Bulgaria real estate developers have already realised the huge attraction of top quality golf courses. 5 signature golf courses – being designed by golf stars like Ian Woosnam, Gary Player and Jack Nicklaus – are planned in various parts of the country.
Bulgarian real estate investors have realized that by building a golf course in an excellent location and combining it with quality facilities such as spa and wellness centers, horse riding, tennis, skiing and so on, gives you an excellent all season product. Golf brings to Bulgaria property investors something more up market and not associated with the more broad market budget type locations such as the Black Sea coastal resorts.
The global golf industry is worth almost 15 billion euros annual and Bulgaria with 10-12 new 18-hole courses in in the planning or construction stage is trying to get a bite of this lucrative tourism market. Bulgaria real estate experts point out that Bulgaria is set to prosper from its new golf courses if they can follow the success of similar property development in Spain and Portugal.