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YEREVAN, FEBRUARY 22, ARMENPRESS. The building of the Ministry of Foreign Affairs of the Republic of Armenia will be put up for auction on March 5. The State Property Management Department informed "Armenpress" that the starting price will be USD 51 270840. If there will be a buyer, who will be willing to pay a higher price, the building will be sold to him. The auction will be held in the classic manner. Both physical and legal entities, as well as communities, which will represent the necessary documents to the auction committee by 17:00, March 4, 2013, to get participant’s certificate, may participate in the auction.
On October 4, 2012, the Government of the Republic of Armenia approved the decision of alienation of the Government building N 2 in Yerevan by direct sale. The building was alienated on behalf of the Tango CJSC (registration location: Zvartnots International Airport), belonging to the Argentinean-Armenian businessman Eduardo Ernekian.