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Development Summary
Communications...
Rental Demand
The Rental Program:
The developer is currently negotiating with four International 5 star hotel chains to manage the 5 star hotel and also direct the rentals for a selection of properties in the 1 st phase of Thracian Cliffs Golf and Spa resort. Any clients who reserve with us in the 1 st phase of the project will have the option to enter their property into the rental pool with the 5 star hotel chain. This is a very unique rental product that we have not seen in Bulgaria to date. As this is a golf project the season which is generally 4 months on the Black Sea Coast is increased to 9 months from March to November. Therefore the rental return will be a lot higher than any of the projects previously built on the Black Sea Coast . For rental ability, use of a golf course in the Balcik area is imperative. Thracian Cliffs Gary Player Golf Course will be exclusive to people staying in the Thracian Cliffs Spa and Golf resort.
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