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ETCL REAL ESTATE PLC wants to sell a residential apartment located in the Mexico area of Addis Ababa through a sealed-bid public auction (tender)
Ethiopian Herald(Oct 29, 2025)
ከስር የተቀመጠውን እያንዳንዱን መረጃ በጥንቃቄ ያንብቡ። Please read the detailed instructions below.
TENDER FOR APARTMENTS
Tender for Residential Apartment in mexico area It is located in Addis Ababa city, mexico area and the service is for residential apartment. Therefore, the bidders can come and compete by fulfilling the conditions mentioned below.
1. A bidder who wants to participate in the auction must come in person with an original and a copy of the identification document to purchase the auction document. If you want to buy with a power of attorney, you must bring the must bring the power of attorney and the representative’s ID in person
2. Come to Adiss Ababa Piyazza, Country Tower Building, 3rd Floor, Office No. 313, Piazza Eliana Hotel Area, and collect the Bidders Guide and Price Proposal Form, which is non-refundable, and pay only 500 (Five Hundred Birr).
3. Bidders shall purchase the tender document and inspect the fixed assets offered for auction on regular business days during working hours from the date of issue of the notice.
4. For the properties that the bidders will buy/purchase, a bid enforcement guarantee of 100,000.00 (one hundred thousand) Birr in a bank- verified CPO ordered to be paid to ETCL REAL ESTATE PLC must be attached to the bid document and a copy of the identity document, and put it in a sealed envelope and put it in the bid box.
5. The auction box will be closed on NOV 11,2025 at 2:00 p.m after noon,2 weeks from the day it was published in the newspaper.it will be opened and The list of the winners will be posted the next day.
6. Winning bidders will have to pay 50% of the winning amount within ten days and the remaining 50% within the next 12 months. Contract of sale for the properties within 10 days of successful bidders paying the down payment (50% down payment).
7. For more information call +251 11 126 6120.
8. The bidder may accept or reject the bid and may reject the bid in whole or in part. Cancellation is reserved.
ETCL REAL ESTATE PLC