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Pay in USD and save up to $4,976A ground floor two-bedroom flat in the Municipality of Paralimni, Famagusta District. It is located approximately 500 meters north of Protaras Avenue and approximately 650 meters west of Kapparis Avenue.
The property is ideally situated close to an abundance of amenities and services such as supermarkets, schools, cafes, shops etc. In addition, it enjoys good access to the beautiful beaches of the area and the tourist area of “Protaras”.
The flat with door number 37 (No. 10) is located on the ground floor and is part of a residential complex known as "Varvara Gardens," which was built around 2009. It consists of an open-plan living/dining/kitchen area, two bedrooms, a bath with toilet, and a covered veranda.
The property has an internal area of 77 sq.m. and 14 sq.m. of a covered veranda.
The property is vacant and is suitable for private use or for rental.
Way of Transfer: Assignment of contract
The property is being sold through an assignment of a contract of sale, pursuant to which all legal rights of the seller shall be transferred to the new buyer. You are informed that there is no title deed for the subject property, and the seller cannot guarantee that a title deed will be issued in relation to the subject property. You are advised to seek independent advice in advance in the event that the subject property will be purchased through financing, as such assets are not generally accepted by the banks as collaterals for the purpose of granting a loan.
For the subject property, no information is available regarding any accruing payments relating to the original contract of sales and/or the developer’s obligations to erect the building based on the approved drawings and/or permits which is a prerequisite for the issuance of a separate Title Deed. The seller cannot guarantee that a title deed will and/or may be issued in relation to the subject property. The seller cannot guarantee on any additional amounts that may be owed towards the seller of the subject property pursuant to the original contract of sales.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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