Construction Boom Moves to the South of the Black Sea Coast
Article published from StandartNews on 2008-02-18 12:00:00Category: Properties in Sunny Beach
Construction activity in Bulgaria`s largest sea resort - Slanchev Briag (Sunny Beach) is slowly dying away. Unlike other years, the approach of the summer season does not bring herds of cranes and trucks heavy-loaded with construction materials. Any free spot near the coast have been developed. Only 17 new buildings are currently being worked on, situated in the western part of the resort - near the Bourgas-Varna road. The place has been so over-developed that anyone who wants to build a new hotel will have to tear down an old one.
About 200 hotels will work this summer in the "residential district" as Slanchev Briag is called. The whole region around it has started to resemble a Chinese village - not an inch is left unbuilt from Nessebar to St. Vlas where five new holidays villages and eleven hotels are constructed. Four new and super luxurious hotels will receive tourists in the new town of Nessebar.
The lack of undeveloped area near the caost in Nessebar area, forced investors to redirect their intentions southwards. According to Tsarevo Mayor, Petko Arnaudov, 15 new hotels are currently being constructed in the town. As many hotels are built in Sinemorets. The place that has been for long the favourite hideaway of Bulgarian elite will no longer be able to offer peace and isolation.
For the last two years investors have been more interested in the northern Black Sea coast, although the season is shorter there. They prefer investing in holiday villages and residential complexes as well as in golf course surrounded by villas that supposedly may attract keen golfers and their families all year round.
About 200 hotels will work this summer in the "residential district" as Slanchev Briag is called. The whole region around it has started to resemble a Chinese village - not an inch is left unbuilt from Nessebar to St. Vlas where five new holidays villages and eleven hotels are constructed. Four new and super luxurious hotels will receive tourists in the new town of Nessebar.
The lack of undeveloped area near the caost in Nessebar area, forced investors to redirect their intentions southwards. According to Tsarevo Mayor, Petko Arnaudov, 15 new hotels are currently being constructed in the town. As many hotels are built in Sinemorets. The place that has been for long the favourite hideaway of Bulgarian elite will no longer be able to offer peace and isolation.
For the last two years investors have been more interested in the northern Black Sea coast, although the season is shorter there. They prefer investing in holiday villages and residential complexes as well as in golf course surrounded by villas that supposedly may attract keen golfers and their families all year round.