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Two-bedroom apartment in Emba community, in Paphos District. It is situated at a distance of 550 meters (approx.) northwest of Lidl supermarket and 1.3km (approx.) northwest of Paphos General Hospital. It is situated close to all necessary amenities and services whereas it enjoys good access to the centre of the community.
The apartment with door no.103 was constructed in 2006 and it is part of the complex " Petridia Apartments ". It is located on the first floor of the building and it comprises of kitchen/living room/dining room as an open space, two bedroom and a bathroom with WC and covered veranda. The area of the internal spaces is 62 sqm (approx.) and the covered verandas is 7 sqm.(approx.) and uncovered veranda of 1 sq.m. (approx.).
The flat is vacant, and it is considering as ideal choice as it is suitable for rental (short term or long term) or for private 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. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED
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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