Bulgarian company Golf Club Ibar said it plans to add a second golf resort to one it is already operating near the town of Dolna Bania, in the Sofia region.
The project, with a cost of around 75 mln levs, was presented Tuesday by Golf Club Ibar co-manager Ilia Lazarov and Paul Stringer, senior vice president of business development for Nicklaus Design, to the local investment promotion authority.
The golf resorts are developed in partnership with the Dolna Bania municipality which owns a third of the project company.
In early 2006, the first Golf Club Ibar project was awarded a First Class Investor certificate by the InvestBulgaria Agency.
It was announced at the time that the 160 ha complex, consisting of a golf course, 550 villas and a spa center, should welcomes its first guests in 2008 |
Bulgarian Property
Bulgarian
