How can I participate in an auction?

The Interested Buyer may submit a Participation Request or an Direct Purchase Request and must accept the Special Conditions. The Direct Purchase application must be submitted up to 2 weeks before the auction starts. The Application for either Purchase or Participation, in any case, will be accompanied by the Documents referred to in clause 3.2.. If the Application is accepted by the company, with a relevant e-mail notification of the interested party within a week, the interested party will be requested to pay a Participation Guarantee and will be included in the Bidder List.

A prerequisite for accepting the Application for Participation and inclusion in the Bidder List, or Direct Purchase of the Property is that the interested buyers meet the terms and criteria described below in term 3 of these General Terms.

The Participation Guarantee is provided via cash deposit to the Kourtidis Auctions Platform account. This Participation Guarantee will be returned to the bidders after the Highest Bidder has been selected. The Participation Guarantee is returned to the Highest Bidder upon signing the Purchase Agreement.