In Sochi sold for the debts of an apartment worth one million dollars

© Fotolia / Deyan GeorgievКлюч in the keyhole. Archival photoIn Sochi sold for the debts of an apartment worth one million dollars© Fotolia / Deyan Georgiev

Two-storey apartment with an area of 287 square meters in a luxury building in the centre of Sochi, has sold over a million dollars in debts, reports a press-service of management of Federal bailiff service of Krasnodar Krai.

Apartment in a house on Sea lane, the owner of which was a Turkish firm, was collateral for the loan. However, the leadership of the organization to repay the payments under the contract terms. In the end, the arbitral Tribunal rendered the decision on collection of debt in full, and foreclosure of the mortgaged apartment.

«During carrying out of Executive actions the apartment was put up for public auction, and to date implemented. The total amount raised from the sale of the property, amounted to 57.5 million rubles. These funds have been transferred in favour of the claimant», — stated in the message of Department.

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