Occupation Authorities Hand Over Several Cultural Heritage Sites in Yalta and Yevpatoriia for Redevelopment

The occupation authorities' so-called "Ministry of Culture of the Republic of Crimea" has intensified its information campaign aimed at attracting investors to the redevelopment of historical and architectural heritage sites in the temporarily occupied Autonomous Republic of Crimea

As early as November last year, it became known that Russian dictator Vladimir Putin had signed a law establishing a Unified Cultural Heritage Sites Portal intended to preserve historical and cultural monuments. The register includes approximately 1,000 cultural heritage sites located both in Russia and in the Ukrainian territories it occupies. Among them are around ten cultural heritage sites in the temporarily occupied Autonomous Republic of Crimea, which the occupation authorities have granted the status of protected heritage sites.

Later, at the end of 2025, it was reported that the Russian public joint-stock company DOM.RF had announced its readiness to help businesses establish operations in abandoned cultural heritage sites (CHSs). The company was granted the authority to serve as the operator of a state programme providing preferential loans for the restoration of cultural heritage sites.

In cooperation with the Russian Ministry of Culture, DOM.RF offers investors the opportunity to select historic buildings and invest in business projects based on these properties, benefiting from preferential lending conditions and additional forms of state support. In the temporarily occupied Autonomous Republic of Crimea, these investment proposals are promoted by the occupation authorities' so-called "Ministry of Culture" in cooperation with the so-called "local self-government bodies."

At present, particular attention is being directed toward the following sites:

"O. M. Zholnorenko Mansion" (Yevpatoriia);

"N. D. Losyev Seaside Sanatorium" (Yevpatoriia);

"Tokmakov Family House" (Koreiz settlement, Yalta District);

"H. Ye. Ovchinnikov House" (Yalta);

"P. F. Sobolev Maternity Hospital Building" (Yalta).

At the same time, the occupation authorities claim that these historic buildings — whose "restoration" will be supported through preferential incentives for investors — "can be given a new lease on life, possess significant restoration potential, and can subsequently be used for commercial purposes."