This amount will partially cover the debt of almost EUR5 million to Alpha Bank.
Verdi Park building has 5 levels and 11 apartments, as well as a 500 square meters land.
Verdi Park compound was developed by Meridian Land, owned by businessman Emil Oprea. The company entered insolvency late 2011, its liquidator being Euro Insol.
In 2009, the compound was evaluated at EUR20 million by CBRE realty consultant.
The bulk, or EUR4.96 million of the debt is owed to Alpha Bank, while EUR350,000 to construction company Marcora Constructii.
Alpha Bank has to recover debts from several real estate compounds that enetered insolvency over the last year, such as Asmita Gardens, with EUR70 million debts, Blue Tower, with EUR14 million, and Ibiza Sol, with EUR19 million.