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[BUSINESS] · Poland · 2 sources

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Katowice garage sells for 160,000 PLN at tax auction

A 15-square-meter garage located at Osiedle Tysiąclecia in Katowice was sold for 160,000 PLN during an online auction organized by the National Revenue Administration (KAS). The final sale price was nearly 100,000 PLN higher than the initial starting price of 60,750 PLN.

The auction, which took place via the eLicytacje portal, saw significant interest with 28 participants paying the required deposit. While the property was valued at 81,000 PLN according to an appraisal, intense bidding in the final minutes drove the price upward. The auction utilized an automatic extension mechanism, where bids placed within five minutes of the deadline extended the sale time, eventually resulting in the final 160,000 PLN figure.

This event highlights the rising demand and scarcity of parking spaces in Katowice, with prices for small real estate units reaching levels previously associated with small apartments.

Entities

Katowice · National Revenue Administration · Osiedle Tysiąclecia