Lifestyle

Public Auction for State-Owned 19th Century Villa in Attractive Location

Public Auction for State-Owned 19th Century Villa in Attractive Location
Ministry of Spatial Planning, Construction and State Property

October 25, 2022 - For the first time, the state will offer real estate hunters in Croatia an oral public auction for some of the valuable properties from its portfolio. A public auction will be held at the Ministry of Spatial Planning, Construction and State Property on November 21. The villa which will be auctioned is in a very attractive location in the elite Tuškanec area of Zagreb, and it is known as the Stejskal Summer House.

As Poslovni writes, the villa was built in 1888 by the industrialist Ferdinand Stejskal, the founder of the brick factory in Bedekovčina, which is still operating today. Potential buyers can view the villa at Nazorova 72 before the auction. It consists of a house with an area of ​​182 square metres, with split-level apartments in the basement, ground floor and first floor. They will be, however, sold together as a whole. The villa also boasts a little more than a thousand square metres of garden.

In addition to being neglected, the building also has limitations due to the fact that the conservator's approval must be obtained for renovation, as the villa is part of the Historic Urban Complex of the City of Zagreb and is subject to the provisions of legal protection and preservation of cultural assets.

Due to the attractive location of the property, there is a lot of potential. The number of contestants who will enter the race to buy will become more apparent after the deadline for submission of applications to participate in the auction, which is on November 11 at 11:59 p.m.

In the Ministry headed by Ivan Paladina, only those candidates who pay a guarantee in the amount of HRK 748 thousand, i.e., 10 per cent of the initial price of HRK 7.48 million, will be invited to tender.
The auction step will amount to HRK 20,000, and the highest offered amount in three rounds, i.e., the highest last offered price, will be selected.

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