The accommodation is located in the heart of the Soviet Union and was opened by the Ukrainian government.
And it already has visitors booked for this week.
It is just nine miles from the nuclear disaster site that decimated the area in 1986, The Telegraph reports.
The hostel has 50 beds for adventurous travellers but is set to expand to accommodate 102 people.
State administrator Svetlana Grishchenko said that eager guests from the US, Denmark and New Zealand have already booked rooms for this week.
But its not the only accommodation in the site, as there are other buildings and hotels that can house visitors.
One famous hotel, Hotel Pripyat, offers rooms in an old fashioned “Soviet style.”
It advertises: “All the rooms are simple, in the Soviet Style. All the visitors are provided with the ironed, starched linen stamped by Chernobyl special industrial complex, some soap and a towel.”
The area around Chernobyl has been made into an exclusion zone. But visitors are allowed into the 1000 square mile cordon with permission.
Bizarrely, it attracts hoards of tourists who want to see the city of Pripyat.
Visitors are screened before they enter the exclusion zone and are told not to sit down or touch things.
The nuclear site’s reactors are under a concrete and steel sarcophagus housed in 16 tons of uranium and plutonium and 30 tons of dust, The Telegraph reports.
The Chernobyl disaster highlighted the dangers of this type of energy.
On April 26, 1986 a number four light water graphite moderated reactor at the Chernobyl Nuclear Power near Pripyat underwent an unepected power surge during an emergency test to shut it down.
The power surge led a reactor vessel to explode and erupt into a fireball that sent plumes of smoke over the area.
Over 49,000 people were evacuated in the wake of the disaster, but the fallout from it led to at least 64 deaths as of 2008.
However, The Chernobyl Forum predicts the ultimate death toll could be as high as 4000 among those exposed to the radiation.