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Two-bedroom flat in the community of Emba in the Paphos district. It is located approximately 600 meters southwest of the 4th High School of Agios Charalambos and approximately 1.1 km northeast of the community center.
The flat was built around 2008 and is part of a residential complex, in Block A. It is located on the second floor of the complex and consists of an open-plan kitchen/living/dining area, a guest toilet, two bedrooms, a bathroom with a toilet, and a covered/uncovered veranda.
The internal area is approximately 89 sq. m., the covered veranda is approximately 6 sq. m., and the uncovered veranda is approximately 7 sq. m.
The flat is vacant, and it is considered 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.
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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