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Pay in USD and save up to $3,630Two-bedroom flat in an attractive location in the community of Tersefanou in the Larnaca District. It is located approximately 600 meters southeast of the community center and approximately 300 meters southwest of the main road between Tersefanou and Kiti.
The property is located near all necessary services and amenities. It enjoys excellent access to the highway, neighboring communities, and the city of Larnaca. In addition, Larnaca Airport and the area’s beautiful beaches are also within easy reach.
The flat was built around 2009 and is located on the 1st floor of the building. It consists of a living room/dining room/kitchen as an open-plan area, a bathroom with a toilet, two bedrooms (the master bedroom with an en-suite shower/toilet) and a covered veranda.
The flat has an internal area of approximately 73 sq. m., and a covered veranda of approximately 12 sq. m.
The flat is vacant and is suitable for owner-occupancy 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 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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