Newly Established Hotel for Sale in Bukhara, Uzbekistan

- The project is designed to operate as a 60–80 key upper-upscale boutique hotel in Bukhara Old City.
- Primary products and services will include hotel accommodation, spa and wellness facilities, a heated swimming pool, fitness center, rooftop dining, and food and beverage services.
- Target customers include international tourists, leisure travelers, business visitors, tour groups, and MICE (Meetings, Incentives, Conferences, and Exhibitions) attendees visiting Bukhara.
- The main revenue streams are expected to come from room bookings, spa and wellness services, gym memberships and visitor access, rooftop restaurants serving both hotel guests and walk-in customers, and courtyard bar and dining operations.
- The property's prime Old City location, close to major tourist attractions and upcoming conference infrastructure, is expected to attract year-round demand from both hospitality and dining customers. Tangible assets: 3,800 sqm of freehold land located in the Turki Jandi district of Bukhara Old City, including an approximately 500 sqm cleared plot for future expansion valued at ~ USD 1.2 million; a 6,600 sqm reinforced concrete structure comprising three floors and a full-footprint basement in shell-and-core condition, with ceiling heights ranging from 3–4 meters (2.8 meters in the basement).
Intangible assets: A grandfathered building permit within the UNESCO Buffer Zone construction moratorium area, including rights to expand and modify the development.
An irreplaceable development position within the UNESCO Buffer Zone, where no new permits are being issued; architectural drawings; a feasibility study; and a comprehensive project documentation package. The property comprises a fully built shell-and-core structure located in Bukhara Old City, approximately 300 meters from the main historic tourist center and a 5-minute walk from the Kalon Minaret. It sits on 3,800 sqm of freehold land, including an approximately 500 sqm cleared plot available for additional construction.

The total built-up area is approximately 6,600 sqm across three floors (with certain sections comprising two to three floors, in accordance with Old City height restrictions designed to preserve adjacent historic monuments), along with a full-footprint basement. Ceiling heights range from 3–4 meters on the main floors and approximately 2.8 meters in the basement.

The shell-and-core basement spans nearly the entire building footprint and was purpose-built to accommodate a spa, heated swimming pool, gym, and restaurant facilities. The rooftop features a panoramic terrace with unobstructed views of the Kalon Minaret, making it suitable for two separate restaurants—one serving hotel guests and another with an independent street-level entrance for external visitors.

The property's courtyard layout is inspired by traditional Madrasa architecture. The existing permit allows for further expansion and structural modifications at the buyer’s discretion. The site is located approximately 400 meters from a main road with public transport access.

The property is freehold with a clear title and is not subject to any rental or lease arrangements. The designation change to hotel use is a standard administrative procedure and will be completed upon deal closure. The asset is privately owned freehold property with a clear title and no debts, liens, or mortgages attached to it. The property is owned by three shareholders. The current building designation is being transitioned to hotel use, which is a straightforward administrative process that the seller commits to completing as part of the transaction upon deal closure. The seller is also open to providing partial vendor financing for qualified buyers.