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News: Pravetz hits 100m hole-in-one

Wed, 18 Jun 08

A huge new tourism project is set to catapult one Bulgarian town into the big time...

In the latest in a long line of exciting infrastructure projects, a new vacation complex with a gold course and spa will be constructed in the town of Pravetz at a cost of BGN 100 M.

Viktor Panayotov Director of Teratour Service, which is managing the complex, explained: “The professional golf course will be suitable for hosting international tournaments. A secondary golf course for beginners will also be created nearby. The total length of the golf complex plot will be about 6.5 km. The spa hotel complex to constructed at the spot will have a total all-out area of 24 500 square meters.

He added: “The average sale price of the apartments in the complex would be about EUR 1200 per square meter, whereas the price for the luxury villas might reach EUR 2000 per square meter. one of the unique features of Pravetz Golf & Spa is the fact that it would be located right next to the Pravetz hunting preserve, which will offer a unique combination of hunting, golf, and spa activity which is really rare globally”

The town of Pravetz is located 70 km northeast of Sofia. It is famous for being the birthplace and hometown of Bulgaria's long-serving communist dictator Todor Zhivkov.

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