Open Samarkand · Samarkand, near the Registan

Samarkand Garden House

Dividend yield, est.
6.0%
Appreciation, est.
10.0%
Total return, est.
16.0%
Minimum
UZS 1,000,000
Hold period
5 years
Closes
Dec 17, 2026

About the property

A seven-room guest house fifteen minutes’ walk from the Registan, booked whole by travellers.

A house with an inner courtyard, a pomegranate garden and an aivan. After renovation it will have seven en-suite bedrooms and a guest kitchen.

Samarkand receives more foreign visitors than any other city in the country, and the new airport keeps the numbers growing. Whole houses in the old town are rare.

Area
310 m²
Rooms
7
Built
2018
Occupancy
60%
Monthly rent rate
UZS 48,000,000

Why we chose it

  • Walk to the Registan and Shah-i-Zinda
  • Nine-month tourist season
  • Renovation inside the raise

Where the money goes

Purchase price
UZS 2,400,000,000
Renovation and furnishing
UZS 260,000,000
Operating reserve
UZS 50,000,000
Sourcing and closing (UYM)
UZS 96,000,000
Registration, notary, appraisal
UZS 24,000,000
Total raise
UZS 2,830,000,000
Minimum raise
UZS 1,698,000,000

Annual income and costs

Rental income
UZS 345,600,000
Property management
−UZS 62,208,000
Maintenance
−UZS 32,000,000
Taxes: property 1.5%, profit 15%
−UZS 66,148,800
UYM administration fee
−UZS 14,400,000
Paid to investors
UZS 170,843,200

UYM fees

Sourcing feeOne-off, already inside the raise
4.0%
AdministrationPer year of property value, taken from rent
0.6%
Property managerOf rental income
18.0%
DispositionOf the sale price, at exit
2.0%
Secondary marketPaid by the seller
1.0%

Risks of this property

  • Renovation may run late and delay first payouts
  • Tourism depends on flights and visa policy

Offering documents

Property company: ООО «UYM Samarkand Garden House»