Cost of land plots for private housing construction on the Baltic Sea shore in Kaliningrad Region is reduced by 20%

18.01.2016
Cost of land plots for private housing construction on the Baltic Sea shore in Kaliningrad Region is reduced by 20%

On 29th of January the Auction House of the Russian Federation (AHRF) has scheduled the Dutch auction on behalf of LLC Specialized Bunker Terminal “Yantarny”.
For sale as separate lots offered two land plots with an area of 18.7 and 28.4 in Povarovka village of Kaliningrad Region, in 7 km from the resort town Yantarny (Amber), where more than 90% of world reserve of amber are concentrated.
In the given area it is possible to construct a low-rise residential complex with inclusion of social infrastructure facilities.
The minimum price – 24 million rubles and 36.4 million rubles.


The territory located in the area with good transport accessibility. Today the village is dynamically developed, low-rise residential complexes are being constructed.

“The plots offered for sale have all necessary conditions for comfortable living – nearby educational institutions, stores and so on located; there is a possibility of creation of individual descent to the Baltic Sea.
Another advantage of the Object is good transport accessibility and, at the same time, remoteness of major highways.
Taking into account the given advantages, an investor could carry there out a profitable project of low-rise residential development, recreation center or health complex” (Olga Zheludkova, Head of Department for Work with Troubled and Non-Core Assets of Banks).

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