Auction sale of land for building in Samotino, Byala district

A public sale of real estate, owned by the debtor OTINO RESIDENS Ltd. was announced with address in the village of Lonelyno, Byala Municipality, Varna region. The property is land-based with an identifier 65259.25.142, with an area of 28077 sq.m. and is designed for low construction. The starting price for the property is 429 182.64 BGN. There are mortgages on the property in favor of TB Victoriabank AD, as well as various restrictions and burdens. The property falls within the boundaries of a protected zone under the Biodiversity Act. The bidding proposals should be submitted until 06.01.2023 in Varna District Court. Proposals exceeding the starting price by more than 30% shall be invalid. Any bidder can make only one bidding offer. For participation in the tender, companies must also submit a decision at a meeting for the acquisition of property. The bidding offers will be opened on 06.01.2023 at 09:35 in Varna District Court. Reporters must carry an identity card or a power of attorney if they are involved through a proxy. Those who wish to examine the property can do so after prior agreement with the court contractor.

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