Advert No. 50. No. 60 Triq il-Parrocca, Luqa

60 Triq il-Parrocca, Luqa, Malta

Description

Advert 50.

Grant on a perpetual revisable emphyteusis of the Premises tale quale at No. 60 Triq il-Parrocca, Luqa, as shown edged in red on the plan P.D.2014_329. This premises is in a dilapidated state and in need of immediate attention.

The winning bidder has the chance to redeem this emphyteusis within the first fifteen (15) years after a revision according to the rate of inflation as explained in detail in the emphyteutical conditions.

Tenders are to be accompanied by a Bid-Bond for an amount of €33,213 as stipulated in the tender conditions.

Offers below the amount of eleven thousand and seventy-one Euros (€11,071)  per annum will not be considered.

This tender may be subject to the right known as the right of first refusal as per article No. 32 of Chapter No. 573 of the Laws of Malta.

A fee of €50 will be charged for the tender documents.

Location

60 Triq il-Parrocca, Luqa, Malta

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Disclaimer

Forms of tenders and any further information regarding the conditions of the contract may only be obtained by clicking on ‘Buy Tender’ on this web page, for the fee of fifty Euros (€50). Sealed tenders in respect of the following advertisements have to be deposited in the Tender Box at the Lands Authority, Auberge de Baviere, Valletta (See Map) by the closing date and time indicated in the details section.

 

Tender Details

  • Status
    Closed
  • Opening Date
    23 August, 2024
  • Closing Date
    12 September, 2024
  • Advert No.
    50
  • Property Drawing
    P.D.2014_329
  • Tender Type
    Perpetual revisable emphyteusis
  • Property Type
    Perpetual Revisable Emphyteusis
  • Classification
  • Fee
    € 50
  • Bid Bond
    € 33,213
  • Minimum Offer
    € 11,071 per annum
  • Premium
    -
  • Furniture & Fittings
    -
  • Good Will
    -
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