Colliers International appointed property managers and re-letting agents of The Balkan Jewel

Balkan Property Investments, a Dhalia-led consortium of Maltese investors, have appointed Colliers International as property managers for The Balkan Jewel - a residential development in the idyllic Razlog Valley, near the ski resort of Bansko in Bulgaria.

Colliers International would be responsible for managing and maintaining The Balkan Jewel upon completion of construction and finishing.

Colliers International is a global affiliation of independently-owned real estate services firms. The organization employs 9,327 employees worldwide and has 241 offices in 54 countries. Colliers International is no newcomer in Bulgaria. It has been active in this new EU member state since 1991 and has become the unquestionable market leader in providing comprehensive real estate services. In Bulgaria, Colliers have two offices in Sofia and Varna which together employ over 70 professionals.

Speaking about the appointment of Colliers International Bulgaria as property managers/re-letting agents, Dhalias Chairman and CEO, Mr. Franco Valletta stated that the consortium is pleased to associate The Balkan Jewel development with Colliers International. This cooperation agreement with Colliers, one of the worlds leading real estate services providers, certainly adds more credibility to the intentions of the consortium to develop a first-class destination. Colliers have agreed, after careful assessment of the project, to incorporate The Balkan Jewel in their portfolio of projects. Given Colliers decision to manage a number of projects that in total would not exceed 1,000 apartments, we feel privileged to note that 160 of these 1000 units represent The Balkan Jewel. Colliers would assume responsibility for all aspects of property management, including maintenance of common areas, reception and security services, and general administration of the complex. The end-buyer would no doubt benefit from Colliers wealth of experience and top quality service.

Spread over 7,500 m2 of land, The Balkan Jewel would comprise 160 apartments, and includes various amenities namely: restaurant, outdoor swimming pool, mini market, gym, sauna, steam room and underground parking facilities. The mix of apartments includes studio, 1- and 2-bedroom apartments, most of which enjoy stunning south-facing views of the Pirin Mountains and an 18-hole golf course designed by Ian Woosnam (Ryder Cup captain 2006).
 

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Darko Strnisa Malta Property Investments

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