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CALL TO SUBMIT BINDING BIDS FOR THE PURCHASE OF LAND PLOTS in SOFIA, Bulgaria – DUTB ID 105080

​The subject of the agreement referred to in this call for binding bids to purchase land plots in the vicinity of the airport in Sofia, Bulgaria – DUTB ID 105040 (hereinafter referred to as: "the Call") - are the following real estate assets, which are being sold as a unit and are owned by Družba za upravljanje terjatev bank, d. d., company registration number 6339620000 ("Seller"):

  1. Land plot with cadastral identification number 68134.8600.1401 (six, eight, one, three, four, point, eight, six, zero, zero, point, one, four, zero, one) with area 47 230 (forty-seven thousand two hundred and thirty) square meters
  2. Land plot with cadastral identification number 68134.8600.1405 (six, eight, one, three, four, point, eight, six, zero, zero, point, one, four, zero, five) with area 38 173 (thirty-eight thousand one hundred seventy-three) square meters 
  3. Land plot with cadastral identification number 68134.8600.1407 (six, eight, one, three, four, point, eight, six, zero, zero, point, one, four, zero, seven) with area 44 535 (forty-four thousand five hundred thirty-five) square meters
  4. Land plot with cadastral identification number 68134.8600.1338 (six, eight, one, three, four , point, eight, six, zero, zero, point, one, three, three, eight) with area 34 913 (thirty-four thousand nine hundred and thirteen) square meters
  5. Land plot with cadastral identification number 68134.8423.308 (six, eight, one, three, four, point, eight, four, two, three, point, three, zero, eight) with area 6 469 (six thousand four hundred sixty-nine) square meters  
  6. Land plot with cadastral identification number 68134.8600.1330 (six, eight, one, three, four, point, eight, six, zero, zero, point, one, three, three, zero) with area 2 216 (two thousand two hundred and sixteen ) square meters 
  7. Land plot with cadastral identification number 68134.8600.1329 (six, eight, one, three, four, point, eight, six, zero, zero, point, one, three, two, nine) with an area of 1 418 (one thousand four hundred and eighteen) square meters

With this Call, the potential buyer (bidder) is also made aware of the following:

  • that the subject of the agreement shall be sold and purchased on an "as is" basis;
  • that the subject of the agreement is mortgaged to Družba za upravljanje terjatev bank, d.d.  in accordance with mortgages listed in Appendix 1 to this Call (Appendix 1 is part of the documentation which can be consulted in in accordance with the 3rd paragraph of Point 7 of this Call). The seller will arrange for a mortgage clearance confirmation to be issued immediately after the signing of the preliminary contract and lodging of the motion to clear the mortgage from the Property registry. Motions for freezing orders have also been lodged to the burden of the subject of the agreement, as listed in Appendix 1. The Seller is not obliged to ensure the deregistration from the Property register of the freezing orders as they are non-opposable to the Buyer and protect its rights and interests within the meaning of item 3 of Interpretative Decision No. 1/2015 of the General Assembly of the Civil and Commercial Colleges of the Bulgarian Supreme Court of Cassation;
  • that the purpose of use of the subject of the agreement is agricultural;

Bidders must submit their binding bids by certified post, enclosed in a sealed envelope addressed to: Družba za upravljanje terjatev bank, d.d., Davčna ulica 1, 1000 Ljubljana, marked: "DO NOT OPEN - BID FOR THE PURCHASE OF LAND PLOT IN SOFIA, Bulgaria - DUTB ID 105080".

The net indicative asking price of the subject of the sale is set at EUR 9,621,370.00 + associated 20% tax. 

The deadline for submission of binding bids (bidding deadline) shall be 11 February 2020, at 11:59:59.


The Seller shall consider only substantively complete binding bids to purchase the subject of the agreement, signed by the bidder, submitted by completing the form "BINDING BID TO PURCHASE THE COMPLEX OF LAND PLOTS IN SOFIA, BULGARIA - DUTB ID 105080" (also referred to as the "Form" for the purposes of this Call).

The Form is available at the following address:

https://nepremicnine.dutb.eu/en/realestate/Land.v5/ad3173727.html?sort=vdesc#cnta


The following two documents shall be considered a mandatory and essential component of the bid and a condition for its substantive and formal completeness:

  • Duly completed Form (Appendix 3 hereto),
  • Confirmation of payment, which must state the date of payment.

The bidder must make a 50,000.00 EUR security deposit in earnest (hereinafter referred to as "Security Deposit") within the bidding deadline, specifically no later than the time the bid is submitted (confirmation of payment of the security deposit, indicating the payment date, is a mandatory enclosure to the Bid), remitted via bank transfer to the Seller's transaction account no. SI56 2900 5 1319 162, Unicredit Banka Slovenija d.d., reference no. "105080-company registration number or birthdate", with the additional payment purpose specification "SECURITY DEPOSIT FOR THE PURCHASE OF THE COMPLEX OF LAND PLOTS IN SOFIA, Bulgaria, DUTB ID 105080"), as an essential element of the bid, as a mandatory requirement for the validity of the bid and the bidder's eligibility in the bidding and sales process. 

Within thirty (30) days of the Bidding Deadline, the opening of the binding bids shall be performed by a three- (3-) member committee sitting at the seller's headquarters. The opening of binding bids shall be public. The Seller plans to notify bidders about the time and place of the opening of binding bids within three (3) business days of the expiry of the bidding deadline. 

Potential bidders may obtain additional information regarding the subject of the agreement by contacting hte seller's representative Andrej Filipič, tel. +386 01 429 34 79 or 040 424 060, email andrej.filipic@dutb.eu, during business days 9am-3pm, up to and including 07 February 2020.




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