In the coming five years the region of Razlog and Bansko will have a 200 000-bed accommodation capacity, Dnevnik daily reported. This is the balance of the construction permits the two municipalities have issued.

Seven golf complexes are on their way to completion in the region. Construction of two golf complexes has already started in the Betlovo district. The others will be situated in Dobrinishte, Banya, Predela districts and the future golf zone near Razlog.

Investment intentions in the region count hundreds of millions of Euro. Razlog mayor Lyuben Tatarski said for Dnevnik that he is concerned that ‘phantom towns’ are to be built because of the massive construction.

Investors in the future golf complexes and properties in the region face several problems. The first one is the uncertainty connected to the Natura 2000 environmental network.

Another problem is the unclear status of the plots in the state owned residual land fund. Razlog municipality wants to a port plots from the fund and establish joint ventures with the investors. But still land status is unclear and construction could not start.