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More than half of the apartments will be sold during the first stage of the sale process

Koper, 28 June 2019 – The Bank Assets Management Company has concluded the call for binding bids to purchase apartments in the Koprska vrata commercial and residential complex. Between 22 April and 26 May, the Bank Assets Management Company organized an open house viewing period in an effort to sell 162 apartments, with corresponding parking spaces and storage areas. Over 200 valid bids have been placed up until  31 May, with paid security deposits. More than half of the available apartments will be getting new owners.

 

The apartments were offered for sale to bidders placing binding bids. Due to increased buyer interest, the achieved prices were much higher than the initial prices. The first residents will be able to move into their new apartments immediately after the purchase money has been paid in full and the properties delivered into their possession.

Žiga Pfeifer, Head of the BAMC real estate portfolio, expressed satisfaction with the sales thus far: "After the successfully holding an open house viewing period in May, we will be able to sell more than half of the properties in the first stage of the sale process already. Considering the real estate market conditions in the coastal region, the apartments selling in such a short period of time is a great achievement, especially considering the fact that the final bids greatly exceeded initial asking prices. As was the case in the past, during the first stage, buyers expressed most demand in larger units in premium locations, and there was less demand for studio units. For example, in some cases the most attractive apartments fetched over 70 bids. We expect buyers will express interest in the remaining units in subsequent stages of the sale process."

Unsuccessful bidders will have their security deposits refunded by BAMC. Unsold units will be offered to them and other interested parties shortly. The sale process for the remaining apartments in the Koprska vrata complex is expected to continue in September. A public announcement will be posted with sufficient notice, and interested parties will be able to follow the next stages of the sale online at www.koprskavrata.eu.

Many viewings of commercial units in Koprska vrata were also conducted during the open house period. These viewings will continue to be available by appointment which potential buyers can book online at www.koprskavrata.eu, via e-mail at info@koprskavrata.eu, or by calling 01 420 59 14. BAMC will continue accepting non-binding bids on commercial premises until individual units are sold. Due to increased demand for individual premises, BAMC will soon begin a bidding process where bidders will be able to place binding bids.

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Additional information:

The new commercial and residential complex has good road connections and public transport options. Nearby amenities include a kindergarten, school, banks and shops. Residential units located on the upper floors offer large terraces with exceptional views of the city skyline. The operating permit for Koprska vrata was issued in 2013. An energy performance certificate was also issued. Energy performance class: B1 (15-25 kWh/m²a)

Koprska vrata is located in the immediate vicinity of the Koper city shoreline and is near the motorway exit. The complex's modern architectural design makes the residential units suitable for either part-time or full-time occupancy. 164 attractive, modern apartments provide comfort and pleasant living for all generations. The apartments' diverse layouts are located across six floors, ranging in size from 38 to 154 square meters. Over 2,000 m2 of commercial premises for various uses, which can be divided into up to 29 individual units, are available on the ground level of the complex.


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