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Informes Sectoriales OP - Icex

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TOURISM AND RELATED SERVICES IN BULGARIA<br />

♦<br />

Simply Bulgaria company with holiday village<br />

Bulgarian-British company Simply Bulgaria will invest 4.5 mln euro in the construction<br />

of a holiday community in the village of Gesha, in the Dryanovo area,<br />

Northern Bulgaria, news agency BTA announced. The JV will build 110 apartments<br />

and houses on a 5 ha site. A representative of the developer said over 30%<br />

of the apartments have already been sold. The development should be liveable<br />

next year. Simply Bulgaria plans to invest in other similar developments across<br />

Bulgaria in the next 8 years, bringing their number to 6.<br />

Spanish Economic and Commercial Office of the Spanish Embassy in Sofia 54

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