Cost of the Lastochka Recreation Centre is reduced to 50%
The sale is carried out on behalf of LLC SB Invest.
The biddings will be held in Dutch format (a descending price auction).
The starting price of the recreation centre – 299 million rubles – can be reduced during the auction to 149.9 million rubles, i. e by 50%.
The Centre is located in Novomikhaylovskiy Village in a unique solitary bay, from three sides surrounded by hills and a forest. In a distance of 4 km there is M4 Federal Highway (Moscow-Krasnodar).
The Centre consists of residential and office buildings with a total area of 8,000 sq. m, as well as a land plot with an area of 24.7 ha, extended towards the Black Sea coast. An own beach with a length of 500 m with a pier are available.
A design capacity of the Centre is 1,200 people.
“Investors, first of all, are interested in the plot itself, on which the Lastochka is located. A unique location and natural and climatic characteristics allow to construct there a modern hotel and entertaining complex, aqua park, SPA centre, apartments or cottages for temporary staying”, – comments Olga Zheludkova, Head of Department for Work with Troubled and Non-Core Assets of Banks of the AHRF.
For detailed information about the Object of sale please see the website of the Auction House of the Russian Federation (AHRF)