The auctions will be conducted by the Unit of Reverted Property (UABR) of the Ministry of Economy and Finance.
In January, the UABR will auction two low-density residential lots, located in the community of Margarita, in the Atlantic region, for an amount close to $ 122.342.
In February they will conduct eight auctions, with values is in the order of $ 11.6 million. The auctioned houses and lots are located in Espinar, Davis, Margarita, La Boca, Albrook and Valle de San Francisco (on the road by the Centennial Bridge) where three mixed-use commercial high-density urban lots are located .
In March 2011, the assets auctioned will be six residential low density lots for an initial bid of $ 845.399.
Among the goods auctioned will be a 6,256.67 square meter square building with an estimated value of $ 1.2 million.
The Ministry of Economy and Finance in Panama is to auction two lots located in the Community of Cardenas and another in the community of Balboa.
Auctions are for the sale of:
PLOT No. CA02-1, land area of 9937.07 MTS2, LOCATED IN THE COMMUNITY OF CARDENAS, Ancon, district and province of PANAMA WITH LAND USE – INSTITUTIONAL SERVICES HIGH INTENSITY NEIGHBORHOOD (Siv3), RESERVE VALUE FOR BIDS (OFFERS AND COUNTEROFFERS): $2,519,047.25.
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