19861: Capo dei Greci Taormina Coast - Resort Hotel & SPA - COMPANY SALE

SPECIFIC TERMS AND CONDITIONS 

FOR COMPLETE REGULATION, CONSULT SALE NOTICE PRESENT IN 'ATTACHED' SECTION

Auction timing - PHASE 2 SALE NOTICE

Starts : Thu 21/09/2023 at 14:30
Ends : Wed 13/09/2023 at 18:30
 

Viewing conditions:
 
All lots viewings must be booked. Please contact:  info@gorealbid.it – tel +39.0737.782080

Increase methods
 
Static offer: "Static offer" means a bet on the price published online, plus a fixed minimum increase.
The minimum increase suggested by the system can be increased through the appropriate sliders in the offer panel

Deposit

The present auction is subject to a mandatory deposit of EUR 1.250.000,00.

Deposit has to be paid in one of the following ways:
 
1- Via bank transfer to the following account:

MONTE PASCHI DI SIENA SPA
Agenzia di Fabriano
ABI: 01030
CAB: 21100
CIN: K

IBAN: IT 43 K 01030 21100 000000414486  
BIC/SWIFT: PASCITM1K07 
 
assigned to  GOBID INTERNATIONAL AUCTION GROUP S.R.L.


Participation Rules:

For the purposes of participating in the auction, users are required to consult the sale notice published on the auction sheet

Lots Availability
 
Any registration related to preemption rights, registration of foreclosures and seizes, or any other tie falling on the lots on sale will be cancelled complying to art. 108 Bankruptcy Law (Legge Fallimentare) once the sale will be completed and the price will be fully collected. Any formalities for cancellation will be on buyer's expenses.

Particular Conditions

According to the art. 105, second paragraph of the Bankruptcy Law, which refers to art. 2556 Civil Code, the sale will be completed by notarial deed at the buyer's expense.
 
The sale will be subject to the taxes provided for by the relevant law.

Payment deadline
 
Awarded lots have to be paid in full within 120 days from the provisional awarding.

Buyer's premium due has to be paid within 60 days from awarding.

Fees and expenses related to sale on buyer's expense (law fees, notarial fees, fiscal and non fiscal fees) have to be paid in full  within 120 days from the provisional awarding.


Buyer's Premium
 
A percentage % charge + VAT will be added to the price of each awarded lot also in case of offers received related to art. 107 L.F (Bankruptcy Law). 
 
The above mentioned percentage charge will be applied according to the modes shown in the following table:

DECREASING BUYER'S PREMIUM WITH GRADUAL STAGGERS
 
From - to
€ 0,00
€ 15.000.000,00
1.5%
From - to
€ 15.000.001,00
€ 25.000.000,00
1%
Beyond
€ 25.000.000,00
 
0.5%

 
The calculation base of Buyer's Premium is divided into different staggers each one corresponding to a rate decreasing when staggers increase.
 
For each awarding price, the corresponding Buyers' Premium will be given by the sum of the commissions calculated on the referring stagger, according to the modes indicated in the table above. 
 

Lot VAT: 
sale exempt from VAT pursuant to Article 2, paragraph 3, lett. b of Presidential Decree 633/72


In case of insurgency of  any controversy related to the interpretation of the dispositions included in the general and specific terms present in the website  translated in different languages, it will be applied the Italian language version of such texts

The real estate units registered on sheet 8, parcels 440 sub 15, 16 and 20 are not part of the lot, because they belong to third parties; 496 sub 3, 5, 11 and 12; 515 sub 17 and 18; 532 sub 3 and 4.
For a more exact identification and description, please refer to the notary certification and the attached technical reports.
 
The movable property and goodwill better described in the attached appraisal form part of the company offered for sale.
 
The lot does not include the total shareholding in the share capital of the company Magna Grecia Hotel S.r.l., with headquarters in Sant'Alessio Siculo (ME), Via Nazionale, 421, tax code and VAT number 03201980830 – REA ME220320.
 
Debts admitted to bankruptcy liabilities and those that may have accrued during the provisional year are excluded.
 
The resort is open to the public between April and October each year.
 
The company is managed by the Official in bankruptcy in provisional exercise (temporary continuation of the exercise of the company art. 104, paragraph 2 of the Bankruptcy Law).
Only three employment relationships are full-time and permanent. The other relationships, being seasonal in nature, are fixed-term. None of these fixed-term contracts have an expiry after 20 October 2023.
 
The successful tenderer is obliged to exercise the options stipulated by the trustee for the purchase of the units surveyed in sheet 8 part 532 sub 3 and 4, under the conditions indicated in the attached documents.
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