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Pay in USD and save up to $6,106The property for sale consists of 5 apartments (2 of which are incomplete) in a particularly attractive location in the Municipality of Pegeia, in the District of Paphos. It is located approximately 600 meters southwest of the municipal center and about 150 meters northwest of Akamantos Avenue. The property is ideally situated near a wide range of services and amenities, such as schools, banks, supermarkets, shops, etc. The properties consist of 5 one-bedroom apartments (approximately 52 sq. m. of internal area and approximately 7 sq. m. of covered verandas) . They consist of a living room, kitchen, bathroom, one bedroom, and a veranda. The fact that it is offered as a single property is a significant advantage and makes it an ideal investment option.
Please note that the apartments are vacant.
The properties are being sold together. We do not accept offers for each unit separately.
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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