Kommersant learned about Abramovich’s interest in a boutique hotel in Gelendzhik

Russian billionaire Roman Abramovich became the founder of two new legal entities in Karelia and Gelendzhik, which can be engaged in the development of hotel facilities, Kommersant found out.

According to the newspaper, at the beginning of February, he founded LLC “UK” Nord Estate “and” UK “Yug Estate”, the main activity of which is real estate management. “The consultants call the location on Lake Ladoga attractive. But with the recoupment of the project in Gelendzhik, most likely, questions will arise, ”the newspaper writes.

One of the interlocutors of Kommersant said that in Gelendzhik the billionaire was interested in creating a luxury hotel asset with a vineyard. According to him, one of the sites he considered included “Chateau de Talu”. The interlocutor of the edition in the wine industry says that the cost of vineyards in the Krasnodar Territory is 2-5 million rubles. for 1 hectare. Based on this estimate, “Chateau de Talu” costs 200-500 million rubles.

Yana Ukhanova, the head of the hotel business department at JLL, believes that the return on investment in a hotel project in Gelendzhik may be questionable, since the season here lasts only five months, and the demand for luxury accommodation is generated only by domestic tourists. “It is likely that the project will be implemented in the format of a boutique project,” she said in an interview with Kommersant.

In turn, three consultants informed the publication about Abramovich’s interest in Karelia. One of them said that the “Nord Estate” Management Company bought a plot on the shores of Lake Ladoga for the construction of a house for the billionaire’s own needs and a high-class recreation complex, which will operate on the principle of a recreation center.

The material is being supplemented.

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