19 hours Ago
BidX1, the property auction specialist, has announced details of a dedicated land auction which will bring more than 60 assets across Cyprus to the market – with bidding starting from as low as €100 across the entire catalogue. The online auction, which is being held in association with Altia, will take place on Wednesday, May 14, 2025. The new catalogue is now available to browse on the BidX1 platform.
Hundreds of bidders are expected to take part, attracted by the range of land on offer and the low opening bids set by BidX1.The catalogue features residential, agricultural and livestock fields, the majority of which have relatively large footprints; most of the assets extend to more than 3,000 sq. m, with some as large at 18,000 sq.
m.Andreas Peratikos, Head of Sales, hailed the collaboration with Altia. “We’re very excited to be partnering with Altia to host a land-focused auction next month,” he said.
“With bidding starting from as low as €100, this is a once-in-a-lifetime opportunity to acquire a land investment at a hugely attractive price, and giving the seller a two-day window after the auction to consider all of the offers received,” he continued. “It’s a very transparent and convenient method of sale, with benefits for all parties. If you’re looking for land, this is a chance not to be missed.
”The opportunities include a Residential Field in Farmakas, Nicosia, extending to approx. 1,673 sq. m, located just 250m from the local community centre and approx.
200m from the E920 motorway that connects the communities of Farmakas and Kampi. The surrounding area consists of houses and other residential land.There is also a well-located Agricultural Field in Vouni Village, Limassol extending to approx.
2,509 sq. m, with frontage of approx. 51 m to a registered dirt-road along its southern boundary.
Meanwhile, located in Mitsero Village in Nicosia is an irregular shaped Livestock Field extending to approx. 5,352 sq. m, which is accessible via a registered pathway and is approx.
460 m northwest of the Agrokipia-Mitsero (E905) main road.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. Unsuccessful bidders will receive a full refund.
Registration will open on May 5, 2025. 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 the registration process.To get in touch with the BidX1 Cyprus team, please call 22 000 380 or email info@cy.
bidx1.com. About BidX1 BidX1 is an award-winning online marketplace for real estate, allowing buyers and sellers from around the world to trade property assets in an efficient and transparent way.
BidX1 combines industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics, and global reach, challenging the traditional process of marketing and transacting real estate. Since its first digital sale in 2015 in Ireland, BidX1 has developed and expanded in other markets, opening sales up to a global audience. BidX1’s local office in Cyprus is located in Nicosia and offers services countrywide.
For more information: www.bidx1.com.
The BidX1 digital property marketplace The BidX1 model offers transparency, efficiency and accessibility. All property documentation is available on the website for inspection by potential purchasers prior to bidding. The digital platform is accessible online on any device – mobile, PC or tablet – from any location around the world, offering the opportunity to register and bid wherever the buyer is.
Bidding on every property starts at the opening bid and this is listed publicly on the website before the sale. Every bid placed on a property is logged and displayed in real-time and can be viewed publicly on the website, while bidders are identified only by a number and so remain anonymous. Successful buyers will generally need to complete their purchase (transfer the full amount to the vendor) within six-seven weeks.
The exact closing date for each property will be stated in the Reservation Agreement, which is available in the legal documents for each property..
