For sale offered 7-storey hotel on the Black Sea coast with beautiful views.

On 31st of August at the facility of the Auction House of the Russian Federation there will be held an auction for the sale of 100% of shares of LLC Avicenna-Sochi, which owns the Hotel building with an area of 3.8 thousand sq. m and a land plot with an area of 1.4 thousand sq. m.
The Hotel located in Central District of Sochi, near the main transport artery of the city – Kurortny Avenue. In close proximity the main culture and rest places are located: parks, concert halls, shopping centers, restaurants, cafes and others. Besides, at walking distance there is a beach of the Black Sea, which will be seen from the windows of the hotel rooms.
Address: 9, building 1, Ordzhonikidze Street, Sochi.
Starting price – 240 million rubles.

For today the Hotel is at the final stage of construction (95% of readiness).
Connection to all engineering systems (heating, water supply, electric power supply, sewerage) is available.

There are 48 rooms in the Hotel (of budget class, classic and suites) with the areas from 24 sq. m to 80 sq. m.

The Hotel located in tourist center of the city, the main surroundings are residential complexes, sanatoriums, hotels, as well as parks, cafes, restaurants, stores and others.

For detailed information about the object of sale please see the website of the Auction House of the Russian Federation (AHRF)