Two-bedroom apartment in the community of Deryneia, Famagusta District. The property is located approximately 700 meters southwest of Paralimni High School and approximately 130 meters west of Griva Digeni Avenue.

It is located in an area with very good access to amenities such as schools, supermarkets, and other services.

The apartment has door number 02 (No. 11) and is located on the ground floor of a development called "Lake View - Block C," which was built in 2009.

The property consists of a living room/dining room/kitchen as an open-plan space, two bedrooms, one with an en-suite toilet/shower, a toilet with bathroom, and an uncovered veranda.

The apartment also has a courtyard.

The property has an area of 81 sq.m. of enclosed spaces and 27 sq.m. of uncovered terraces.

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, 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

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