Invest profitably: interesting lots from the auction for the sale of state property

Invest profitably: interesting lots from the auction for the sale of state property

The Ministry of Finance and Economy of Turkmenistan has published another list of state property items that will be put up for auction. It will be possible to bargain for them on August 26. ORIENT draws readers’ attention to the most interesting and potentially profitable lots.

Own a whole market

The most tempting articles of the auction this time include large markets with many retail outlets that could be rented out. In total, three markets have been put up for sale into ownership in the Balkan, Lebap and Mary regions (lots 3, 8 and 25, respectively). They were built in 2008-2013, which means they will not require much repair.

The largest and most expensive market is Altyn sahra in Mary. Its area is 1 thousand 335 square meters, and it will cost the buyer 3 million 224 thousand 892 manats. Previously, the facility was owned by the Oguzhan District Consumer Society of the Mary Region Union of Consumer Societies.

Easy going into the hotel business

Another interesting offer from the southeastern region is the Sanjar Hotel for 200 beds, located on the Mollanepes Street in Mary (lot 47). The hotel is old, built in 1986. But this is indeed one of the few chances in Turkmenistan to go into the hotel business for 5.7 million manats.

Reliable agribusiness

Those wishing to reliably invest money in agribusiness can take a closer look at the lemon trees greenhouse of the Hojambaz Consumer Society (lot 12). The facility with an area of 659 square meters will cost 71 thousand 660 manats. Citrus fruits today can be profitably sold to any store or supermarket, as they are in high demand among consumers.

Notice should be taken also of three livestock farms located in the Lebap (lots 29, 30) and Mary (lot 32) regions. The most expensive of these will cost the buyer 2.5 million manats, and the cheapest facility will be 51 thousand manats. The farms are located within different farmers’ associations and were built in the period between 1970 and 1976.