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Two-bedroom apartment in Kiti Community in Larnaca District, at a distance of 885 meters (approx.) north of the community center and 585 meters (approx.) northwest of Kiti Gymnasium.The property is situated close to a plethora of amenities and services such as supermarkets, cafes, bakeries, schools etc. In addition, it enjoys excellent access to the airport, the motorway and the town of Larnaca. Furthermore, the Pervolia tourist area is also a short drive away.The apartment was constructed in 2013 and it is part of a complex. The apartment is located on the 1st floor and it comprises of kitchen/dining room/living room as an open space, two bedrooms, bathroom with WC and a covered veranda.
The area of the internal spaces is 78 sqm and the covered verandas 13 sqm.The apartment is vacant and it is suitable for private use or for rental with a good return.Way of Transfer: Assignment of contractThe 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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