BidX1, the digital property investment platform, has announced details of its upcoming digital sale in Cyprus, which will take place on 18th November 2020 via the firm’s innovative trading platform, offering users transparency, efficiency and accessibility throughout the sale process.
The catalogue, currently available on the BidX1 platform and the BidX1 App, brings over €8m-worth of property to the market, with more than 60 assets to be offered on the day.
Head of Property at BidX1 Cyprus, Kritonas Onisiforou, noted: "The catalogue features a wide selection of investment opportunities across Cyprus, at a range of price points. There are also a number of houses and apartments that would suit owner-occupiers, with 8 apartments and 5 houses included in the latest offering, in locations like Nicosia, Larnaca, Famagusta and Paphos. Reserve prices on these properties start at €30,000.”
BidX1 specialises in online property sales, combining real estate expertise with bespoke technology. The firm’s unique model has proven successful across the full spectrum of asset types, and the latest Cypriot catalogue boasts a selection of agricultural and development land, houses and apartments, as well as commercial investment opportunities.
BidX1’s team in Cyprus has reserved a seafront ground-floor retail unit in Zygi, Larnaca, at €75,000; while a residential plot in the exclusive Aphrodite Hills development in Kouklia, Paphos – with planning permission for a luxury villa – will open for bidding at €360,000.
A first floor two-bedroom apartment in Agios Antonios, one of several apartments in Nicosia being offered on the 18th November, has a reserve price of €105,000; and a three-bedroom house in Ayios Nicolaos, Larnaca, is being offered with a reserve price of €115,000.
To bid on a property at the upcoming sale, interested parties must pre-register on the BidX1 platform or via the BidX1 App. Registration will open on 6th November.
Potential purchasers must provide 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 within 7 working days.
BidX1’s local team of commercial and residential specialists are available to arrange viewings, answer any questions about the properties, or to assist with registration.
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