Two-bedroom flat in an attractive location in the Sotiros Quarter of the Municipality of Larnaca. It is located approximately 100 meters east of Alexandrou Panagouli Avenue and approximately 550 meters north of the busy Spyrou Kyprianou Avenue.

The property is located near all necessary services and amenities. It offers excellent access to the highway and the historic center of Larnaca. In addition, Larnaca Airport and the area’s beautiful beaches are also within easy driving distance.

The flat with door number F302 (No. 15) was built around 2008 and is part of the “Raphael Luxury Apartments” development, in block B3. It is located on the third floor of the building and consists of an open-plan living/dining/kitchen area, a bath with toilet, two bedrooms, and a covered verandas.

The flat has an internal area of approximately 70 sq. m., and the covered veranda is approximately 10 sq. m.

The flat is vacant and is suitable for owner-occupancy or for rental 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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