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Pay in USD and save up to $3,644Available for sale is a ground-floor two-bedroom flat in an attractive location in the community of Mazotos. It is located approximately 750 meters south of the community center and about 1.4 kilometers northwest of the community’s beachfront.The property benefits from its proximity to a variety of amenities and services, such as supermarkets, cafes, and restaurants, offering comfort and convenience to residents.The flat was built around 2012 and is located in the southern part of the development, on the ground floor, and consists of an open-concept living/dining area, a kitchen, two bedrooms, a bathroom with a toilet, and an uncovered veranda.The internal area is approximately 72 sq.m. and the uncovered veranda is approximately 30 sq.m.The development has a communal swimming poolThe flat is vacant and is an ideal choice for investment (rental) but also for personal use.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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