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Two-bedroom apartment in the Municipality of Pegeia in the District of Paphos. It is located about 400 meters northwest of the center of the Municipality and about 600 meters northwest of the Pegeia Primary School. The development is close to all necessary services and amenities within Pegeia, while it has good access to the center of the Municipality and neighboring communities. The apartment was built around 2009. The apartment is located on level 1 which is in the southern part of the complex. It consists of an open-plan kitchen/living room/dining room, two bedrooms, a bathroom with toilet and uncovered veranda with unobstructed views of the seafront, Pegeia and Coral Bay.
The internal area is approximately 65 sq.m. and the uncovered veranda is approximately 16 sq. m.
The apartment has the right to use the communal swimming pools and other communal facilities.
The flat 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, a written confirmation letter is available that all payments towards the seller and/or registered owner of the property pursuant to the original contract of sales have been settled.
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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