Luxury Real Estate in Sochi Lists Restaurant Valued at Over a Billion Dollars
Mountain Retreat Eatery Hits the Market
Browse: Photo Bank KP
The enchanting "Chalet" restaurant in Sochi's quaint village of Estadok is up for grabs, with a staggering price tag of a billion rubles. Listed on a popular free classifieds platform, this unique eatery stands out as one of the priciest on the catering scene.
This 1200 sq. meter gem boasts spacious terraces, a cozy five-person pavilion, and a picturesque pond teeming with sturgeon and trout. The main hall accommodates a grand 370 guests, while a seven-car parking lot offers added convenience. Currently, the restaurant operates on a rental basis, with rental costs of 3.76 million rubles monthly - an appealing prospect for investors seeking passive income.
The real estate market in Sochi is awash with extravagant offerings. In 2023, a four-bedroom apartment in the Hostinsky district of Sochi was put up for sale for a whopping 1.8 billion rubles, earning the title of "the most expensive apartment" in the city [1].
A three-level penthouse with its own pool and sophisticated interior continues to linger on the market, having been advertised for over a year without a price reduction.
On the more budget-friendly end, a studio apartment by the Black Sea can be yours for just 6.8 million rubles - a modest offering without a sea view.
[1] Real Estate Market in Sochi
In the expansive real-estate market of Sochi, the Chalet restaurant, with its grand facilities and prime location, represents a lucrative investing opportunity in the finance sector, considering its monthly rental income of 3.76 million rubles. This is also evident in the fact that a four-bedroom apartment in the Hostinsky district was available for an astonishing 1.8 billion rubles, demonstrating the high-value real-estate landscape in the region.
