AUCTION BASED ON RECEIVED OFFER EX ART. 107 4th PARAGRAPH BANKRUPTCY LAW

Residential building in Castelfidardo (AN), via dei Castagni 4/C - LOT 1

The buildings are registered at Real Estate Registry of City of Castelfidardo at sheet 26:

Parcel 2316 - Sub 6 - Category C/6 - Consistency 32 sqm - Cadastral Rent € 42.97
Parcel 2316 - Sub 7 - Category A/10 - Consistency 7.5 compartments - Cadastral Rent € 1,452.54
Parcel 2316 - Sub 10 - Category C/6 - Consistency 89 sqm - Cadastral Rent € 119.51

The real estate units are part of a building of greater consistency that rises on two floors above ground and one underground.
The initial project involved the construction of two apartments on each floor and garages in the basement. The two apartments on the ground floor have never been built and a single office space has been created in their place. There are three garages and they occupy half the surface of the basement.

The ground floor office is currently divided into an entrance/waiting room, reception, hallway, four offices and a bathroom. A staircase, located in a central position, connects the office to the larger unit in the basement where a bathroom and a large open-space room have been created.
The ground floor unit used as an office can be transformed into two apartments.
In the basement there is an unauthorized unfinished room that will be demolished.

It is noted that the property is sold including the movable property inside (LOT 1 movable property appraisal)

Please note the presence of remediable cadastral and urban planning inconsistencies.

For further information consult attached appraisal and documention.