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Two-storey villa with swimming pool in Sotira Municipality, at a distance of 500 meters (approx.) north of Sotira Municipality and 450 meters (approx.) northeast of the Municipality center.
The property enjoys excellent access to the neighboring municipalities. In addition, it is ideally situated close to a plethora of amenities and services such as supermarkets, shops, bats, cafes, shops etc.
The villa was constructed around 2011 and it is part of a housing complex. It consists of an open plan kitchen and living/dining room, guest WC and verandas on the ground floor. The 1st floor consists of three bedrooms (the main en-suite) and a main bathroom. Furthermore, it has a yard and swimming pool.
According the horizontal division, the area of the internal spaces is 122 sqm (approx.), the covered verandas 11 sqm (approx.), the uncovered verandas 8 sqm (approx.) and the yard is 42 sqm.
The property is vacant and is suitable for private use or for rental with a good return.
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 the event that the subject property will be purchased through financing, as properties without a separate title deed and/or in these circumstances, 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 contract of sales and/or the developer’s obligations to erect the property based on the approved drawings and/or permits which is a prerequisite for the issuance of a separate Title Deed. The seller does not guarantee that a title deed will and/or may be issued in relation to the subject property. The seller does not guarantee on any additional amounts that may be owed towards any person pursuant to the contract of sales and/or otherwise.
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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