Alushta, Naberezhnaya 24
Professorsky Ugolok, Alushta, southern coast of Crimea
A seafront resort complex: a 206-key hotel at an advanced stage of construction, an operating 75-key hotel, a public block with a congress hall and an amphitheatre, a wellness building and direct access to the sea.
Key facts
- 95%main building completion per the 2024 state registry extract
- 206 keysblock A: 13,771 m², 12 storeys
- 5,963 m²public block B: 3 storeys, congress hall
- 75 keysoperating hotel with full board and a beach
- 46,353 m²three plots on 49-year leases, hotel and sanatorium use
- Seafrontpromenade, beach and pier
What the acquisition includes
- Block A · 13,771 m²
- 12 storeys, 206 planned keys. Finishes and furniture largely in place
- Block B · 5,963 m²
- a three-storey public block: congress hall, restaurants, wellness and commercial space
- Amphitheatre
- a venue for corporate, business and cultural events
- 75-key hotel
- operating in the 2026 season: full board, beach, family and sports services
- Historic building · 848 m²
- 23 rooms according to historic records: a hotel renovation or service use
- Wellness building · 695 m²
- a base for a wellness centre or a medical partner
- The shore
- beach AL-18 at the complex’s address and pier No. 171a in the published regional register
- Utilities
- a boiler house, two transformer substations, a pumping station and a reservoir
Plots and buildings
| Cadastral number | Object | Area, m² | Cadastral value, RUB m |
|---|---|---|---|
| Land plots (49-year leases) | |||
| 90:15:010109:287hotel services | hotel services | 7,999 | 87.9 |
| 90:15:000000:1866sanatorium use | sanatorium use | 26,333 | 101.7 |
| 90:15:010109:262tourist services | tourist services | 12,021 | 132.1 |
| Plots total | 46,353 | 321.7 | |
| Buildings | |||
| 90:15:010109:2923hotel complex, blocks A and B; under construction, 95% complete | hotel complex, blocks A and B; under construction, 95% complete | 19,733.9 | 1,064.2 |
| 90:15:010109:3547building, 2 storeys (block 24k) | building, 2 storeys (block 24k) | 3,678.2 | 177.3 |
| 90:15:010109:781building, 3 storeys (historic block No. 2) | building, 3 storeys (historic block No. 2) | 847.7 | 33.3 |
| Buildings total | 24,259.8 | 1,274.9 | |
| Total | 1,596.6 |
Areas and cadastral values per the state register (NSPD), November 2026. Blocks A and B form object 90:15:010109:2923. The wellness building (694.6 m² per the owner) is not listed: its cadastral number is not given in the materials.
Three ways to develop the complex
In every model the operating hotel stays open, the main building is commissioned and the existing facilities are developed. The models differ in audience, access, operator and capital required.
- 01Private club resort
Stays, organised groups and private events within a private perimeter. A single resort operator and in-house wellness.
- 02Open resort and events centre
Congresses, concerts and a regular programme, dining and a commercial promenade for outside visitors. Several specialist operators.
- 03Mixed cluster
A private hotel area and public venues with separate entrances and flows. The base case for further testing.
The undeveloped part of the site allows testing a new phase of 12,000–20,000 m² of saleable resort residences, up to 30,000 m² if planning capacity is confirmed.
The main building as a 4★ family resort and a boutique 5★ building of about 50 keys after reconstruction.
From partner boat trips and sea transfers from the complex’s own pier to a sheltered yacht marina, subject to technical and legal feasibility.
Professorsky Ugolok on the southern coast of Crimea
1 h 20 minSimferopol airport1 hSimferopol40 minYalta SevastopolBakhchysaraiSudakBelogorskPartenitGurzufBalaklavaZuya Alushta, Naberezhnaya 24 The complex stands on the seafront in Professorsky Ugolok, at the southern end of the Alushta promenade, about 4 km from the town centre. Naberezhnaya Street and a beach with breakwaters run between the buildings and the sea; Cape Mayachny lies to the south. Up the slope are the Kastel botanical reserve and Mount Kastel (439 m).
Mount Kastel, 439 mCape Mayachnybeach and piersNaberezhnaya St“Height 70 m” viewpointBlack Sea Naberezhnaya 24 The complex’s territory, 4.6 ha (outline per the owner’s scheme) Professorsky Ugolok is Alushta’s historic resort district at the foot of Mount Kastel. It takes its name from the scientists and professors who built summer houses here in the early 20th century.
The complex stands on the seafront next to the beach and the promenade. A state programme to repair coastal protection along the neighbouring shore may improve the seafront; its link to the site is being clarified.
Financial model and deal terms
The investment memorandum contains a 2027–2037 financial model for each development model, itemised CAPEX, exit scenarios and sensitivities. The materials and title documents are available on request.
- Financial model 2027–2037
- Revenue and NOI by model
- Itemised CAPEX
- IRR, NPV and exit
- Residences and options
- Title and documents
This page is for information only and is not an offer. Financial figures are projections subject to verification: a technical audit and confirmation of rights and operator budgets.
Photos: Wikimedia Commons: Горбунова М.С., CC BY-SA 4.0; V_Sykov, CC BY 2.0; V_Sykov, CC BY 2.0; Екатерина Борисова, CC BY-SA 3.0; Сергей Марцынюк, CC BY-SA 3.0
All investment opportunities
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