Golden Palace Hotel in Tsakhkadzor given to state and to be put on auction
26.09.2019,
19:42
At its regular meeting on Thursday, the Armenian government to accept Golden Palace Hotel in Tsakhkadzor as gift and give it to the State Property Committee of Armenia. On November 28, 2018, Armenian Prime Minister Nikol Pashinyan reported that Armen Avetisyan, a former chief of the State Customs Committee, presents his property, Golden Palace Hotel to the state.
YEREVAN, September 26. /ARKA/. At its regular meeting on Thursday, the Armenian government to accept Golden Palace Hotel in Tsakhkadzor as gift and give it to the State Property Committee of Armenia. On November 28, 2018, Armenian Prime Minister Nikol Pashinyan reported that Armen Avetisyan, a former chief of the State Customs Committee, presents his property, Golden Palace Hotel to the state.
Territorial Administration and Infrastructures Minister Suren Papikyan said that the cost of the Golden Palace is estimated at 7 billion 535 million 889 Armenian drams. This is a hotel complex with buildings and constructions of the total area of 19,758 square meters and a land plot of 1.38 hectares.
There are 3,257 pieces of property of the total cost of AMD 312 million, which will be controlled by the police, and AMD 6.5 million will be earmarked for that every month.
Vice Premier Tigran Avinyan said that the government will not be engaged in hotel business.
"The matter will be discussed, but there are already certain offers, which we will consider," he said.
Chairman of the State Property Committee Narek Babayan told journalists that the committee has already received a number of applications, that there are some concerned people and that it is possible to put up the immovable property on auction on a fast track basis and seal a deal within two months.
"I can't say who is interested in the purchase - it is necessary to consider all the offers and understand which is the best," Babayan said. "Along with the property handover procedure, we will start accepting applications and will discuss all possible ways of alienation - through auction or through handover for concession management."
Babayan said that leasing and purchasing offers have already been received.
He said that the hotel complex's cost is assessed at $16.5 million, but offers to purchase it at higher prices have already been received either from Armenia or from Armenians living abroad.
The head of the committee also said that the property is legal, but it has not been used since April, because it has been in the process of handover to the government and in fact, it will be given to the committee just now. ($1 - AMD 476.07). -0—
Territorial Administration and Infrastructures Minister Suren Papikyan said that the cost of the Golden Palace is estimated at 7 billion 535 million 889 Armenian drams. This is a hotel complex with buildings and constructions of the total area of 19,758 square meters and a land plot of 1.38 hectares.
There are 3,257 pieces of property of the total cost of AMD 312 million, which will be controlled by the police, and AMD 6.5 million will be earmarked for that every month.
Vice Premier Tigran Avinyan said that the government will not be engaged in hotel business.
"The matter will be discussed, but there are already certain offers, which we will consider," he said.
Chairman of the State Property Committee Narek Babayan told journalists that the committee has already received a number of applications, that there are some concerned people and that it is possible to put up the immovable property on auction on a fast track basis and seal a deal within two months.
"I can't say who is interested in the purchase - it is necessary to consider all the offers and understand which is the best," Babayan said. "Along with the property handover procedure, we will start accepting applications and will discuss all possible ways of alienation - through auction or through handover for concession management."
Babayan said that leasing and purchasing offers have already been received.
He said that the hotel complex's cost is assessed at $16.5 million, but offers to purchase it at higher prices have already been received either from Armenia or from Armenians living abroad.
The head of the committee also said that the property is legal, but it has not been used since April, because it has been in the process of handover to the government and in fact, it will be given to the committee just now. ($1 - AMD 476.07). -0—
