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Bulgarian Property & Real Estate News

Greek company to invest 72mln euro in Samokov

Greece’s Gek Group, active in construction, Bulgaria real estate and energy, will invest 72 mln euro in a multi-venue sports and amusement complex in the town of Samokov, located 50 km from Sofia and 10 km from Borovets ski resort at an altitude of 950 m. InvestBulgaria Agency, the local investment promotion authority, has granted a First Class Investor certificate to the Greek company. The agency said the initial investment target may well be overrun with the Bulgaria real estate project absorbing up to 108 mln euro in total. The Samokov complex will feature hotel real estate, spa, retail center, tennis grounds, swimming pool, amusement park, go-kart track and mini golf course. The project should improve Samokov’s profile as a year-round tourist destination. The complex will employ a staff of 73 upon completion in three years.

Source: Dnevnikam

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