New Varna will be on the South of the Varna Sea Lake
October 17th, 200810th Oct, Morski Trud daily
The neighbourhood of Galata and the villages of Konstantinovo and Zvezditsa will have another 60 000 people, mainly young families, living in the area within the next 10 years. The region will become an attractive place for living. In some projects after the Asparuhov Bridge, prices reach € 1800-2000 per sq.m., said the Chairman of ‘Eurolink Investment Group’, Mr. Christopher Violaris. The main themes discussed at the ‘Eagle Has Landed’ conference were the challenges before the market of real estate, the New General Town Plan and the above mentioned areas, as well as the 2 golf courses, Royal Oakwood and Aphrodite Hills.
According to Mr. Violaris, Varna, as it is today, will be referred to as the old city and the new one will be located on the other side of the lake, with a modern centre and good infrastructure. Investors from Europe, Malta, Cyprus and South Africa showed interest towards those regions. This is one of the reasons why family homes and residential complexes will be an alternative to the panel apartments.
After the approval of the New General Town Plan, near the village of Konstantinovo, over an area of 600 decares of land, an Ethnographic village will be built and it will be similar to the one near the town of Gabrovo, ‘Etara’ (http://www.etar.org/index-en.htm), is what Eurolink Investment Group announced.
