Mark your calendar: BidX1’s final Residential & Commercial auction of the year takes place on 27th November
Mark your calendar: BidX1’s final Residential & Commercial auction of the year takes place on 27th November
13/11/2024 19:22

BidX1 are concluding a strong year of property sales with an auction on 27th November, providing a last-chance opportunity to buy before year-end. Over 50 properties are available, totalling just over €6m.

The new catalogue features a wide selection of properties across a range of price points.

Yiannis Karagiorgis, BidX1 Cyprus, said: “The 50+ properties, located across the main centres and suburbs of Paphos, Nicosia, Larnaca and Limsassol, includes apartments and villas, commercial premises and a selection of residential and commercial land, with reserve prices starting at €45.000. 

“Whether you're a seasoned investor or stepping into the market for the first time, it’s certainly worth browsing the new catalogue – and signing up to our property alerts so that you’re notified about future auctions.”

The residential opportunities include a spacious two-bedroom apartment in Aglantzia, Nicosia, extending to approx. 89 sq. m of internal area and 12 sq. m of covered verandas, benefiting from both a parking space and a storage room. This bright and spacious property carries a reserve price of €115.000, which is where the bidding will start on auction day.

A two-bedroom house in Secret Valley, Kouklia, with a reserve price of €190.000, is expected to attract both local and international buyers; an ideal holiday home with its own swimming pool, the property is in close proximity to two golf courses and Paphos International Airport. Another two-bedroom house, this time in the village of Koilani, Limassol, extends to approx. 110 sq. m and is being offered with a very attractive reserve price of €50.000. 

There is also a range of apartments on offer, including a two-bedroom apartment near Kapparis Beach in Paralimni, reserved at €75.000.

A wide range of land opportunities – residential plots, touristic and agricultural fields – are included in the November catalogue.

Mr Karagiorgis noted that BidX1 is also planning a dedicated land auction next month, featuring more than 50 properties offering large discounts from previous listed prices.

“Anyone seeking a land investment – whether for residential development, commercial use, or touristic purposes – should be aware that we have scheduled a dedicated land auction for Wednesday 4th December, with all of the land being offered at a significant discount to the initial asking price. Signing up to our database will ensure that you receive an alert when this new catalogue goes live.”

Meanwhile, the full November catalogue is now available on the BidX1 platform: www.bidx1.com/en/cyprus

To take part in the upcoming 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 18th November. 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 [email protected].   

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