Auction sale of land for building in Koynare, district Cherven bryag

Public sale of two real estates owned by N.F.I. and G.M.I. has been announced. The first property is an undeveloped plot of land with an area of 633 sq.m., located in the town of Koynare, municipality of Cherven briag. The property has an initial price of BGN 5 695 and a tax assessment of BGN 2700. The second property is a regulated land property with an area of 657 sq.m., including two residential buildings, garage and secondary building. It is also located in the town of Koinare and has an initial price of 15 680 BGN, with a value of 3986 BGN and a tax assessment of 4242.90 BGN. Property has different burdens, such as mortgages and bans in favour of different creditors. The interested may review the documents for the sale in the RS-Red Bank business or the properties on site in the town of Koynare at certain days and hours. For participation in the bidding, a 10% bid on the starting price is required. The biders can submit their proposals in a sealed envelope in the register of the Regional Court - town of Red Beach. The sale ends at the end of the working day on the last day of the term. The price proposals below or above the starting price by more than 30% are invalid. On 13.06.2023 at 13:30 in the building of the Court of Justice in the town of Cherven Bryag a protocol will be drawn up and the buyer will be announced. In the event that one of the bids offers a higher price with the size of one call, the procedure shall be repeated three times. The highest offered price determines the buyer of the property.

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