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Property developers Terra Tour Service's planned country club and golf resort near the central Bulgarian town of Pravets will benefit from fiscal incentives after receiving recognition as first-class investment from Bulgaria's investment agency on Thursday.
The total cost of the project is estimated at BGN 71,8 M and it will be completed by mid-2010. The world-famous course designers Haradine-Golf laid out the 18-hole course, fit to host Professional Golf Association (PGA) Tour international events.
In addition to the golf course and training grounds, the country club will feature a golf equipment shop, a luxury hotel with a total built area of 24,500 square meters, a spa center and conference rooms.
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