Russian billionaire, Sergei Polonsky, puts five-star Sungate Port Royal hotel in Turkey for sale

Polonsky purchased the lavish five-star Sungate Port Royal hotel in Antalaya, Turkey for $340 million but it is being reported that he may be willing to sell for a bargain price, possibly as low as half that number. So for all those who have managed to save a few billions, this hotel would definitely be a great buy for you. The hard hit Russian has been so badly affected that he has also been quoted as saying that he will be selling his yacht and a mansion along the Cote d'Azur in order to put money into Mirax, his real estate development company.