Russia to auction favoured Yeltsin hideaway

Fri Mar 18, 2011 10:49am EDT
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MOSCOW (Reuters Life!) - On sale soon to the highest bidder: Boris Yeltsin's favorite dacha.

The Kremlin is auctioning off a vacation spot much loved by the late Russian president, a lakeside hotel complex in the woods of Karelia, east of Finland, complete with covered tennis court, sauna, boathouse and boiler room.

Starting price: 285.6 million roubles ($10 million).

The Shuiskaya Chupa resort complex will be offered for sale on April 15, the presidential administration's property management department said.

Yeltsin, who died in 2007, would often spend down time at Shuiskaya Chupa, 680 km (420 miles) north of Moscow, during his decade as president.

Both Yeltsin's successor, Vladimir Putin, and current President Dmitry Medvedev seem to prefer Bocharov Ruchei, an ornate residence much further south in Sochi, on the Black Sea.

The state is selling the property because it is no longer needed, according to the news site The presidential property department could not be reached for comment on Friday.

The resort includes a three-storey hotel, a two-storey house and four cottages. According to, it features heated floors, crystal chandeliers and a billiard room.

The buyer will get the furniture, artworks and pretty much everything else inside the concrete wall that surrounds it, including the wall.   Continued...