OKOL Lake Park, Bulgaria’s newest and largest golf & residential development, has announced the start of Phase 1 of construction. The ground-breaking event took place last weekend at Gorni Okol village, in Samokov.

Located just 30 km southeast of Sofia and 25 km from Borovets, Bulgaria’s largest ski resort, OKOL Lake Park will set new standards in the region. Surrounded by beautiful natural landscapes and offering spectacular views to the Iskar Lake and Rila Mountain, the project also offers a rich variety of holiday and family properties for sale.

The main contractor for OKOL’s construction is Markan EOOD, a subsidiary of Markan Holding AD, the capital investor of OKOL Lake Park.

OKOL has also partnered with multiple international companies such as AccorHotels, IMG and European Golf Design.

Valentin Kanazirev, Capital Investor and Visionary of the Project, commented: “We are very satisfied with the project development so far and confident in its future success. Our collaboration with the local authorities and international partners such as IMG, Accor and EGD, started years ago and has already proven to be very fruitful. We are excited to start this journey together with our team, partners and clients.”.

The golf course serves as the centrepiece of the resort and has been carefully placed upon rolling hilltops and natural features and offers stunning panoramic views of the Iskar Reservoir and surrounding countryside. Capable of hosting major international tournaments, the course will be carefully developed and managed, ensuring that it has a positive impact on both the natural beauty and resources of the land, as well as the local communities that surround.

The Phase 1 construction works are scheduled to continue for a period of two years. The opening of the golf course, clubhouse, golf academy, and the five-star Pullman Okol Golf Resort & Spa Hotel with adjacent branded residences, is planned for 2022.

Phase 1 also includes the Okol Linear Park and residential areas with holiday and family homes such as studios & lofts, terraced houses, stand-alone houses and lake-view custom villas. OKOL Lake Park’s first residents will be able to move into their new home in 2022.

Featuring a championship golf course designed by European Golf Design and managed by IMG, 5-star 149 room Pullman hotel and branded residences managed by Accor, luxury spa, extensive event facilities and an array of residential opportunities, OKOL Lake Park will set new standards for both golf in Bulgaria and the Balkan region, in its delivery of healthy, active, golf-integrated living.

IMG Golf Course Services is a global leader in the development, marketing and management of world class golf courses. For more than 25 years, the group has set the standard for excellence in golf club management. IMG’s golf course services team currently provides a diverse range of management and marketing services to more than 20 award winning clubs and resorts. For more information about IMG Prestige, please visit www.imgprestige.com

European Golf Design was established in 1992 as a Joint Venture between the European Tour and IMG. The company has earned a reputation for producing successful resort, members and tournament golf courses, on schedule and within budget. For more information about EGD, please visit www.egd.com