Are there any restrictions on purchasing an asset from the PAK?
Yes, there are some legal restrictions. Details on these restrictions are set out in the Rules of Tender.
How can I learn more about the list of assets offered for sale?
The PAK launches the Asset Sale periodically, for which it publishes announcements on the Agency's official website, national televisions, electronic media, and sends e-mails and SMS notifications to interested parties and all potential investors registered in its database. The list of assets offered for sale is published on the PAK's official website.
How can I submit the bid for an asset offered for sale?
The bidding process is guided by the Rules of Tender and Sales Procedures, which can be found on the PAK website.
What information should I request from the PAK?
You should request the tender dossier for the asset you are interested in bidding for, which will be made available to you after signing the confidentiality agreement. You will receive the Information Memorandum, ownership documents, legal documents and other relevant information.
If I am not inside Kosovo, how can I access the documents for the tendered assets?
To access the tendered asset documents, you can contact the marketing office via email address: marketing@pak-ks.org
How can I know the location of the published asset?
For each published asset, the approximate location is also set via Google Maps, which you can find by accessing the PAK website and clicking on the brief description for the published asset. The locations indicated by the PINs on Google Maps are provided for general orientation and reference purposes only!
Can I make a site visit to see the assets?
Yes, PAK organizes site visits for each tendered asset. To arrange a visit, contact the marketing office via email: marketing@pak-ks.org.
Do I have to pay for the site visit?
No, the visits are organized free of charge by PAK to assist potential buyers.
What happens if I do not fulfill my obligations as the winner of a tender?
If a winning bidder fails to fulfill its obligations under the rules of tender, it may lose the right to complete the purchase and may be penalized under the conditions set forth in the rules of tender.
What does the minimum orientating price mean?
The minimum orientating price is the minimum price estimated by the PAK for the sale of an asset.
When is the orientating price published?
The orientating price is published in the public announcement of the sale, the relevant tender documents and on the PAK website.
How is the orientating price for buildings and land presented?
For buildings, the orientating price is presented in €/m², while for land, the price is presented in €/are.
How is the minimum asset price determined?
The minimum price is determined in two ways:
a) From the value of properties determined by the Ministry of Finance through the Property Tax Department;
b) From the average of PAK sales over the last 3 years.
How is the asset category determined?
The category is determined based on:
• Current use of the property
• Potential use in the future
What are the asset categories?
Assets are divided into:
🏡 Residential
🏢 Commercial
🏭 Industrial
🌾 Agricultural
What does assistance from PAK staff mean??
You can contact the responsible PAK staff for additional information regarding the tendered assets, the bidding process or even assistance on bid preparation.
How should a bid be prepared??
You can be informed about the preparation of the bid by:
• Contacting the PAK marketing office
• Downloading the bidding guideline from the PAK website
• Watching the instructional video published in each asset sale advertisement
Can someone else submit the bid for me?
Yes, your bid can be submitted by a friend or other representative for you. They will receive a receipt for the submission.
How to pay the deposit and bid submission fee?
Payment of the deposit and bid submission fee is made through bank transfer to the relevant PAK bank accounts.
Evidence of these transfers MUST be part of the submitted bid, otherwise your bid will be invalid!
If I am not the winner, within how many days will I receive the bid deposit?
The Agency will make every effort to return your bid deposit within 10 (ten) business days after the end of the bid submission period.
If I am not inside Kosovo, can I make an international transfer to pay the deposit and bid submission fee?
Yes! Instructions for international transfers can be found on the PAK website, in the asset sales announcements, and you can also request them via email marketing@pak-ks.org
Can I submit my bid by mail?
No. You must physically deliver the bid envelopes.
What is the deadline to complete the payment for the purchase of the offered asset?
After approval of the sale price by the Board of Directors, the Agency will invite the highest bidder to make payment according to the following terms:
• For bids up to €499,999, payment must be made within 45 working days from the date of notification.
• For bids of €500,000 to €999,999, payment must be made within 45 working days from the date of notification.
• For bids of €1,000,000 or more, payment must be made within 60 working days from the date of notification.
What is the deadline for signing the sales contract?
The Agency and the provisional winning bidder will make all reasonable efforts to sign the sales contract within 20 business days from the date of full payment of the sales price.