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Pay in USD and save up to $5,249Two-bedroom flat in the community of Tala, in the Paphos District. It is located approximately 300 meters northwest of Miltiadis Stylianou Avenue and approximately 650 meters east of the community football field.
The flat with door number 203 was built in 2006 and is part of the “Tala Panorma” building complex.
The flat is located on the second floor of the building and consists of an open-plan kitchen/living/dining area, two bedrooms, a bathroom, and a covered veranda.
The internal area is approximately 75 sq. m., and the covered veranda is approximately 3 sq. m.The flat is vacant, and it is considered as ideal choice for rental (short term or long term) or for private use.
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.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED
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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