Abramovich to build house in historic district of Tel Aviv

Abramovich to build house in historic district of Tel Aviv
Roman Abramovich

Earlier, the oligarch became a citizen of Israel because of problems with obtaining a British visa.

Architects Moran Palmoni and Iftah Vosk prepared a plan for arranging a land plot in the historic district of Tel Aviv, Neve Tzedek, which Russian billionaire Roman Abramovich bought in 2015. The area of the acquired plot is 1.5 thousand square meters, RBC reports, referring to the Israeli newspaper Yedioth Ahronoth.

The mansion will rise in the middle of one-story buildings included the list of the protected architectural items of the municipality and the hotel. The territory adjacent to the villa will be landscaped, and the historic buildings will be restored, since it is forbidden to demolish them. In one of the mansion’s rooms art exhibitions will be held.

Abramovich's mansion will have two floors and is planned to be built so that it does not interfere with the architectural appearance of the historic district. The building will not be a palace, Marcello Incellini, CEO of Franchi Real Estate selling real estate to foreigners assured.

Forbes ranks Abramovich the 11th in the list of the most wealthy Russian businessmen. The publication estimated his fortune at $ 10.8 billion. In 2018, Abramovich received Israeli citizenship, which gave him the opportunity to visit the UK without a visa.

Tags: Oligarchs
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