Land in Pomorie - ID 2398

Golf Course To Be Constructed In Bulgarias Dolna Banya 11/03/2008
Golf Club Ibar, an investor in the Golf Club Ibar complex in the Bulgarian town of Dolna Banya, has received a first class investment certificate for its second golf complex in the country. The Ibar 2 project would be worth 106.5 million leva and constitute part of a wider plan for the economic development of Dolna Banya municipality, investor.bg reported. The project envisions an 18-hole golf course named Bears Best par 3. The course alone is worth 17.5 million leva. This was the first project of its kind in the world, the investors said. The course is a new concept from Nicklaus Design. About 300 single-household houses covering a total built-up area of 45 000 sq m estimated at 45 million leva will be built in the complex. A golf club, trade and service... more

Property Seekers To Invest Carefully In Romania And Bulgaria Agents 13/03/2008
Though Bulgaria and Romania underwent recently a number of positive changes, including EU entry, foreign property seekers needed to invest carefully in the two countries, Assetz reported. Since several years both countries have been seen as property investment hotspots. Prices were going up but agents could not predict if the tendency would continue in the future, the report said.  Cultural integration and consistent growth of the tourism sector enabled Spain and France establish themselves as property hotspots in the 90s, Assetz reported. Bulgaria's tourism market also registered some growth but needed to develop further. Bulgaria managed to attract foreign tourists mainly though its winter resorts and inexpensive skiing opportunities, said the report One of the... more