Cultural heritage sites will be sold together with investment-attractive plots of land.
Cultural heritage sites requiring restoration will be able to be put up for combined auction together with lots that are more attractive to investors, such as residential development sites. A draft law to this effect has been prepared by the Ministry of Culture. Thus, by purchasing a cultural heritage site for 1 ruble and undertaking to restore it, the investor obtains the right to build a new residential building or hotel nearby to recoup the cost.
Pros: saving abandoned monuments.
Risks: threat to the historical environment due to selective development, priority of development over restoration.