The investor Immofinance and Belview Property Management today broke the ground of a new resort housing estate on the island Kolokita, nearby the Bulgarian seaside resort Sozopolis, announced the two companies. The buildings and the housing estate are going to be built in the architectural stile of the Old town of Sozopol, since the concept is the place to offer both luxury and romantic atmosphere. The built-up land area is going to be 88500 m. sq. and is going to include 147 separate properties - small restaurants, shops, houses for one or two families, a luxury hotel with a SPA center, offices and etc. The island is located two kilometers southwards from Sozopol. The investment in Sozopolis accounts for 45 million EUR.