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Forced sales peak in May and June

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The list of properties going on sale in May and June includes several small apartments, plots and fields.

The properties that will be auctioned because of their owners’ debts include a two-storey apartment of 792 sq.m. in the 7-storey Makaria Center building in Larnaca. It will be auctioned by Alpha Bank at a price of €1,067,500. According to continuous advertisements in the press, Bank of Cyprus will auction an apartment of 43 sq.m. in Aglantzia at a price of €46,400. And an apartment on  Kallipoleos Avenue of 38 sq.m. will be sold at a price of €44,000.

In the Psimolofou area, a field of 14.205 sq.m. will be sold for €202,000. Bank of Cyprus will sell plots of land in Lymbia area at €10,000, €26,800 and €34,800. Also a field in Astromeritis village is listed at the price of €13,600 and in Tseri area at €153,200. Land of 3,596 sq.m. in Strovolos in Apostolos Varnavas and Ayios Makarios will be sold for €314,800.

Hellenic Bank will auction a plot of 558 square metres in Archangelos-Anthoupolis area at a price of €122,800. An apartment of 44 sq.m. in Strovolos will be sold at a price of €36,800 and an apartment of 90 sq.m. in Engomi for €104,000. In the province of Limassol, in Pachna area, a two-storey house of 146 sq.m. goes for € 55,600 and a plot of land of ​​2,676 sq.m for €56,000.

A plot of 586 sq.m in the Municipality of Kato Polemidia will be auctioned for €123,200. Six shops in Mesa Gitonia will be sold by Hellenic Bank. Prices vary from €80,800  to €436,000 depending on the floor area. In the same building, five apartments will be auctioned off, with sale prices starting at €251,800 and rising up to €340,000.

A two-storey residence in Akrounta in Limassol will be sold for €530,800. A plot of 507 sq.m. in Apostolos Andreas area, where there is a three-storey mixed-use building, will be sold for €427,200. Hellenic Bank will sell a plot of 7.340 sq.m. in the Municipality of Yeri at the price of € 103,000 and an apartment in Pyla will be sold at €55,600

Altamira will proceed with the sale of a plot of 504 sq.m. in the area of ​​Chryseleousa in Strovolos at the price of €287,375. In the same area, a second plot of 504 sq.m. with a dwelling will be sold at a reserve price of €476,425. Eight apartments located on Stassinou Street in Nicosia go for  €55,100, €65,550 and € 91,675. A plot of 524 sq.m. in the area of ​​Ayios Nikolaos in Lakatamia will be sold for € 96,050. A plot of 413 sq.m. in Strovolos will be auctioned by Altamira at a price of € 309,500. Land plots in the area of ​​Klirou will be sold at € 11,800 and €12,200.

Thirteen apartments located in the area of ​​Ayios Andreas will be sold by the Cyprus Development Bank. Prices start at €19.980 for an apartment of 27 sq.m and reach up to €70.420 for a 119m2 apartment. In Limassol, Mesa Gitonia, a plot of 530 square metres will be sold by Alpha Bank at a price of €86,800. A two-storey apartment in Chlorakas village in the development of Lordos Panthea Cottages will be sold at a price of €73,500.

Read more:

https://in-cyprus.com/real-estate-auctions-to-settle-bad-debts-made-easy/

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