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Pay in USD and save up to $5,445Two-storey two-bedroom house located in Kissonerga community, Paphos District. The property is located at a distance of 650 meters southeast of the community center and at a distance of 450 meters south of Christou Kkeli street. It is in a quiet area, with good access to amenities such as schools, supermarkets and other services. The house is located on the ground floor and is part of a residential complex which was built in the year 2008. On the ground floor it consist of a living room/kitchen as an open space, guest toilet covered and uncovered verandas, while on the first floor it consists of two bedroom, a toilet with a bath and one uncovered veranda. Moreover, the property has a sea view. It has its own uncovered parking space and a yard on the ground floor. The property has an internal covered area of 104 sq.m., 3 sq.m. of covered veranda and 15 sq.m. of uncovered verandas.
The property is vacant and it is suitable for private use or for rental use 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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