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Croatia's Agrokor launches sale of luxury villa for 7 mln euro

Croatia's Agrokor launches sale of luxury villa for 7 mln euro Agorkor villa

ZAGREB (Croatia), August 21 (SeeNews) - Croatia's ailing concern Agrokor said it has launched a sale procedure for a luxury seaside villa, Villa Castello, at an asking price of 7 million euro ($8.2 million).

Agrokor has owned the property, located in the Lovran municipality, near popular tourist destination Opatija, since 1999, it said in a statement on Friday.

The estate includes two separate seaside buildings on a 10,062 sq m plot of land and is equipped with an improvised helipad.

Agrokor noted that all potential buyers wanting to view the estate will have to sign a standard non-disclosure agreement and will need to pay a viewing fee. The viewings will begin on August 21.

The deadline for submitting expressions of interest is September 21.

Earlier this month, Agrokor said it has received 15 statements expressing interest in the purchase of a yacht and 12 expressions of interest in the purchase of a helicopter, owned by Agrokor holder Ivica Todoric.

The asking price for the yacht was set at 1.4 million euro.

Agrokor earlier identified an initial list of 267 properties, including major development sites, residential, commercial, office and industrial properties, land, and moveable assets, which are not necessary for the concern's business operations.

($=0.850855 euro)

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