Auction sale of land for building in Baurene, district Krivodol

Public sale of real estate, owned by N.F.I. and G.M.I. 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 is for sale at an initial price of 4 160 BGN. The second property is a regulated plot of land with an area of 657 sq.m, including two residential buildings, garage and secondary building, also located in the town of Koynare. It is for sale at an initial price of 11 920 BGN. Both properties have burdens, including mortgages in favour of different creditors. The public sale procedure involves placing a 10% charge on the starting price, submitting proposals in a printed envelope, signing a protocol and announcing the buyer. The bids may be withdrawn by the end of the working day on the last day of the bidding period. Proposals which do not meet the requirements or exceed the starting price by more than 30% shall be considered invalid. The sale will take place on 04.12.2024 in the building of the Court of Justice in the town of Cherven briag. The bids may increase their price in the presence of the court contractor and other participants. The bider, offering the highest price, becomes a buyer of the property.

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