building remaining empty over the course of a year – so it's better for them to employ more flexibility to offset that loss.