Hotel Rodina in Sofia Put Up for Sale at 12 Mln Euro

Hotel Rodina in Sofia Put Up for Sale at 12 Mln Euro

Indebted four-star hotel Rodina in Sofia was put up for sale again at a starting price of 22.72 million levs ($15.9 million/11.6 million euro), value added tax (VAT) included, a public auction notice showed.

Bids for the 46,805 square metre Rodina hotel can be placed from March 7 until April 7, a notice published on the website of the Bulgarian Chamber of Private Enforcement Agents last week indicated.

The winner will be named on April 8.

Three attempts at the sale of the hotel last year proved unsuccessful. At the first auction, the starting price was set at 44.4 million levs, which was later cut to 35.5 million levs and then to 28.4 million levs.

In January local newspaper Capital Daily said the hotel's debts total 9.6 million euro.  

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.