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Ceturtdiena 19.07.2018 | Name days: Jautrīte, Kamila, Digna
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Third auction to sell Ķemeri sanatorium fails

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUThis Wednesday, March 26th, the auction that was organized to sell Ķemeri sanatorium did not take place. The reason for this is that no one showed interest to purchase the sanatorium.

Administrator of Ominasis Latvia Ainars Kreics says there was one potential buyer interested in taking part in the auction, but he failed to pay the security fee in time.

It was planned to sell three pieces of land today. One of them holds the building of the sanatorium and movable properties.

The starting price of the auction was EUR 5,037,712.23. VAT is also partially applied to the initial price.

According to the administrator, there was also some degree of interest for the sanatorium from some British investor. This investor was found by the Investment and Development Agency of Latvia. The investor’s condition included the creation of a school in the building of the sanatorium. ‘Because the Law on Ķemeri National Park only allows the use of this building for hotel and sanatorium purposes, it is not legally possible to create a school there,’ – said Kreics.

Kreics says this is the reason the British investor refused to participate further. The administrator admits he is sad about this situation: ‘On one hand, the state wants to preserve the national cultural monument. On the other hand, however, it keeps it to itself and does not allow others to buy it’. He admits it would not be bad to have a school within the complex.

‘Architecture would be preserved and everyone would be happy,’ – said Kreics. He added that the proposed project was very well-made and interesting.

Up until now, interest for the purchase of the sanatorium was expressed from China, Russia, Kazakhstan, Azerbaijan, the UK, Italy and Japan.

The previous attempts to hold an auction to sell the sanatorium took place on December 12th, 2013. It failed for the same reason – there were no applicants willing to take part in the auction.

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