In Cappadocia, 8 properties linked to a famous hotel put up for auction

Properties including the hotel, restaurant, spa, and pool areas linked to the Cappadocia Cave Resort SPA in Uçhisar have been valued at approximately 499 million liras.

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A foreclosure sale process has been initiated for 8 properties linked to the Cappadocia Cave Resort SPA, located in Uçhisar, one of the most important tourism centers of Cappadocia. In the sale notice published by the Nevşehir Enforcement Office, the total estimated value of the properties put up for sale due to a mortgage was stated as 498 million 900 thousand 701 liras and 50 kuruş.

The properties covered by the sale include structures housing hotel sections, restaurants, spa areas, and pools. The notice stated that the movable assets located within the hotel are not included in the mortgage and will not be considered within the scope of the sale.

One of the notable properties on the list is the hotel section located on an 800-square-meter plot in the Yukarı neighborhood of Uçhisar. It was reported that this section, which has three floors and a total building area of 1,300 square meters, includes 25 hotel rooms as well as a restaurant, spa center, Turkish bath, sauna, massage and beauty rooms, gym, terrace, and indoor and outdoor pools.

According to the expert report, the rooms, which vary in size between 25 and 40 square meters, feature bathrooms, bathtubs, and jacuzzis. An estimated value of 85 million 294 thousand liras has been set for this property, which is described as using natural stone and wood materials and is located approximately 200 meters from Uçhisar Castle.

THE HIGHEST VALUE ASSIGNED TO TWO PLOTS

The highest estimated value on the sale list was announced for two plots in the Tekeli area of Uçhisar. A value of 181 million 256 thousand 462 liras was assigned to the two properties, which have a total size of 970 square meters.

The expert report stated that these properties include 27 hotel rooms, as well as a cafe, restaurant, outdoor and children's pool, spa center, massage rooms, gym, Turkish bath, salt room, and sauna. It was noted that the total area of the structures is 2,390 square meters.

The first and second auctions for the total of 8 properties are planned to be held electronically in September, October, and November. The dates for the tenders, detailed specifications of the properties, and terms of sale will be announced via the UYAP E-Sales system.