Awbud negotiates with Minde contractorship for PLN 57 M net of a four star hotel in Międzyzdroje

Planned investment

On February 23, Awbud signed a letter of intent with Minde Company concerning the construction of a hotel complex in Międzyzdroje (Zachodniopomorskie Province). The price of the contract is currently being negotiated. Awbud has offered to build the complex for 57.34 million PLN net, while the investor's budget has been established at 55 million PLN net.
Minde has prepared the construction of the "By The Sea Resort" apart-hotel complex with over 300 four-star rooms in Międzyzdroje. The complex will also include conference, medical and spa facilities. The hotel will be located at the seaside, in the area of Promenada Gwiazd and Campingowa streets. Architectural guidelines have been prepared by Bielanis Architektura. According to the court registry, Minde's shareholders include persons who manage the Gryf hotel-health resort complex in Kołobrzeg. ■

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Polish Real Estate Market
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