The Chisinau City Hall puts up for sale a number of lots of land in the built-up area of the municipality. The land auction involving 16 lots intended for various purposes is to take place on March 29, IPN reports.

The lots selected for auction are between 0.0379 ha and 1.6521 ha in area and their initial price varies from 500,000 lei to 50,000,000 lei.

The auction is open to individuals and legal entities of the Republic of Moldova and also to foreign investors. The interested persons shall submit the necessary documents no later than 24 hours before the auction to the organizer – Agency “Capitalimobil” SRL, 43 Armeneasca St.

The land auction will be held in the meeting hall of the building of the Center district’s head located at 43 Bulgara St, starting at 10:00 a.m.