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Mall "Monarch Plaza"
Presented: Vitaflex Ltd.
Sector: Development, Commercial real estate, Retail objects
Region: CIS, Republic of Belarus
Investment amount: 32000000 USD
Projects ID: PRJ000284

Presented: Németh Csilla
Sector: Industry, Rural economy, Food industry, Livestock farming
Region: Abroad, Hungary
Investment amount: 5700000 Еuro
Projects ID: PRJ000340

Construction of youth - student hostel
Presented: Yerevan Medical Institute after Mehrabyan
Sector: Development, Culture, Commercial real estate, Hotels, Education
Region: CIS, Republic of Armenia
Investment amount: 2500000 USD
Projects ID: PRJ000362

Construction of the “Magnolia” residential complex in Gelendzhik

ID:PRJ000276 // Update: 2014-05-08 // Hits: 11951

Krasnodar Territory, Russian Federation
Project rating:
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 6 points (6818 votes)
Investment amount:
22 400 000 USD

Presentation aim:

Project description
The total area of the building project will be 39,384 sq.m. The area of the residential part of the building will be 33,721 sq.m., of which the sellable apartment area is 23,867 sq.m. The area of the commercial zone will be 1,076 sq.m. The area of the car park will be 2,719sq.m. (72 spaces).

Project status
Currently, the technical specifications have been finalised and received. Construction work has begun and the foundation pit is complete.
Key economic indicators

  1. Total profit - 19 300 000 USD
  2. Internal rate of return (IRR) - 37 % per annum

Marketing information

This modern residential complex (with air conditioning, lifts and enclosed balconies) with access to the sea (300m by a straight path) will be located in the centre of the Gelendzhik resort zone. The residential complex will be equipped with all the necessary facilities, from a well-cared for beach and an equipped 200-metre embankment to shopping centres and restaurants.

Further information

Our industrial and construction group proposes a range of projects for sites in our ownership. Today, these are some of the most attractive sites in Gelendzhik. Our group is composed of a construction company (8-15,000 sq.m. a year), an engineering company, a footpath concrete producer and a large Gelendzhik estate agent.

Contact information