Bankruptcy manager of HTP “Ulcinjska rivijera” AD in bankruptcy announce international tender for sale of hotel “Grand Lido and apartments Lido”
Pursuant to article 80 of the Law on Insolvency of commercial companies, bankruptcy manager of HTP “Ulcinjska rivijera” A.D. in Bankruptcy
International tender for sale of the hotel.
Bankruptcy manager pursuant to agreement of Board of creditors calls all qualified foreign and domestic investors to submit offers for purchase of the following hotel owned by HTP “Ulcinjska rivijera” AD in bankruptcy, Ulcinj .
Hotel “Grand Lido and apartments Lido”
Hotel “Grand Lido with Apartments Lido” located in Ulcinj at Large beach at lot of cca 95000 m2, listed in real estate list No. 2018 K.O. Donji Stoj. Hotel “Grand Lido” was built in 1967. Total space of hotel is 4167 m2. According categorization is a hotel with 1 star of capacity of 52 two-bed rooms and 4 two-bed apartments with balconies, restaurant of 120 seats, reception and hall at ground floor. Most rooms are air conditioned and connected to satellite TV link.
Beside hotel “Grand Lido” there is restaurant complex of 3023 m2 with two kitchens and restaurants at 2 floors of capacity of 950 seats.
Apartments “Lido” were built in 1967 of total space of 7770 m2. Apartments make 30 blocks with 232 rooms of which 28 blocks with 8 two-bed rooms, one block with 4 apartments and one block with 4 two-bed rooms.
In the complex there are tennis court, restaurant “Pirate village” and storage for beach accessories.
Starting price for above mentioned hotel under 1 is 3,700,000 EUR.
Offers below this stated price will not be considered.
General conditions that should fulfill the offer of potential buyer and way of marking of offers are in Instructions to bidders that are part of Tender – Announcement and they are in Informative memorandum on hotel (hereinafter “Tender documents”).
Potential buyer should to send special request in writing for purchase of tender documents to address stated below. Detail information on process of sale of hotel together with Informative memorandum on hotel will at disposal to interested investors at price of 1,000.00 EUR that are paid to account of HTP “Ulcinjska rivijera” AD in bankruptcy No. 510-367-06 with Crnogorska Komercijalna Banka – branch office Ulcinj.
All administrative and special business connected to this Tender will do HTP “Ulcinjska rivijera” AD in bankruptcy-Bankruptcy manager.
In their offer buyers should demonstrate that they have experience and resources to stated hotel bring to level of international quality standards as well as that they are in possibility to sell capacities of the hotel to foreign market.
Term for submitting the bids for hotel “Grand Lido and Apartments Lido” is October 10, 2006 until 15 hours (local time). Offers are to be submitted to Ministry of tourism to address stated below.
As precondition for submitting of offers it is necessary that potential buyer secures bank guarantee or pay deposit of 100,000.00 EUR to current account of HTP “Ulcinjska rivijera” AD in bankruptcy No. 510-367-06 at Crnogorska Komercijalna Banka – branch office Ulcinj.
Offers do not oblige.
For all questions in connection with this tender it is necessary to contact Bankruptcy manager of HTP “Ulcinjska rivijera” AD in bankruptcy or Ministry of tourism of the Republic of Montenegro at following addresses:
HTP “Ulcinjska rivijera” AD
Bankruptcy manager: Mr. Miomir Jaksic
Tel. + 381 85 411 864
Mob. + 381 69 040 953
Ministry of tourism
Rimski Trg 46 Podgorica
Tel. + 381 81 482 146
Fax + 381 81 234 168
Contact person – assistant Minister Nebojsa Popovic