Advert No. 3. Premises at No. 60 Triq il-Parrocca, Luqa
No. 60 Triq il-Parrocca, LuqaDescription
Advert 3.
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.
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