Public sale of real estate owned by the debtor I.I.N. The property is a land property with identifier 10135.2517.4951, located in Varna, Primorski rid region. The area of the property is 8639 sq. m. and is urbanized for construction. The starting price for the property is 673 200 BGN. On the property there is a mortgage in favor of "Bulgarian Development Bank" AD for the sum of 3 750 000 BGN, as well as other burdens. The sale will take place through a public tender, which will be held in the building of Varna District Court. Participants must provide a registration number, identity card or power of attorney if they participate by proxy. The bidding proposals must be in writing, placed in a sealed envelope, with numbers and words content and must be accompanied by an application for tender and an import note for the envelope. According to the legislation, the bids can only make one bidding offer. Offers with a price below the starting price or more than 30% of the starting price are invalid. Companies with limited liability wishing to participate in the tender require a decision of the General Assembly to acquire property, notary certificate of signatures and other documents. Those who wish to examine the property can do so after prior agreement with the court contractor. The bid will be held at the specified date and time in the office of the District Court of Varna.
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