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Available for sale is a three-bedroom, two-story semi-detached house in the community of Xylofagou in the Larnaca district. It is located in a quiet residential area, approximately 400 meters northeast of the Church of Saint Dimitrios and approximately 600 meters southeast of the Makareio Sports Center. Available for sale is a three-bedroom, two-story semi-detached house in the community of Xylofagou in the Larnaca district. It is located in a quiet residential area, approximately 400 meters northeast of the Church of Saint Dimitrios and approximately 600 meters southeast of the Makareio Sports Center. The house with door number 48 (No. 3) is part of the “Snk Flora Complex,” which was built around 2008. The ground floor consists of an open-plan living/dining/kitchen area and a guest toilet. On the first floor, there are three bedrooms, the master bedroom with an en-suite shower/toilet and a bath with a toilet. Externally, the house has covered/uncovered verandas, a parking place and a yard. The internal area is approximately 109 sq. m., the covered verandas are approximately 9 sq. m., the uncovered verandas are approximately 16 sq. m., and the yard is approximately 25 sq. m. The house is vacant and is considered an ideal choice, as it is suitable for rental (short-term or long-term) or 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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