Holiday resort Huhmari went bankrupt last October. The new owner believes that the tourist destination located on the shores of Höytiäinen in North Karelia will be open to visitors already this coming summer.
The former holiday resort Huhmari in Polvijärvi, which went bankrupt, will open to guests already next summer.
The Huhmarisvaara Loma company planned new terraced houses on the shore of the lake before the corona pandemic and severe restrictions hit the accommodation and catering business.
As of 2020, the resort made a loss. Last October, bankruptcy came when the price of energy jumped and the electricity bills were around 200,000 euros.
In Wallin’s opinion, Huhmar’s profitability requires investments in a cheaper energy solution and modern new construction.
– Ellivuori is a good example that such investments can make even a slightly remote place function quite well. In Huhmari, there should be a solution other than direct electric and oil heating, Wallin states.
More affordable forms of energy were investigated in Huhmari already in the 2010s, but the tourism company did not undertake an expensive and long-term investment.
The new owner does not yet have specific plans
During the winter, the electricity has been cut off in Huhmari, except for a few cottages, and there is no water in the spa pools.
Now the bankruptcy estate has sold the main building, a restaurant dug into the rock, almost a hundred rental cabins and about 24 hectares of land. The rest of the forests of about 70 hectares were bought by another party.
The indebted bankruptcy estate ended up making a deal with a real estate management company from Kontiolahti. The parties state that the purchase price is \”less than one million euros\”.
– The area offers many opportunities, the setting is great. The deal didn’t scare me, yes, some of the possibilities will come true, Huoltolink CEO Väänänen believes.
The building stock of approximately 9,500 square meters is in varying condition.
– The main building and some of the cottages were cold during the bankruptcy. There are some renovated cottages, but some need renovation, says Väänänen.
There are also energy investments ahead.
There are no specific plans for the future of Huhmar, but one idea is to combine permanent and leisure living. Huoltolinki is looking for other actors to join.
– Ideas are accepted, what companies have to offer and what people would like to do there, Väänänen reflects.