Original Hotel Complex on Admiral Isakov Avenue near the USA Embassy and Yerevan Lake.

Hotel Complex is offered to build on the plot which is located on Admiral Isakov  Avenue, Yerevan, Republic of Armenia. The distance from the USA Embassy to the hotel Complex is 300m. The Embassies of the KDR, Argentina, Egypt, Georgia, UAE, Belorus are in prospects. The district distinguishes some unchallengeable   advantages  particularly   such   as simultaneous vicinity to the centre of the Capital ( 3-4 minutes drive to central square of Yerevan). Absence of town fuss and noise, prospective district from standpoint of literate construction and as an inevitable effect the price of realty will be increased. Isakov Avenue is “The Front Door” to our capital and this highway links Yerevan with International airport “Zvartnots”. The most beautiful view opens through Complex windows to historical mountain Ararat and Yerevan Lake.    .

 Sizes and other properties

The total area of the plot is  714sq.m. Facade along the Isakov  Avenue is  23 m.

Project  description

The Hotel Complex consists of 6    stores and one attic storey, secured by autonomous heating system, ventilation, conditioning. The restaurant , sauna, 31 hotel rooms ( 3 of them are luxury rooms) are planning. There is a parking lot for 13 cars and underground parking for 12 cars.

Required financial means:

plot – 0.5 mln. c/u.

construction amount – 1 mln. c/u.

total amount – 1.5 mln. c/u.

Annual receipts from leasing – 0.6 mln. c/u.

Construction market price – 4 mln. c/u.