Two-bedroom flat in Agios Theodoros Quarter, in Paphos municipality, at a distance of 450 meters (approx.) southwest of Kykkos High School and 150 meters (approx.) northwest of Nicolaou I. Nicolaou Avenue.
The property is situated close to an abundance of amenities and services such as supermarkets, shops, schools etc. In addition, it enjoys excellent access to the Paphos town center and the Kato Paphos tourist area.
It is part of a complex which was constructed in 2007. It consists of a living room/kitchen as an open space, two bedrooms, bathroom with WC and covered veranda.
The internal covered area of the flat is 88 sqm (approx.) and the covered veranda is 9 sqm (approx.).
The flat is vacant and it is suitable for private use or for short/long term rental 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.