Apartment Ref. C13259
A three-bedroom flat in the Municipality of Pegeia, Paphos District. The property is located approximately 600 meters northeast of the municipal center and approximately 1.3 km north of the Pegeia Municipal Stadium.
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 flat with door number 204 (No. 4) is located on the 2nd floor of the “Pegeia Rise” development in Block 2, which was built around 2009. It consists of an open plan living room/kitchen/dining area, three bedrooms, a toilet with a bathtub, and covered and uncovered verandas.
The flat has 119 sq. m. of internal area, 10 sq. m. of covered verandas and 22 sq. m. of uncovered verandas
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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