Auction sale of farmland in Ugarchin, district Ugarchin

There is a public sale of several real estates owned by M.D.O. Ltd, with address in Sofia, Triaditsa, 68 Vitosha Blvd. The properties are distributed on plots with different identifiers and are located in the city of Ugurchin, Lovech region. The first property is forest territory with area of 17798 sq.m., starting price 11 488.80 BGN. The second property has an area of 2001 sq.m., starting price 1 608.80 BGN. The third property has an area of 7000 sq.m., starting price 4 149.60 BGN. The fourth property has an area of 13223 sq.m., starting price 7 716 BGN. The fifth property has an area of 8555 sq.m., starting price 5 496 BGN. The sixth property has an area of 4166 sq.m., starting price 2 231.20 BGN. The seventh property has an area of 4167 sq.m., starting price 2 232 BGN. The eighth property has an area of 1700 sq.m., starting price 750.40 BGN. The sale will take place in Lovech District Court, from 27.09.2023 to 27.10.2023, ending on 30.10.2023. Protocol will be drawn up on 30.10.2023 in the presence of the bids. A property view may be carried out after prior arrangement with the Private Judicial Contractor between 10:00 and 16:00. A deposit of 10% of the starting price presented in the original is required for participation in the auction. The biders submit their proposals in a sealed envelope with a receipt for the deposit submitted. Offers for a price below the starting price and exceeding it by more than 30% are invalid. Each bidder must present a Declaration of origin of his funds under the law on measures against money laundering. The proposals are submitted to the office of the District Court - Lovech. The property keeper is M.D.O. Ltd, represented by the manager V.M.A. Esteve.

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