Welcome to Bulgaria-an international country where different entrepreneurs are regularly investing.
A holiday village worth 10 million euro is to be built in the Stara Planina Mountain, in the vicinity of Elena town; the entrepreneurs’ proposal has already been debated with the mayor of Elena municipality, Sasho Topalov. The 25 cottages are to be built of special eco-wood products, where Dutch tourists intend to spend their holidays. The future village is to be situated on 60 000 sq. m. in the bosom of the Balkan Range, at the Yovkovtsi dam, thus tourists will take advantage of the clear air, beautiful nature and picturesque scenery.
Another similar project is to be started soon near the town of Razlog, British businessmen aspire for 900 000 sq. m. of the forests of Razlog town to build up to 100 family cottages. The offer was approved by the town’s authorities and work is proposed to start late spring, the project also inclides the building of extras for the tourists’ leisure time, such as tennis courts, swimming pools, playgrounds, etc. Investments will exceed 90 million euro with 25 million euros slated for improving the infrastructure alone. Not long ago in the same region took place an earth-breaking ceremony for an ultra modern spa centre to be built up, cosy complex is estimated to cost 10 million euros, yet another luxury addition is the 900 000 sq. m. golf course which will soon be built up in that very region. Thus the whole area around the town of Razlog will become a tourist hot spot which will surely have its positive influence on the whole region’s economy.
Foreign investment in the field of tourism is very important for the sector and will change the image of Bulgaria, making it a more attractive place to visit.
