Spanish to Build Housing Estate Near NP `Strandja`
Article published from News.bg on 2008-01-16 16:31:00Category: Business in Tsarevo
Spanish company Iberdrola Inmobiliaria, have bought a terrain in Tsarevo area (South Black sea coast) for 44,6 million EUR, announce money.bg.
The company`s activities are directed towards investments in housing estates, offices, industrial zones and trade objects. The lands are in immediate proximity of National Park ‘Strandja`, and are located on 800 meters from the beach strip.
According to the company`s investment intentions the new tourist complex will have 2,500 apartments and will cover 240,000 square meters. The complex will include also trade zones, sport zones and beach club.
Bulgaria is the third country, which Iberdrola Inmobiliaria invests in, after Mexico and Portugal. Tsarevo project is the biggest international investment of the company to the moment.
The company`s activities are directed towards investments in housing estates, offices, industrial zones and trade objects. The lands are in immediate proximity of National Park ‘Strandja`, and are located on 800 meters from the beach strip.
According to the company`s investment intentions the new tourist complex will have 2,500 apartments and will cover 240,000 square meters. The complex will include also trade zones, sport zones and beach club.
Bulgaria is the third country, which Iberdrola Inmobiliaria invests in, after Mexico and Portugal. Tsarevo project is the biggest international investment of the company to the moment.
