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Available for sale is a spacious two-storey, four-bedroom detached house with a private swimming pool, located in the picturesque community of Argaka, Paphos District. The property enjoys a desirable location with excellent access to a wide range of amenities and services and is situated just a short distance from the beach, making it ideal for both permanent residence and holiday living. Built around 2007, the house comprises a ground floor featuring an open-plan living room, dining area, and kitchen, a guest WC, and covered verandas. The first floor consists of four generously sized bedrooms, each with its own en-suite shower or bathroom with WC, as well as verandas offering pleasant outdoor space. The basement provides approximately 66 sq.m. of storage areas and covered parking spaces. Externally, the property benefits from a landscaped yard and garden, together with a private swimming pool, creating an ideal setting for outdoor living and entertainment. The house offers an internal covered area of approximately 170 sq.m., covered verandas of approximately 65 sq.m., and uncovered verandas of approximately 7 sq.m. The property is vacant and represents an excellent opportunity for private use or as an investment with strong rental income potential.
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.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,UNLESS OTHERWISE SPECIFIED
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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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