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Asset 05 · Waterfront Cluster

Northern Shore, plots 55A and 55B

A medical and recreational programme at the water

Konaev, northern shore of Kapchagay

15.6070 haArea
On requestInvestment guide
Joint venture with an operatorIndicative structure
Northern Shore, plots 55A and 55B
01

About the asset

Two adjoining plots on the northern shore of the Kapchagay reservoir: 9.6138 ha and 5.9932 ha, 15.6070 ha in total. The programme is oriented towards medical, recreational and waterfront uses.

02

Location

Connected to the region’s business centre via the Almaty — Konaev highway.

  • Konaev centre10 min
  • Almaty — Konaev highway600 m
  • Almaty, business centre1 hour
  • Coordinates43.8815, 77.0908
03

Development concept

The split into two plots allows functions to be separated: the larger block for the main programme, the smaller for supporting uses or a second phase. Proximity to the waterline drives the orientation of any development and requires separate assessment of water-protection restrictions.

04

Market rationale

The Kapchagay shoreline is designated in regional development plans as a recreational and tourism zone. The asset is intended for partnership with a specialist operator in the medical, resort or wellness sector. Demand capacity and seasonality remain subject to confirmation.

05

Parameters

Plot 55A9.6138 ha
Plot 55B5.9932 ha
Total15.6070 ha
Development typeMedical, recreational and waterfront programme
StageLand assembled; development concept in preparation
Potential GBAUnder preparation
CAPEXUnder preparation
GDVUnder preparation
Water-protection restrictionsSubject to due diligence
06

Transaction structure

Potential models of participation, presented for discussion. None is an agreed arrangement; the final structure is subject to negotiation and due diligence.

Joint venture

A shared company with contribution, management and outcome allocated between the parties.

Operator partnership

Engagement of a specialist operator — hospitality, medical or logistics.

Direct acquisition

The investor acquires the asset and develops it independently.

Development partnership

Landowner, developer and capital partner combine their capabilities in a single project.

07

Investment highlights

  • 01Direct frontage to the waterline on the northern shore of Kapchagay.
  • 02Two adjoining plots allow functions to be separated and delivered in phases.
  • 03Ten minutes to the city, one hour to the Almaty business centre.
  • 04Structured for partnership with a specialist operator rather than independent development.
08

Risk and due diligence

Final development parameters are subject to technical, legal, financial and market due diligence. Figures marked "Under preparation" have not yet been calculated and must not be relied upon as a basis for an investment decision. The delivery timeline of state development programmes in the region is a separate risk factor. Full documentation is provided during due diligence following execution of an NDA.
Interested in this asset?

Request the investment memorandum

We will send detailed materials on the asset and discuss a possible model of participation. Data room access opens after an NDA is signed.