Advert No. 13. Site at Triq il-Kamumilla, ZejtunSite at Triq il-Kamumilla, Zejtun
Grant on a perpetual revisable emphyteusis of a Site tale quale to be used solely for gardening purposes at Triq il-Kamumilla Zejtun as shown edged in red and marked Letter “B” on the plan P.D. 2011_959_A_2. This site is subject to existing servitudes in favour of the adjacent property. This property shall be used solely for the purposes of extending the front garden and creating a side curtilage. In the eventuality that the site is planned for development of residential and/or commercial units, the emphyteuta shall be obliged to pay for the enhancement value of the site.
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 €5,010 as stipulated in the tender conditions.
Offers below the amount of one thousand and six hundred and seventy Euros (€1,670) 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 document.