Owners of "near-Olympic" housing facilities in Sochi will not be able to use them during the Games

The owners of the apartments in the city-resort of Sochi, located near the future Olympic objects, will be restricted in their rights to use their real estate property during the 2014 Winter Olympic Games. In January-March 2014, their apartments will be handed over to the Sochi-2014 Organizing Committee.

Under the request of the International Olympic Committee (IOC), by 2014, Sochi should provide a total of 41,467 hotel rooms (beds) to the guests and participants of the Olympics. Some 20,000 rooms will be built within the programme of Olympic construction.

They have already started selling apartments in the complexes, promised to be commissioned in 2012-2014. With regard of Sochi's obligations to the IOC, the real estate in the "near-Olympic" resort complexes will be sold with encumbrances. The cost of apartments with encumbrances does not differ from the cost without them.

The housing with encumbrances will be sold in the sports and tourist complex "Mountain Carousel", where they plan to build 2200 apartments at the height of 540 meters and 220 apartments at the height of 960 meters above the sea level. In the lower complex the price starts from 100,000 roubles per square meter, the newspaper "Vedomosti" writes.

Most likely, this selling scheme will be applied also at the resort "Rosa Khutor" and in the Olympic Village in the Imereti Lowland, the "FilterNews.ru" edition writes.