15.01.2009 Karl-Heinz Pfohe: Investments in Bulgaria Offer Good Return Rate
For its 17 years on the Bulgarian market MOTO-PFOHE has been expanding dynamically and has earned itself the reputation of a stable and successful company placing it among the market’s leaders.
The company’s owner Mr. Karl-Heinz Pfohe is one of the first investors in Bulgaria and sets the company’s stable investment policy. For over 17 years the company opened dozens of locations for sale and servicing of Ford, Volvo, Jaguar and Land Rover. In the last few years the name of the company has also been connected with the first mall in Varna – Pfohe Mall. The company’s next big investment project is in the ski resort Bansko and is called Belvedere Holiday Club – a gated development offering luxury apartments and a number of amenities and facilities.
Mr. Pfohe, how did you decide to come to Bulgaria and start a business here?
In 1988 I established some contacts which allowed me to start dealing with cars in Bulgaria. As soon as I arrived I saw the country’s future potential for a steady business.
Are you pleased with your business here?
In the last 20 years Moto-Pfohe developed really well. Today, with over 500 people personnel and a total of 17 branches and dealerships around the country, we are among the biggest car companies in Bulgaria and we continue to develop quite successfully.
Your employees are Bulgarian. Are you pleased with their work? Do you find it easy to work with them?
I am especially proud of my employees – motivated and devoted men and women who see to it that we provide the best possible services to our clients on a daily basis. This is supported by the questionnaires filled in by our clients. The satisfaction level is well above the average for Europe.
Could you tell us what impression Bansko makes on a German? What do you think of the resort, what effect does the mountain have on you? What would you say to your fellow-countrymen or to other Europeans who are interested in Bansko?
I find Bansko to be one of the best winter resorts and ski centers in Europe. The town’s administration managed to preserve the style and atmosphere of the town by controlling the issuing of construction permits for new residential units and hotels.
With its 65 km of ski slopes, state-of-the-art facilities and amenities Bansko is among the finest and best positioned European winter resorts.
What is the difference between Bulgaria’s ski resort of Bansko and the mountain resorts in Austria and Switzerland? Does Bansko have the necessary qualities to rival the globally recognized winter resorts?
The comparison is in favor of Bansko due to the fact that this Bulgarian ski resort offers new holiday homes and hotels which have been built in accordance with the latest fashion and standards. They are far more modern and comfortable compared to the somewhat aging buildings in Switzerland and Austria which were built decades ago. The same goes for the sports facilities, the quality of the lifts and the tow-lifts. However, above all Bansko offers the charm of the Bulgarian hospitality which is missing in the ski resorts in Austria and Switzerland. The years of dealing in tourism there has somewhat decreased the genuine pleasure of receiving guests as if receiving them in one’s home.
What is the advantage that you will point out to the potential buyer interested in the possibility of owning a unit in Belvedere Holiday Club? What were the ideas that you implemented during the design and construction stages of the development?
Belvedere Holiday Club offers numerous possibilities for sport and relaxation all year round. With its wonderful location in close proximity to the Gondola and to the mountain Belvedere Holiday Club is without doubt the best and most spectacular gated residential development in Bansko.
Read the whole interview
Belvedere Holiday Club
Read more news
www.novinite.com, March 27, 2014
The construction of Sofia Tech Park will start in May or June and will finish by end of 2015 or beginning of 2016, said its executive director Elitsa Panayotova.
At the place of the old barracks at Tsarigradsko Shosse boulevard in Sofia will be built 11 laboratories, which will develop scientific research, solve business problems and will serve as an incubator for startup companies... read more
Bulgaria’s property market is officially recovering from the ravages of recession, after recording house price growth over the last three months.
According to brokers, a total of 220,000 property transactions are now completed annually which equates to 19,000 sales per month with an average price of around €50,000, an increase of 15% in July alone.
Most popular prope... read more
BULGARIAN PROPERTIES Head of Operations and Property Research Polina Stoykova gave an interview for the Bulgarian National Television about the situation on the property market in Sofia.
The real estate agency reported a significant growth in the number of real estate deals in the capital after the crash in the construction industry in 2008. The first signs of recovery were noticed ... read more
Website: contents BULGARIAN PROPERTIES, design HOTDRINK, concept BONONIA, programming and database EBPW.
All photos, texts, video clips, charts and banners on our website are property of our company or of our partners and are protected by the Copyright Act of the Republic of Bulgaria. Any unauthorized use of photos, texts, videos and other materials from our website by third parties will be subject to immediate claim on the part of the copyright owners. The information on our website is with information and advertising purposes. Alhtough we have made all efforts to provide accurate information, there may be some mistakes. For full and correct information is considered only the information received at the offices of Bulgarian Properties Ltd.