Moscow: the Mayor sells the wonderful National Hotel

Moscow: the Mayor sells the wonderful National Hotel

The value of the building is comprised between 50 and 120 million euros

 

The mayor of Moscow – Serghjei Sobjanin – has decided to sell the marvellous Hotel National, one of the jewels of the Russian capital, located in the immediate vicinity of the Red Square, the Kremlin and St. Bazil’s Cathedral.

The intention to sell the five-star hotel to private individuals has been put down in black and white in the 2011-2013 privatisation programme drawn up by the Muscovite mayor, but no other information has been released about the real estate transaction. Real estate experts say the value of the legendary building is comprised between 2 and 5 million roubles – 50-120 million euros. Prices are kept secret and the people responsible for the sale do not reveal whether there is already a potential buyer or not. Of course, it is not easy to find the investor who can afford to buy the hotel that is considered a historical landmark of Moscow, since its history is connected with the history of the city and Russia.

The hotel was built in 1903 by the famous Russian architect Alexander Ivanov in magnificent Art Nouveau style. Before the 1917 Revolution the hotel accommodated royal families, business tycoons, foreign diplomats, artists, rich merchants and important politicians. Later, it became the “First House of the Soviets” and the residence of the Bolshevik government: Vladimir Lenin stayed in room No 107 before moving to the Kremlin.

The National Hotel is one of the oldest hotels in Moscow and has been renewed many times. The latest restoration was completed in 2008.

The hotel has more than 200 guest rooms, 56 of which are suites equipped with authentic period Russian objects such as exceptional paintings, mirrors and lamps. The furniture was conceived to make guests feel like queens and kings. Today, it offers state-of-the-art technologies and up-to-date comforts such as Wi-Fi internet connection, satellite and cable television, indoor swimming pool, Jacuzzi, steam bath, sauna and solarium.

The National Hotel was awarded the title of Leading Hotel of the World thanks to its grandeur, elegance and first-class facilities and boasts spectacular views over the Kremlin and the Red Square.

Read the following articles to learn more about the real estate market of Eastern Europe:

-          Porto Montenegro: Luxury is now affordable to everyone

-          First-rate investments at low prices in Hungary

-          Slovenia: Excellent investment opportunities close to first-rate spas and ski resorts

-          Live in Bratislava and work in Vienna

-          Lithuania: buyers of the ground area catch benefit

-          

Real Estate Listings

Cod. 37089

For sale Manor Farm, Russian Federation, Moscow, Moscow, Москва

1,200,000.00USD
For sale
Manor Farm

3000 m²
House for sale in a beautiful style. 10 km from Moscow Ring Road southwest. Departures on the Kaluga highway, Warsaw highway. Section 21 weaving, Hous...
Cod. 36703

For sale Beach Resort, Russian Federation, Moscow, Moscow, 6023 Alcoy, Cebu

72,859.20USD
For sale
Beach Resort

91 m²
The time is now! Caused by the strong rise of the Dollar, there is now a unique occasion to be a co-owner of a luxury and most beautiful Beach Club. ...
Cod. 36524

For sale Villa, Russian Federation, Moscow, Moscow, afineevo

474,432.00USD
For sale
Villa

230 m²
This classic Russian wooden villa is located in Afineevo, one of the oldest and most beautiful villages in the Moscow region on the pictorial of the p...
OWNER. Auction. Offered for sale a beautiful apartment in a prestigious area of Moscow. The apartment has 4 rooms with high quality finishes. Natural ...
1 / 7
  1. Preferences

    For a better use of Realigro website, set your preferences for language, currency, square meters or sq ft.

    Set now Don't show again
BB