Core Insights - A hotel property located in the 5A-rated tourist area of Jingpo Lake in Mudanjiang is being auctioned on the Alibaba asset platform, starting at a price of 46.8 million RMB [1][4] - The hotel, designed in the shape of a dragon, has a total construction area of over 25,000 square meters and is situated near the world's largest volcanic lava dam lake, making it a unique investment opportunity [2][4] Property Details - The hotel property has a total building area of approximately 23,053 square meters and is built on a land area of about 45,949 square meters, featuring an international conference center, mountain-view and lake-view rooms, a recreation center, and dining options [2][4] - The starting auction price translates to approximately 2,030 RMB per square meter, with a required deposit of 3 million RMB for bidders and a minimum bid increment of 500,000 RMB [4] Auction Process - The auction commenced on August 28 and will continue until October 27, with a 24-hour countdown triggered by any bid placed before the deadline [5] - As of September 1, over 480 individuals had viewed the auction page, with 8 setting reminders, but no bids had been placed yet [5] Historical Context - Previous auctions of properties within 5A-rated tourist areas have occurred, including a Ming Dynasty ancient house and a century-old villa, indicating a trend in the auctioning of unique properties in these locations [6][8] - A notable sale involved a villa in Xiamen's Gulangyu scenic area, which was successfully auctioned after multiple attempts, highlighting the potential for unique properties to attract buyers despite initial challenges [8]