Golf Resort Complex for EUR 500 M to Be Built in Bulgaria's Straldzha

Business | June 26, 2008, Thursday // 00:00

A new golf and resort complex for EUR 500 M called "Wild Rose" will be constructed close to the town of Straldzha in southeast Bugaria.

The huge resort complex will be able to accommodate about 20 000 visitors. According to the investor Solas Nua Ltd from the UK, Wild Rose would be the largest entertainment resort in Bulgaria.

The complex will include two golf courses with 18 holes each, two other smaller golf courses, a sports center with a track, tennis courts, soccer fields, swimming pools, and beaches.

The UK investors also plan to build an aqua-park, a dry ski track, and carting facilities. The guests will be accommodated at a five-star hotel with 120 rooms, 80 apartments, a spa center, conference halls, and an amphitheater.

About 6000 houses and villas will also be built in the Wild Rose. The construction of the resort located on a plot of 4600 decares will last for ten years, and will employ about 2000 construction workers.

Solas Nua Ltd intends to start building the complex in the spring of 2009. According to estimates, when completed, the resort will bring EUR 75 M worth of taxes to the state budget, plus BGN 11 M in local taxes.

The exact location of the complex will be in the village of Aleksandrovo, Straldzha Municipality, Yambol District.

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