Marina d'Or Spain company invests in luxury vacation spa complex in Ribaritza
In the resort of Ribaritza in the Balkan Mountains will be build new luxury vacation spa complex. Investor is the the Spanish real estate company Marina d'Or. The complex will be close to the town of Teteven and 132 km west of Sofia.The Marina d'Or investment projects actually include two complex buildings in Ribaritza - Old Ribaritza and Ribaritza II.
The Old Ribaritza Complex will have 833 high-class vacation apartments located along the Ribaritza River close to the village with the same name. The average sale price is expected to be EUR 1100 per square meter. The Old Ribaritza Complex is also going to include a retail center, a children's park, a restaurant, and its unique spa center with a balneological part.
The first apartments are expected to be ready in 28 months. The marketing campaign is just starting but it envisages massive advertising in all 22 countries where Marina d'Or has offices.
In the project is included and building of small quarter with office and residential areas in the Bulgarian Black Sea city of Varna.The Spanish company is currently realizing a unique project for a vacation town in Valencia, Spain.
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