The price of a former school on the lake shore near Vitebsk increased 600 times at auction

В 600 раз увеличилась на торгах цена бывшей школы на берегу озера под Витебском

September 11, 2025

Price of former school on lake shore near Vitebsk increased 600 times at auction

The building of the former school in the village of Sosnovka, located just 5 kilometers from Vitebsk, has attracted great interest from buyers.

The auction was organized by the State Property Committee of the Vitebsk Regional Executive Committee using an electronic trading platform.

The school is a three-story brick building with an area of almost 3000 sq.m., including classrooms, an assembly hall, a workshop, and a sports hall. The territory includes a fountain, a platform, and fencing.

Previously, the school had been offered 8 times at its appraised value and with a reduced sale price, but no buyers were found.

Now it was offered for sale for just one basic unit (42 Belarusian rubles).

There were immediately 3 buyers for this price.

The winner of the auction was a private enterprise from Vitebsk engaged in tool manufacturing.

The sale price was 25 thousand rubles.

Among the sale conditions are the reconstruction of the facility and its further use, or its demolition and the construction of a new facility within three years.

In total, since the beginning of this year, the committee has conducted 96 successful auctions, which has not only put unused real estate into development of the region but also replenished the state budget by 2.940