Currently, there are several entrepreneurs who continue building in Zlatni pyassutsi (Golden Sands) and St Constantine and Elena resorts, near Varna. New construction embraces primarily SPA centres and apartment complexes on the site of former state or factory-owned recreational compounds.
Apartments complexes have superseded Zlatna kotva (Golden Anchor) and Yalta hotels in Zlatni pyassutsi and Silistra-based meat-processing company Mekom has invested in a complex spreading on the plot of Siniger (Titmouse) hotel.
In the St Constantine and Elena resort there are mainly residential buildings with flats offered for sale. Vselena Jsc-Varna is developing an apartment complex on the site of the former St Elena hotel. Sofia-based Korsi-5 is awaiting a building permit for the plot of the demolished Sana hotel. Rai Stroy company is constructing a housing building.
St Constantine and Elena holding also intends to erect a new hotel for the next holiday season on the site of the bulldozed Chernomorets hotel.
