Commercial real estate near the Ministry of Foreign Affairs in Moscow with up to 10% discount

The Auction House of the Russian Federation (AHRF) will hold an auction for the sale of property of the liquidated Rossiyskiy Kredit Bank - a two-storey building with an attic, an area of 626.5 sq.m., and the right to lease (until 2061) a land plot of 289 sq.m.
The building is in excellent condition and will be suitable for any commercial use, for example, to accommodate a representative office, medical center, boutique hotel or apartment complex.

The object is located next to one of Stalin's skyscrapers - the building of the Ministry of Foreign Affairs of the Russian Federation, 5 minutes from the Smolenskaya metro station.
Address: 30 bldg 3, Smolenskaya-Sennaya Ploschad, Moscow.
The auction is held through a public offer on the electronic trading platform ЭТП РАД – Lot-online in the period from September 24, 2019 to January 28, 2020. During this period of time, the price of the lot will gradually decrease.
The starting price of the object is 180 million rub., the cut-off price in January 2020 will be 160.2 million rub.
The sale is made on behalf of the Deposit Insurance Agency (DIA).

«The investor has the opportunity to buy a mansion at the foot of the Ministry of Foreign Affairs at a price of only 260-280 thousand rub. per sq.m. For the center of Moscow and the object with such characteristics - this is a very attractive price, and we expect high demand for this object.
The asset may be of interest to both the end user and the investor for rent. Taking into account that the premises in this area are always in demand, and rental rates are kept at the level of not less than 35 thousand rub. per sq.m. per year, the investor will be able to recoup the investment for 8 years», - says Natalia Kruglova, Head of Sales in Moscow and Moskovskaya Oblast.