Public sale of properties in Bulgaria, organized by a contractor of public sales, was announced. The properties offered at auction include various types of real estate such as apartments, houses, agricultural land, shops and others. The description of each property shall specify details such as exact address, square area, property status, starting price and other important features. The public sale procedure includes certain steps. First, a list of the properties to be auctioned is announced. After that, the auction itself shall be carried out at which interested buyers are involved. The properties are sold at the highest price offered, and the winner has to pay a mandatory deposit. After closing the tender, the winner must sign a purchase contract and pay the remaining amount within a specified time limit. If the winner fails to fulfil his obligations, his deposit shall be retained and the property shall be offered to the next bidder in a row. Thus organised public property sales allow for the purchase of real estate at competitive prices and certainly for the legality of the transaction.
This auction had ended 680 days ago , but if you register in Andreshko, you can find similar properties and see all active property auctions for free!