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Thursday, May 18, 2006 

Bulgaria's Planex Holding to build holiday compound in Obzor

Bulgarian property developer Planex Holding said it has started work on a vacation complex in Obzor, a Black Sea resort town located 60 km south of Varna.
The Galeria apartment complex, with undisclosed cost, should be ready by July 2007.
The gated development, with a built-up area of 15,153 sq m, will consist of 196 apartments with area ranging from 40 to 100 sq m. The units, divided in 2 buildings, will be sold at prices of 730 to 930 euro/sq m.
Management and maintenance services for the finished apartment units will be provided by PLH Invest, part of the Planex Holding.
Galeria is the 5th residential compound developed by Planex in the past 3 years. The company has so far build vacation complexes in Ravda, Slanchev Bryag, Sozopol and SS Konstantin & Elena.

Source: Dnevnik
Related links: Planex Holding Bulgarian Property Development Projects

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