- Chelsea owner Roman Abramovich has bought a new £17.1m property
- He has bought Tel Aviv’s Varsano Hotel to convert into his Israeli home
- The hotel is listed as a preserved building and covers 1,500 square metres
Roman Abramovich has bought Tel Aviv’s Varsano Hotel for 100million Israeli shekels (£17.1m).
The
Chelsea owner, who frequently visits Tel Aviv on business, is expected
to convert the 19th century building into his Israeli home.
Covering
1,500 square metres, the hotel complex is listed as a preserved
building. It consists of a main building with a large lobby, dining room
and two studio suites, and six more bedrooms in three separate villas surrounded by gardens.
Roman Abramovich has bought Tel Aviv’s Varsano Hotel for £17.1million as he splashes out on the property
The Chelsea owner frequently visits Tel Aviv on business and has splashed out on the luxury £17.1m property
The hotel complex, which Abramovich bought, is listed as a preserved building covering 1,500 square meters
Chelsea owner Abramovich is buying the Varsano Hotel from local businessmen Guy and Yaron Varsano
Abramovich finally got his wish after trying to buy a home in the Neve Tzedek quarter of Tel Aviv since 2008
The
purchase includes an adjacent car park, which is already zoned for and
has approval for additional building, and will enable Abramovich to
expand the premises.
Abramovich
is buying the Varsano Hotel from local businessmen Guy and Yaron
Varsano - the latter is married to Israeli and Hollywood actress Gal
Gadot (SuperWoman).
Abramovich
has been trying to buy a home in the fashionable Neve Tzedek quarter of
Tel Aviv since 2008 when he had a $30m (£20.5m) bid for Chelouche
House, formerly the neighbourhood school, turned down.
Neve
Tzedek was built in the late 19th century north of Jaffa, and links the
ancient port to Tel Aviv’s financial district, which was built in
1906.
Chelsea's billionaire owner Abramovich (right) pictured with his partner Dasha Zhukova previously
Russian billionaire and owner of Chelsea Abramovich pictured with his girlfriend Zhukova in May 2013
Abramovich owns five luxury homes and a mega-yacht as he continues to grow his impressive empire
Until
the 1980s the area was full of slum properties but in recent decades
gentrification, together with the Israeli high-tech start-up boom, have
seen Neve Tzedek become one of Israel’s most expensive quarters.
Businessman
Eyal Kamir and real estate agent Oren Katz are understood to have
brokered the deal, and Tel Aviv law firm Yigal Arnon & Co acted on
behalf of Abramovich. Journalists who phoned the Varsano Hotel were told
that it is not taking any more bookings.
Abramovich and his wife Dasha Zhukova, who are both Jewish, are frequent visitors to Israel.
Only
last year, Abramovich made headlines by booking all 111 rooms in an
Israeli hotel in the Negev desert to entertain his guests during the
Passover holiday, and over the past year he has invested in four Israeli
companies. Now Abramovich can host guests in his own hotel.
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