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With golf course development reaching the point of saturation in North America and many of the traditional golfing countries, investors and golf course developers are looking to "underdeveloped" countries in Europe and Asia for greener pastures.

Bulgaria is just such a country. On the verge of entry into the EU, Bulgaria's development promises to be rapid and significant in the very near future. And that goes for the development of the infrastructure required for extensive travel - airports, highways, hotels, tourist destinations, and golf courses.

Currently there are only two golf courses listed on GolfEurope.com:

Ihtiman Golf Club - the original Bulgarian golf course. Ihtiman Golf Course is rated by the rating committee of USGA. 18 holes, 6345 yards, rating is 71.3 and slope 131 from the back tees.

Sliven golf course was opened on May 24th, 2004. It is a par 71, 6563 yards. It features spectacular views to the Balkan mountain.

The strategy of the Bulgarian Golf Federation is to gradually build more golf courses throughout Bulgaria. Golf courses in Razgrad, Varna, Burgas, Plovdiv and Sofia are in the planning stages.

Other developers are also planning golf course developments as part of larger tourist and accommodation projects.