The Bulgarian town of Varshets will boast a large spa and balneology complex, to be completed by August 2009.
The complex will cover 5000 sq m with a total built-up area of nearly 15 000 sq m, Pari daily reported.
The plan envisions a five-star hotel and a holiday apartment complex. It will also have entertainment attractions, a multi-functional congress centre and various business facilities.
The region of Varshets is attractive in terms of location and nature, Stascommerce Invest head Dragomir Gatev said.
Varshets is in northwestern Bulgaria and is famous for its healing mineral springs.