The State Property Management Office plans to advertise a tender for the sale or lease of state-owned flats in October, after it estimates the value of the property and defines the criteria its the sale or lease, the Office has announced on its website.
At the first stage, between 200 and 300 vacant flats, in good condition, with no need for renovation and with proper paperwork, will be the subject-matter of the tender.
The government has 4,773 flats at its disposal, of which 598 are vacant while 4,175 are occupied. It fully owns 4,130 flats and co-owns 640.
The Office said that the statistics were regularly updated. It also said that about 800 state-owned flats are occupied unlawfully and a number of them are in need of refurbishment.
