FairPlay Properties buys hotel project in ski resort Bansko
FairPlay Properties buys hotel project in ski resort Bansko << Back to list of articles
Real estate investment trust FairPlay Properties has bought off-plan the St Ivan Rilski hotel in ski resort Bansko.
The hotel should be completed by March 2007 at a cost of 14 mln levs.
St Ivan Rilski will have 6 above-ground levels with combined area of 8,887 sq m and 3 underground levels with combined area of 4,350 sq m.
The hotel is part of the St Ivan Rilski Spa&Apartment complex developed by FairPlay Properties' parent company FairPlay International.
A hotel management company will be hired to run St Ivan Rilski after the hotel is finished.
The hotel deal is part of FairPlay Properties' investment program for 2006.
The company is also building the Santa marina holiday village near Sozopol, on the Black Sea.(Dnevnik)