- Country: Ethiopia
- Summary: Public auction to sell mortgaged commercial property located in Adama City
- ETT Ref No: 131247851
- Deadline: 21 Apr 2025
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: ETB 44186002.41
- Notice Type: Tender
- Document Ref. No.:
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- Description:
- The Commercial Bank of Ethiopia is conducting a public auction to sell mortgaged commercial property located in Adama City, Denbela District, specifically a commercial building. The auction starting price is set at 44,186,002.41 Birr. Bidders must deposit 1/4 of the auction starting price with a Certified Payment Order (CPO) to participate. The auction will take place at the bank's new head office on the 42nd (Ground) Floor, Office No. 4203, on April 21, 2018, from 3:00 AM to 4:00 AM. Successful bidders will be responsible for paying 15% VAT on the sale price and all related government fees and taxes. They must also take possession of the property within 15 days of payment.
- Documents:
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CLICK HERE TO LOGINPublic auction to sell mortgaged commercial property located in Adama City - Ethiopia Tender
The COMMERCIAL BANK OF ETHIOPIA, a Government sector organization in Ethiopia, has announced a new tender for Public auction to sell mortgaged commercial property located in Adama City. This tender is published on EthiopiaRFP under ETT Ref No: 131247851 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-12-02.
The estimated tender value is ETB 44186002.41, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
