On August 14, the Instituto Costarricense de Electricidad will be auctioning 17 properties located in different areas of the country.
Two of the properties to be auctioned are located in San José, one in Heredia, three in Alajuela, one in Cartago, two in Los Santos, one in Liberia, and seven in Tilarán.
"...The total base price of the auction exceeds $2 million.These are plots of land belonging to the ICE and Compañía Nacional de Fuerza y Luz (CNFL) that will generate good income and also savings in operating and maintenance costs," explained Francisco Garro, corporate manager of Administration and Finance at the ICE."
An auction has been announced of a piece of land measuring 80 thousand square meters which has mixed-urban center land use, within the village of Veracruz, Arraiján district.
Panama Government Purchase 2016-0-16-0-15-SB-011848:
"To award public goods in auction,first call, the sale of plot No.
From August 26 to September 30 eight properties will be auctioned, including one in Albrook and another in Davis, with starting prices of $1.4 million and $3.2 million respectively.
The auction of Lot AL02-40, located in Albrook and which has a total of 4,456 square meters is scheduled for August 26, and the starting value for bids is $1.4 million.Land use for this property is commercial mixed urban-high intensity.
In the remainder of July lots will be auctioned in Gamboa, Llanos de Curundú and Farfan, for $500,000, and in August lots will be auctioned in Albrook and Howard, for $2.5 million.
A call has been made to participate in the auction of property located in Punta Paitilla, owned by the Venezuelan company Seguros Constitución, which was taken over in August 2015.
The Superintendency of Insurance in Panama reports that the auction will be held on June 15, with a base price of $3.4 million. The property to be auctioned is commercial premises number 5 on three storeys, located in the Plaza Paitilla Mall on Avenida Balboa, Calle 56-A, Punta Paitilla, town of San Francisco.
The Reverted Property Unit will be auctioning lots in August for residential or commercial development in Gamboa, Margarita, Davis and Espinar, in the Atlantic sector and in Farfan and Ancon on the Pacific.
From a statement issued by the Ministry of Economy and Finance:
The Administrative Unit of Reverted Properties (UABR) under the Ministry of Economy and Finance, will resume public auctions of property in August, said Luis Felipe Icaza, Executive Secretary of the Company.
The Savings Bank will auction two lots with R2D2 zoning located between the North corridor and the residential complex Villa de Las Fuentes 2, in Betania.
Both lots measure 10.7 hectares and include R2D2 zoning, ie they are suitable for housing. Companies interested in acquiring these lots may submit their letters of nomination up until February 9.
The Administrative Unit of Reverted Properties expects to auction 87 properties this year, with reference prices ranging from between $150,000 and $47 million.
Two of the properties which are soon to be auctioned are located in Llanos de Curundú, three in Margarita, two in Gamboa, two in Los Santos Province, one in Farfán and three in Veracruz. The reference price for these first auctions range from between $29,000 and $500,000.
The Ministry of Economy and Finance in Panama will be auctioning a plot of land measuring 18,615 square meters located in the community of Clayton, Ancon.
Panama Government Purchase 2014-0-16-0-08-SB-007835:
"Public Goods Auction No. 57-2014, First Call, Sale for granting land Lot No. CL02-24 with a land area of 18,615.05 m2, located in the community of Clayton, Ancon district and province of Panama, Medium Density Residential Zoning - Medium Intensity (R2D2) Estimated Value B / 2,114,669.68, Starting Value of Bids (Offers and Counter offers) B / 2,326,136.65. "
The decision of whether to sell the event center after three failed attempts to auction it will be left to the incoming government.
According to Law 22 on public procurement, after three attempts at an auction the state should proceed to selling the property for $62 million, ie 50% of the original sales price. However, it will be the government of Juan Carlos Varela which will assess and decide whether to continue with the sale process or follow suggestions from the business community about the value that the state could find in this piece of infrastructure in the promotion of trade and culture.
The Ministry of Economy and Finance in Panama is auctioning two plots located in Sector de Condado del Rey, Corregimiento de Ancón, with reference prices of on $8740.000 and $7,162,000.
Panama Government Purchase 2014-0-16-0-08-SB-007187:
"PUBLIC AUCTION, FIRST CALL, FOR THE SALE OF PLOT CN01-5, WITH A LAND AREA OF 36,983.53 MTS2, LOCATED IN SECTOR DE CONDADO DEL REY, ANCON, DISTRICT AND PROVINCE OF PANAMA, THE ZONING IS MIXED COMMERCIAL / URBAN HIGH INTENSITY (MCU3). ESTIMATED VALUE AND STARTING{/ VALUE 1} OF BIDS B/.8, 739,208.14. "
Although it can now be bought for half of its value, there is no interest in acquiring the Atlapa convention center.
Three months ago the third attempt to auction the Atlapa convention center was held and although the law states that after three attempts to auction the property it can be sold for half its value, no person or company has expressed interest in acquiring it.
The Empresa de Transmisión Eléctrica de Panamá is to auction fifteen properties located in the provinces of Chirigui, Cocle, Herrera, De Los Santos and Veraguas.
Within the properties to be auctioned are:
RANCH: 17971 , PROPERTY OF EMPRESA DE TRANSMISIÓN ELÉCTRICA, S.A. WITH A Total Area (M ²) OF 21 HAS. 4,497. LOCATED IN THE PROVINCE OF CHIRIQUI, Los Planes, Hornitos, Gualaca. $3,052,270 . -
It has now been announced that ATLAPA will be sold directly in early 2014 for $62 million, equivalent to 50% of its total value, which is estimated at $124.5 million.
As established by the Public Procurement Act, after three failed attempts the 55,000 m² site of the convention center will be sold directly for half of its value.
Solomon Shamah, administrator of the Panama Tourism Authority (ATP) said that by the beginning of next year it may be up for sale.
With a base price of $82 million, on November 12 there will be another attempt to sell the 55,000 m² convention center.
The Ministry of Economy had set the value of the property at $124 million, however, the Public Procurement Act provides that after two failed attempts it may make a third call, but the reference price will correspond to two thirds of the original reference price, ie $82 million.