Golf Resort for 35 M EUR to Pop Up near Bulgaria's Pravets

News.bg, 01 Oct 2007

Former mayor of Pravets (Western Bulgaria, 60 km North from Sofia) and chief of ‘Tera tour Service' investment company Vasil Zlatev, will invest 71 million BGN (35 million EUR) in golf and hotel complex on the place of motel-residency of former Bulgarian communist leader Todor Jivkov.
First step of project foresees constructions of golf and hotel complex over an area of more than 1,000 decares.

The club will posses with golf playground with 18 holes and training ground for beginners.

The hotel extension will have more than 200 rooms and 15 luxury apartments. The project also plans to be constructed 78 houses and 6 apartment blocks that will be emitted foe sale.
The company-investor declared that the project will be finished till 2010.

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