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Pay in USD and save up to $7,719For sale three bedroom Semidetached house in Peyia Municipality, in Pafos District. The property is located in one of the most desirable residential and holiday destinations in Paphos. It is situated just a short drive from the renown Coral Bay Beach and the Coral Bay strip, which offers a variety of entertainment options and amenities. Close by there are also essential services such as supermarkets, bakeries, shops, cafes, pharmacies, banks etc. Additionally, its excellent location also means that the city of Paphos and the nature reserve of Akamas are only a 15 minute drive away. The house was constructed in 2002, and it is part of the complex which is located on the southern part of the complex. The house is comprises of kitchen/living room/dining room as an open space, three bedrooms, a bathroom with WC, guest W/C, a covered and uncovered veranda.
The internal area of the house is 138 sqm, the covered veranda is 9 sqm and the uncovered veranda is 11 sqm.
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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