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Failed sale of Kopaonik resort leaves Municipality of Raška empty-handed

Failed sale of Kopaonik resort leaves Municipality of Raška empty-handed

From N1 Serbia · () Serbian

Translated from Serbian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Outcome reported
  • The sale of the "Raška" resort on Kopaonik mountain, along with its land, has failed as no bids were submitted to the Municipality of Raška.
  • The municipality had advertised the sale of the 1,487 square meter property, which includes rooms, a basement, and a restaurant, in mid-May.
  • Opposition critics had opposed the sale, while the municipality president argued the resort was unprofitable and funds would be used for renovations.

An attempt by the Municipality of Raška to sell the "Raška" resort on Kopaonik mountain has failed, with no interested parties submitting bids by the deadline. The municipality had advertised the sale of the property, which spans 1,487 square meters and includes various facilities like rooms, a basement, and a restaurant, in mid-May.

The property also included four plots of land totaling 805 square meters, on which the resort is situated. The initial asking price for these assets was set at just over 2.8 million euros.

The decision by the local government to sell the resort had drawn criticism from opposition parties. However, the President of the Municipality, Darko Milićević, defended the move, stating that the "Raška" resort was unprofitable. He further explained that the proceeds from the sale were intended to fund the reconstruction of the "Raška" villa.

DistantNews Editorial

Originally published by N1 Serbia in Serbian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.