Golf Investment Opportunites Emerge in Bulgaria

Golf Investment Opportunites Emerge in Bulgaria

0 2009

Bulgaria was well known for its ski and summer resorts and the property investment opportunities there but the country was just beginning to develop golf property opportunities, easier.com reported.

Only three golf courses operate in Bulgaria at the moment, the website reported. Because of the foreign investor interest the country was ready to develop further this opportunity.

According to prognoses in 15 years Bulgaria was going to have 40 golf courses set up in strategic areas for investors and vacation property seekers, easier.com reported.
The coastal area offered good opportunities because of its climate. The milder weather there permitted year-round golfing, the website said.

Three international golf celebrities were involved in the creation of golf courses in Bulgaria, easier.com reported. Among them were Gary Player, Jack Nicklaus and 2006 European Team Ryder Cup captain Ian Woosnam.

Source: Sofia Echo