The Buddha project is built on red-zoned land (C-1) with a building coverage ratio of 65%.

The physical PBG certificate is expected in March–April 2025. In December 2024, we received an email confirming positive consideration of the application.

32 years (until 2056) with a possible extension of 30 years, of which 10 years are guaranteed under the Master Lease Agreement, and 20 years are a priority extension.

The management company is Ribas Hotel Group.

Benefits:
– 55 properties under management
– 1,000 rooms in total
– Qualified staff
– Modern technologies for process optimization
– Effective marketing strategies
– Unique mobile app for investor reporting
– Financial transparency
– Extensive partner network to attract guests

5% of turnover + 20% of net profit. Profits are distributed among owners proportionally to the size of their apartments, with a coefficient based on floor level and unit features.

30 days – 20% of the rate
Next 30 days – 30%
Another 30 days – 50%
After that – 100% of the rate

During their stay, investors do not receive rental income.

– Lobby
– Semi-Olympic swimming pool (25m)
– Restaurant and bar
– Lounge area
– Open-air cinema
– Gym
– Yoga and meditation pyramid
– Underground parking

From $99,000 for a studio with a balcony and jacuzzi on the Ground Floor.

Expected price growth is 25–30% by the end of construction.

The project is primarily designed for investment and short-term tourist rentals. Permanent residence can be discussed individually.