Golf Business Community

The complex will be the featured attraction of Royal Valley, which will include 66 single-family and vacation houses, a hotel, meeting space, a spa, a wellness center, and the usual recreational amenities. WBA Property Development hopes to break ground on the community in 2013 or 2014, with a nine-hole course set to be built in phase one of construction and an 18-hole course in phase two. Royal Valley will emerge on 375 acres in the village of Maly Slavkov, near Tatras National Park.

WBA hopes the area will eventually become what it calls “a new regional golf destination,” as Royal Valley will be just a short drive from the recently opened Black Stork golf community in Velka Lomnica.

As it happens, WBA also plans to build some houses and a hotel in Velka Lomnica.
WBA was established by Marek Morgenstern, an English-speaking residential developer. In suburban Bratislava, it’s already developed the first of what it hopes will be a national network of communities for seniors (called Seniorville), and it aims to redevelop a brownfield in Nitra.

The company is an affiliate of WBA Holding (Martin Hantabal, chairman), which has offices in Cyprus and Malta.