Ever since it was established GEOTECHMIN has been engaged in the field of real estate management, which has lately become one of the most dynamically developing economic sectors in Bulgaria. The activities performed by the group include research, sale and purchase, and marketing of real estate, as well as design, construction and interior planning.

Among the main activities of business unit Real Estate and Investment Projects are the acquisition and renovation, as well as the construction of tourist sites. Examples of such projects are hotel Glazne in Bansko built in 1998 and hotel Skalite in Belogradchik entirely renovated in 2008.

Geotechmin has constructed several residential and office buildings in Sofia. Part of the premises is used as offices by subsidiary companies. The rest are put up for rent. GEOTECHMIN's main office on 9 Lyulin Planina Str. is a modern building well located in the center of Sofia.

In addition, Geotechmin OOD owns approximately 30,000 sq.m. of land in central and strategical parts of Sofia (on Todor Aleksandrov Blvd. and in the vicinity of Sofia Airport), as well as in Bansko and in the villages of Bania and Rabisha; 4,400 decares of farm land most of which in north-western Bulgaria, as well as 440 decares of forests.

The Real Estate and Investment Projects unit also manages estates owned by the group, including 7,000 decares of farm land, 420 decares of forests, and approximately 92,000 sq.m. of terrains in Sofia, Varna, Belogradchik, Koprivshtitza and Berkovitza. Hotels, SPA centers and holiday resorts have been or will be built on these terrains. Furthermore, GEOTECHMIN owns and manages about 520,000 sq.m. of land and buildings situated close to main roads in Sofia, Godech, Berkovitza and Lom regions.

Business unit Real Estate and Investment Projects is constantly making efforts for improvement and for development of new profitable activities in the real estate field. The harsh competition in this sector and the ever growing requirements of buyers, sellers and investors urge the management team to follow the new trends and to ensure the achievement of high results.

CONTACTS

Zlatka Hanamova
Director Real Estate and Investment Projects
Geotechmin OOD
tel.: +359 (2) 9650124
fax: +359 (2) 9526080
e-mail: z.hanamova@geotechmin.com