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Property in Ukraine, property for sale
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Ref No: W943
Region: West
City: Luts'k
Area: 16200 sq. meters
Garden: no
Price: USD 13,770,000 SELLING PRICE
Price: € 9,241,611
Price: £ 6,885,000
Basic location: City. Commercial properties. Investment offers.
Published on: 04.01.2007 09:41.59
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Description of Property
Trading-recreational complex in Lutsk! Close to border with EU! Trading ways and perspective region!
The property is presented as modern 3-floor trading-entertainment center with total area of 16 200 m2 with developed infrastructure. This complex has a very beneficial geographical location and is situated on the cross of transport nets close to the center of the city. It is located in the city of Lutsk. The city is an administrative center of Volyn region of Ukraine. The region has a population of about 1 100 000 people. This region has a well developed industrial, agricultural, trading potential. The region has common borders with Poland and Belarus. The road Warsaw - Kyiv comes through the region.
The complex is presented as 3 floor building. On the first floor of the building it will be very convenient to locate a supermarket. The rest of the area is planned to be used for multifunctional complex with restaurants and cafes, Movie Theater, bowling, carting-center etc. The building consists of 3-floor monolith establishment with the area of each floor of 5400 m2. All necessary communications are connected to the real estate. Around the trading center a parking for the 900 cars places is planned to be built. The area of parking will include 1.5ha. The property price is 850 USD per m2. The cost will include: improvement of embankment and organization of parking lot per 700-800 parking places, as well introduction of all necessary communications (water, sewerage system, gas, electricity, fire reservoir if necessary), waterproofing tie, reconstruction of this building for trading-recreational complex and registration of land rent for the term of not less than 10 years.
Location and Local Attractions
The property for sale is located in Lutsk, Volyn region.
Show city description
Luts'k city description
About the city and region
Lutsk is the administrative, cultural and industrial center of the Volyn' region. It is situated on the Styr river in the North-Western part of Ukraine. The city is designated as its own region withing the region. The population of the city for today counts for about 206 000 people. According to the legend about the city formation Lutsk was founded in the VII-th century. Hence the first documented reference origins 1085 year. The city used to be a capital of Halych-Volynia until the foundation of Volodymyr-Volynsky. The city was erected around a wooden castle built by a local branch of the Dynasty of Ruriks. At times the stronghold was a capital of the duchy, but since there was no need for a proper capital in medieval Europe, the city did not appear to be an important centre of commerce or culture. In 1240 the closely located town was seized and looted by the tatars, but the stronghold was didn't fail. In 1321 George son of Lev, the last of the line, died in a struggle with the forces of Lithuanian Dukes and the fortress was seized by the forces of the latter. In 1349 the town was captured by the forces of Kasimir II, but it was soon retaken by Lithuania. Places of interest - Two castles (the Upper Castle dated by the 13th century and the Lower Castle - by 14th century)
- Catholic Cathedral in the city (erected in 1610 as a church, was reconstructed in 1781)
- Orthodox cathedral (erected in 1755 as a church and monastery)
- Several monasteries, both Catholic and Orthodox: 17th and 18th century)
- Two XVIth century Greek-Catholic churches
- Fortified stronghold (Little Castle, 15th century)
How to get there Lutsk is about 400 km away from Kyiv city. You can get there by train for about 40 hrn or you can also take a mini-bus that will bring you right to the destination.
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