Investors and potential property owners have a unique opportunity to acquire assets at significantly reduced prices. The Ulaanbaatar Court Enforcement Office, in collaboration with the Development Bank, will hold a forced auction on November 22nd, 2024.
This open auction aims to settle debts by selling various properties, including:
- Serviced Real Estate: A 3,780 square meter serviced plot and another 4,380 square meter serviced plot, both located in the 6th district of Chingeltei District.
- Commercial Center: A large 50,000 square meter commercial and service center situated in the mouth of the 4th team of Sergelen Sum, Central Province.
- Mineral License: A special mining license covering an area of 25.94 hectares in Shawart, Nalaih District.
- Residential Land: A sizable 30,000 square meter plot of residential land located in the No. 2 district of Nalaih District.
Significant Price Reduction:
Following relevant laws and regulations, the starting price for all auctioned assets will be a remarkable 50% below their official market value. This translates to a substantial opportunity for potential buyers to acquire valuable properties and licenses at a considerable discount.
Open Format and Participation:
The auction will be conducted openly, offering equal opportunity for all interested citizens and enterprises to participate.
Interested in Participating?
For those interested in learning more about the specific details of each asset and the auction process, you can visit the following websites:
- Ulaanbaatar Court Enforcement Office website: http://www.niislel.cd.gov.mn
- Ulaanbaatar Court Enforcement Office Facebook page: www.facebook.com/niislel.cd.gov.mn
This forced auction presents a rare chance to acquire valuable assets at a fraction of their market price. Don’t miss out on this opportunity – visit the provided websites for more information and get ready to bid on November 22nd!
