First Golf Course on Black Sea Coast Opens in Bulgaria's Balchik / Legal Services in Bulgaria

First Golf Course on Black Sea Coast Opens in Bulgaria's Balchik

by Sofia News Agency www.novinite.com

The first golf course on the Black Sea was opened Saturday in the Bulgarian sea resort of Balchik north of the city of Varna. The BlackSeaRama complex is worth EUR 103 M, and is located on an area of 1000 decares. It is the second professional golf course in Bulgaria, and currently has nine holes, with nine more expected to be added. The complex also includes several dozens of luxury villas and houses, a mineral water pool, a gym, and a five-star hotel. A wine-producing plant is under construction. It will use the production of the vineyard located on a plot of 10 decares, and will produce mostly white wines, with the first 20 000 bottles expected to appear in three years. BlackSeaRama is a closed golf club where the membership costs EUR 25 000. The investor in BlackSeaRama Ltd, whose board of directors includes the President of the Bulgarian Golf Association Krasimir Gergov and the two famous Bulgarian sociologists Kancho Stoychev and Andrey Raychev. The Bulgarian football star Hristo Stoichkov participated at the opening ceremony of BlackSeaRama.

Bulgarian Estate Market is happy to announce that we have plots for sale next to the golf course, which is a wonderful opportunity for investors and developers. For more information contact us by e-mail or call one of our office phones.