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840 PROPERTIES SOLD SINCE JUNE 2004 ... 350 Million Euro Super Borovets Project to go ahead! Book your viewing trip with us now
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Super-lobby for Super Borovets
Updated: 2005-09-29

Article by Ivan Michalev, Capital Weekly, 2-8 April 2005

The State alone will invest 300- 400 million BGN in the infrastructure of the future resort

Super Borovets is gossiped for more than a year, but not everyone knows that the new project has nothing to do with the existing resort Borovets. This project is completely independent. It would be a brand new resort nearby Samokov that will aim to attract tourists through the whole year not just during the winter.
Behind the project stands a strong lobby that gathers representatives of different institutions and famous persons. This initiative gathers the ideas of the region manager of Sofia region - Olimpy Kanev, the mayor of Samokov Angel Nikolov, the banker Emil Kulev, the skier Peter Popangelov, the Olympic wrestle champion Boyan Radev, architect Petko Evrev, the sociologist Mira Janova, who is a head of the local tourism association “Beli Iskar”, the journalists Tosho Toshev and Velichko Konakchiev, Neli Sandalska, tourism manager in “MG corporation”, etc.
The project is supported by the Prime Minister Simeon SaxCoburggotski, who attended some of the sessions of the public committee. It is not a secret that some of the Prime minister’s restituted properties are situated in this region. The palace “Sitnqkovo” and the Hunter’s Chalet “Saragil”, are very close to the planned pistes. The Palace Tzarska Bistrica is situated closely to the already existing Resort Borovets. It hosted the wedding of princess Kalina.

The project “Super Borovets” provoked the government to build a whole concept for the development in the region of Samokov and Borovets. It is ready, but it will be proposed to the Ministry Council after the reconstruction of the new ministry of culture and tourism by the new minister Nina Chilova, explained Olimpy Kanev. He also added that the process of realizing the project is already a fact and no one who can stop it.
The first two offered plans for construction were not accepted. The investors did not accept the easier one that was limited by the borders of the National Park. On the other hand, the eco-experts did not agree with the idea of invasion in the National Park. According to them this would lead to the cutting down of 80 hectare forests to the abolition of protected animal species.

This led to the approval of a third “compromise” variant, which provided for the construction of hotels and sport equipment to 1 600 meters above the sea level in Rila. It plans a small invasion in the protected areas of Rila and the building of two pistes- from east and from west. According to him, the total length of the pistes will reach 59 kilometers. The ski equipments will have the capacity for 10 400 skiers per hour.

 



At the foot of the mountain, where Biala poliana is situated, will host a huge golf center. The plan is 1000 family houses, which will play the role of a second home for rich Bulgarians and foreigners, to be built there. They will be sold on a mortgage principal together with the land beneath them. The price for such a villa will be around 100 000 – 200 000 euro, said Emil Kulev. Several water attractions are also planned to be build. Maritsa and Beli Iskar’s floats will host aqua parks.
The two largest lifts will carry the tourists to the ski pistes. The first one will start from Biala poliana and will reach Sladka Voda peak. The second one will connect Samokov with Mousala peak.

 



The peak itself will be the starting position of the largest piste, which will be 24 kilometers long or the longest one in Europe. The region Gvarediska polyana will host two luxurious hotels at 1400 meters above the sea level. A third smaller lift probably will connect Beli Iskar with the Markudjicite and the village will host 1600 beds and entertaining places.

A possible deadline for execution of the project is 2005-2009. A long-term ambition is the resort to become part of the Bulgarian application to host the winter Olympic Games in 2014. The planned investments had serious delay in time. Last summer the mayor of Samokov announced that the project will cost 300 million BGN. Now the region manager announces that the investments might reach 300-400 million euro.

However, it is sure that the biggest part of the expenses will be covered by the state, who took the obligation for the building of the necessary infrastructure. Considerable expenses will be made on the construction of the road that connects Sofia and Samokov. Money will be spent on the start of the already existing sublimating station in the site Iaiceto that has actually never worked.

The “Super Borovets” project will apply for investment certificate of “first class” as it is over 100 million BGN, announced Olimpy Kanev. This means that the government can build all the infrastructure - roads and drain system for the resort. The executor of the project will probably receive land or buy terrains without an auction or competition.

The property market:

In the middle of 2004, after the rumors about “Super Borovets”, the potential investors became interested in the properties in the region and the “supply” prices started rising. The agencies in Samokov had prices about 20- 35 euro per square meter during the autumn. “The high demand considerately raised the price. The agricultural land that used to cost 10 BGN per square meter now costs over 30 Euros. The investors are looking mainly for huge terrains, suitable for hotels, chalets and vacation complexes. People from UK are also interested in houses in Beli Iskar and Govedarci.

We at Skipropertybg.com are the only specialists in this prime area and all our offers are within easy reach of Borovets and the area to be affected by the Super Borovets project.

All photos are from Rila Mountain, photographer Stoyan Krusharski

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