The Ukrainian entrepreneur, the founder of K.Fund, and the majority shareholder of UDP development company (Kyiv), Vasyl Khmelnytsky has sold his land plot with a villa located on the beach near the Chkalov sanatorium in Odesa, an informed source in the Odesa real estate market has told Interfax-Ukraine.

According to its data, the buyer was local businessman Volodymyr Halanternyk, who owns a number of other real estate facilities in the city.

According to available information, it is planned to make a high-quality institution for competition with the existing nightclubs in Arkadia from the unfinished villa of Khmelnytsky.

"I sold it in early spring to an Odesa resident with the hope that Odesa citizens will find a common language among themselves," Khmelnytsky said.

At the same time, he refused to name the buyer and the value of the transaction, citing the confidentiality of its terms.