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Two-bedroom flat in an attractive location in the Sotiros Quarter of the Municipality of Larnaca. It is located approximately 100 meters east of Alexandrou Panagouli Avenue and approximately 550 meters north of the busy Spyrou Kyprianou Avenue.
The property is located near all necessary services and amenities. It offers excellent access to the highway and the historic center of Larnaca. In addition, Larnaca Airport and the area’s beautiful beaches are also within easy driving distance.
The flat with door number F302 (No. 15) was built around 2008 and is part of the “Raphael Luxury Apartments” development, in block B3. It is located on the third floor of the building and consists of an open-plan living/dining/kitchen area, a bath with toilet, two bedrooms, and a covered veranda.
The flat has an internal area of approximately 70 sq. m., and the covered veranda is approximately 10 sq. m.
The flat is vacant and is suitable for owner-occupancy or for rental with a good return.
The apartment requires RENOVATION.
*** 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.
*** The apartment has a separate title deed with Reg. Number 0/15992, but it is not transferable during the sale. The new buyer will have to apply with AEA (Trapped Buyer Application) to get the title deed in his name.
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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