BidX1 announces 30 July auction

BidX1, the property auction platform, has announced that it will hold a large auction on Wednesday 30 July, offering homebuyers, investors, and developers an exciting opportunity to secure real estate in Cyprus before the summer slow-down.

The new catalogue features a fresh lineup of residential, commercial and land opportunities – from family homes and renovation projects to vacant apartments and development-ready plots.

Andreas Peratikos, Head of Sales, said: “We’re very excited about the July catalogue; this is the last big auction before the summer wind-down and we’ve curated a catalogue full of value-driven opportunities – it has something for every kind of buyer.

“With such attractive starting bids, for example some of the apartments starting at €60k or less, and clear auction terms which ensure an efficient process, we expect strong interest from buyers looking to enter the market or expand their portfolio before the summer ends.”

Mr Peratikos added: “We’ve noticed lots of buyers looking for holiday homes, and there’s no time like the present to snap one up for next summer. And with bidding fully online, buyers can participate from anywhere, making it convenient and accessible for local and international buyers alike.”

Located in Engomi, Nicosia, this contemporary Three-Bedroom Penthouse Apartment will open for bidding at €250.000. The apartment is spacious, extending to almost 160 sq. m of internal area, with modern finishes throughout. Furthermore, it offers a fantastic rooftop terrace with an in-built bar – great for entertaining!

At a very attractive reserve of €60.000, this Two-Bedroom Apartment in Tersefanou Village in Larnaca provides an excellent opportunity for cash buyers. Just 600 m. northwest of Tersefanou Town Hall, the property is part of a residential building situated on Alexandrou Ipsilanti Street, and the apartment itself extends to almost 70 sq. m.

Boasting stunning sea views, this Four Bedroom House in Polis Chrysochous, Paphos consists of an open plan living, dining and kitchen area and a WC on the ground floor, as well as four bedrooms, (one with an ensuite shower room), and a WC with a bathroom on the first floor. It is located 115 metres east of the Charalambos Fournides Avenue which is the main coastal road in the area and approximately 180 metres east of the coast itself.

There is also a well-located Two-Bedroom House situated in the Pissouri Villas Development in Limassol. The property is in close proximity to the beach and benefits from a parking space, communal swimming pool, yard and vacant possession.

To take part in the 30 July Auction, interested parties must pre-register on the BidX1 platform, providing proof of identification and proof of address, as well as a deposit that will be retained only if the bidder is the successful purchaser on the day of sale. Unsuccessful bidders will receive a full refund.

Registration will open on 23 July. In the meantime, BidX1’s team of commercial and residential specialists are available to arrange viewings, answer any questions about the properties, or to assist with registration.

To get in touch with the BidX1 Cyprus team, please call 22 000 380 or email info@cy.bidx1.com.