Vitebsk Regional Property Committee: 142 real estate objects and 111 industrial sites are offered to investors free of charge

The "Vitebskoblimushchestvo" Committee, together with district executive committees, has identified a list of properties within the region that can be offered to investors free of charge for the implementation of investment projects, or by sale at auction with an initial price equal to one base value.

It is precisely the sale at auction for a base value that is the most sought-after method of involving unused property in economic circulation – thus, in 2022, two-thirds of the properties sold at auction found new owners.

Among the unused real estate properties offered to investors, the largest number are social real estate objects – there are 78 of them. These are former kindergartens and schools. However, based on former schools, investors in the Vitebsk region manage to organize production – sewing, woodworking, peat briquette production, and other areas.

 

Compared to last year, the number of real estate properties offered to investors has significantly increased and amounts to 142 properties – last year, 109 properties were offered.

The largest number of offered properties are located in Vitebsk – 15. These are properties of the former "KIM" sewing factory on Gorky Street. On the same street, properties of the former fruit and vegetable depot are also offered. Properties of a greenhouse complex on the Starobabinovichsky tract, a repair workshop in 1st Keramzitovy Lane, buildings of the Vitebsk Housing and Communal Services Department on Leningradskaya Street, and others are also offered.

A number of real estate properties are offered in Gluboksky and Orshansky districts – 12 properties each.

A new list of industrial sites for the creation of new and expansion of existing production facilities has also been identified for investors. This list currently includes 111 sites in the region.

More detailed information about the lists and photographs of the properties can be found on the committee's website.

List of social real estate properties for investors.

List of industrial real estate properties for investors.

List of proposed industrial sites.