Masterbuild, a Burgas area building contractor and property developer, said it will build holiday complexes in the village of Kableshkovo and Medovo, near Pomorie. The Medovo vacation community will have a footprint of 100,000 sq m, accommodating 64 residential buildings with housing units ranging from 95 to 214 sq m. The total build area of the complex will be 16,500 sq m.

Masterbuild said work on the Medovo compound should get underway in late March once the financing and planning approval are sorted out. Delivery is seen by the end of 2010.

The company will also develop the Golf Village complex near Kableshkovo, an area where a golf resort development is planned to be built. The construction of the Golf Village houses will begin in the fall of 2008 and should be completed by early 2010. The holiday complex will feature entertainment venues, retail outlets, eateries, office building, conference center, spa hotel and indoor and outdoor swimming pools.

The two communities will comprise two-storey houses for one, two or three families as well as three-storey apartment buildings. Masterbuild has plans for a similar villa community in the village of Veselie, in coastal municipality Sozopol.