ETHNO-WORLD Cultural and Educational Agrotourist Center

Detail overview

GENERAL INFORMATION

Region

Kaluga Region

Municipality, City, District

Borovsk District

Brief positioning of project

The project idea is creation of a tourism and education format new to Russia. Principal project objectives: — Preservation and maintenance of cultural diversity, creation of areas for high-level business communication, promotion of tourism in the region, satisfaction of demands for commercial real property, rest and entertainment services; - Deriving revenues from leasing trade and office areas, restaurant business, provision of hotel services, spa parlours, provision of premises for holding exhibitions, conferences, business meetings, seminars, trainings, presentations, cultural and educational events. ETHNO-WORLD Cultural and Educational Agrotourist Center is a multipurpose complex of structures in various national architectonic styles which will accommodate hotels, trade and exhibition facilities. The center offers a wide range of additional services: restaurants, cafés, baths, saunas, spa, a sports stadium, exhibition and conference services, a concert hall, a cinema, a library, etc. The ETHNO-WORLD Cultural and Educational Agrotourist Center contains several principal elements, these are ethno-farms, Peace Street trading and exhibition center, a Cultural Center with a tree nursery, an Innovation Center. ETHNO-WORLD center belongs to a segment of country hotel facilities with an advanced culture and leisure program. It will be focused on guests who are interested in cognitive, business, congress, pilgrim and recreational types of tourism. Consumers of these segments are people practically of all ages (schoolchildren, students, businesspeople, persons interested in culture of specific countries, etc.). An advantageous difference of ETHNO-WORLD Cultural and Educational Agrotourist Center will be the opportunity to learn the culture of various countries without leaving the ETHNO-WORLD center.

PLOT

Site TYPE

Unoccupied land

Enterprise (organization) name — owner name

OOO ETHNO-VILLAGE

Legal address

56 Tsentralnaya St., Sovyaki, Borovsk District, Kaluga Region, 249018

Telephone

(495)140-03-34

e-mail

info@ethnomir.ru

Contact Person (Full name)

Melanina, Tatyana Viktorvna

Office

Deputy project manager

Telephone

(495)140-03-34

contact person’s e-mail

trampling-2005@mail.ru

Area

83 ha

Property category of land and buildings

freehold

Extension options

yes

LOCATION

Nearest Industry and/or infrastructure objects

Vnukovo Airport;Balabanovo railway station;Yermolino Airport;Vorsino Industrial Park

Prom: Distance to them (km)

70; 20; 20; 15

Adjacent other objects

Functional monastery of Savior and St. Pafnuty in Borovsk

Other: Distance to them (km)

10

Restrictions

no

Remoteness

Center of the constituent subject

95

Nearest Millionaire City

Moscow

millionaire city — distance km

87

Municipality education building

Borovsk

municipality — distance, km

7

Highways

Moscow — Kiev

highways — distance, km

14

Railways

Balabanovo railway station, Moscow — Kiev railway

railways — distance, km

20

Airports

Yermolino

airports — distance km

20

FACILITIES

Number of structures

no

OWN TRANSPORT FACILITIES

Communication type (motorway)

no

Communication type (railway branch)

no

Communication type (port, landing stage)

no

Communication type (post/telecommunications

no

BUILDING

Commercial development, total

211 504

Commercial development, Hotels, sq. m

120 362

Commercial development, Hotels, price

20 000

Commercial development, Retail, sq. m

35 880

Commercial development, Retail, price

8 750

PROJECT INVESTMENT COSTS

Concept development design

yes

ECONOMIC INDICATORS

Revenue from sales of areas (RUR, millions)

17 483

Accumulated cash-glow for shareholders (RUR, Milli

5 255

Discount rate, %

13,5

Shareholders' own resources (%)

9,66

Требуемый объем инвестицийBorrowed resources (%)

36,64

NPV (RUR, millions)

1 144

Payback time, years

8

Discounted payback time, years

8,5

IRR , %

23,4