The history of the hotel began in 2005 with the privatization and the transformation of a kommunalka, i.e. a communal flat (socialist congregative multifamily unit divided in bedsits). Since then in total 11 flats have been bought rehousing their owners and subsequently converted in hotel rooms.

Today there are 38 rooms located between the first and fourth floors of a four-storey building of the late 19th century. The renovation and fitting out of the “Roses” hotel rooms in line with modern standards takes place continuously.

The group of companies “Granat” carried out the following works for the privatization and renovation of the building and the hotel’s opening:

  • Rehousing the communal flats owners;
  • Demolition, reconstruction and assembly;
  • Substitution of the electrical, gas, water, sewage, ventilation and air conditioning systems;
  • Elevation of the attic floor (1 500 sq.m.);
  • Project design, expertise, authorization;
  • “Turnkey” fitting out of the rooms.

  • Total area of the building: 5 413,3 sq.m.
  • Area of the commercial premises on the ground floor and the basement: 954,9 sq.m.
  • Area managed by the “Granat” group: 1 802,7 sq.m.
  • Area still to be converted: 2 655,7 sq.m.
  • The renovation of the remaining flats for the enlargement of the hotel up to a total of 80 rooms is under way;
  • There are currently 38 rooms in the hotel, and other 7 are under construction;
  • Physically already exists and is going to be registered the attic of 1500 sq.m., built by us to host studio apartments with 600 sq.m. of terrace and panoramic view. The attic area is to be added to the total area of the building of 5 413,3 sq.m. (i.e. overall 7 513,3 sq.m.)

The investment aim lies in the expansion of the “Roses” hotel area up to that of the entire building through the purchase of the remaining flats.

The apartments are registered in the Investor’s name with the subsequent signature of the long-term lease contract with the “Granat” group.

Investment options:

  • Purchase of communal flats to be restored

The advantage of this option lies in the possibility of paying in installments in line with the stages of the privatization of the housing unit.

NOTE: during the privatization process the Investor in exchange for every single installment paid obtains always in his name a corresponding portion of the flat.

  • Purchase of restored and functioning readymade flats.

 

Interest payment options:

  • In any case the Investor as Lessor stipulates a lease with our Management Company “ROSES”, the Lessee, for a minimum of 5 years with relative registration at the Federal Service for State Registration, Cadastre and Cartography (Rosreestr).
  • In the case of the flats to be privatized and restored, the Investor begins to receive the rent only 12 months after the start of the investment, i.e. after the period necessary for the privatization, restructuring and fitting out.
  • In the case of readymade flats, the payment of the rent begins 3 months after registration of the property in the Investor’s name.
  • The amount of the rent depends on the invested sum and is paid in Russian rubles.

About the project

The history of the hotel began in 2005 with the privatization and the transformation of a kommunalka, i.e. a communal flat (socialist congregative multifamily unit divided in bedsits). Since then in total 11 flats have been bought rehousing their owners and subsequently converted in hotel rooms.

Today there are 38 rooms located between the first and fourth floors of a four-storey building of the late 19th century. The renovation and fitting out of the “Roses” hotel rooms in line with modern standards takes place continuously.

The group of companies “Granat” carried out the following works for the privatization and renovation of the building and the hotel’s opening:

  • Rehousing the communal flats owners;
  • Demolition, reconstruction and assembly;
  • Substitution of the electrical, gas, water, sewage, ventilation and air conditioning systems;
  • Elevation of the attic floor (1 500 sq.m.);
  • Project design, expertise, authorization;
  • “Turnkey” fitting out of the rooms.
Main features of the project
  • Total area of the building: 5 413,3 sq.m.
  • Area of the commercial premises on the ground floor and the basement: 954,9 sq.m.
  • Area managed by the “Granat” group: 1 802,7 sq.m.
  • Area still to be converted: 2 655,7 sq.m.
  • The renovation of the remaining flats for the enlargement of the hotel up to a total of 80 rooms is under way;
  • There are currently 38 rooms in the hotel, and other 7 are under construction;
  • Physically already exists and is going to be registered the attic of 1500 sq.m., built by us to host studio apartments with 600 sq.m. of terrace and panoramic view. The attic area is to be added to the total area of the building of 5 413,3 sq.m. (i.e. overall 7 513,3 sq.m.)
For Investors

The investment aim lies in the expansion of the “Roses” hotel area up to that of the entire building through the purchase of the remaining flats.

The apartments are registered in the Investor’s name with the subsequent signature of the long-term lease contract with the “Granat” group.

Investment options:

  • Purchase of communal flats to be restored

The advantage of this option lies in the possibility of paying in installments in line with the stages of the privatization of the housing unit.

NOTE: during the privatization process the Investor in exchange for every single installment paid obtains always in his name a corresponding portion of the flat.

  • Purchase of restored and functioning readymade flats.

 

Interest payment options:

  • In any case the Investor as Lessor stipulates a lease with our Management Company “ROSES”, the Lessee, for a minimum of 5 years with relative registration at the Federal Service for State Registration, Cadastre and Cartography (Rosreestr).
  • In the case of the flats to be privatized and restored, the Investor begins to receive the rent only 12 months after the start of the investment, i.e. after the period necessary for the privatization, restructuring and fitting out.
  • In the case of readymade flats, the payment of the rent begins 3 months after registration of the property in the Investor’s name.
  • The amount of the rent depends on the invested sum and is paid in Russian rubles.
Gallery