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The former school building in the village of Sosnovka, located just 5 kilometers from Vitebsk, has attracted significant 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 playground, 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 base value (42 Belarusian rubles).

Three buyers were immediately found 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 no more than three years.

Since the beginning of this year, the committee has conducted 96 successful auctions, which has not only put unused real estate into regional development but also replenished the state budget by 2.940 million rubles.

The committee has scheduled almost 100 auctions for the sale of unused state property in the near future. More than half of the properties are offered for sale with an initial price equal to one base value.

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