No bidders for Hotel Zarea: privatisation to be relaunched
No one applied to buy Hotel Zarea in central Chisinau, offered at a starting price of MDL 106 million. The Public Property Agency will relaunch the sale.
No investor applied to buy Hotel Zarea in central Chisinau. The application deadline expired on 19 October, and the auction set for 20 October did not take place. The Public Property Agency (APP) says it will relaunch the procedure.
The starting price was MDL 106 million, with a MDL 10.6 million deposit required from bidders. The sale was announced on 19 June with an auction originally set for 20 August, and the deadline was then extended by two months. The hotel at 4 Anton Pann Street has 12 floors, 137 rooms, a conference hall and a café, and remains in operation.
No applications were filed for the chemical company Izomer, the publishing and printing company Știința or the Lumina publishing house either. Earlier this month, the tender for the Chisinau Glass Factory also drew no participants. APP has not yet announced new auction dates.
What it means for you
- The hotel keeps operating — bookings and events are not affected by the failed auction.
- Investors interested in property in central Chisinau should watch for APP’s new notice, as conditions may be adjusted.
Source: Bani.md, 20.10.2026