Apartment Ref. C13115
Two-bedroom flat in an attractive and popular location, in Chryseleousa Quarter in Strovolos Municipality, in Nicosia District. It is located 80 meters (approx.) north of Perikleous Avenue, 70 meters (approx.) east of Strovolou Avenue and 200 meters (approx.) northeast of the Town Hall Strovolos. .
The property is ideally situated close to an abundance of amenities and services such as supermarkets, schools, cafes, shops etc. In addition, it has excellent access to the city center and the motorway.
The flat with door number B503 (No. 6) was built around 2008 and is located on the 5th floor of the “Palace Heights” residential complex, in Block B. It consists of an open-plan kitchen/living/dining area, two bedrooms, a bathroom with a toilet, and a covered veranda.
The internal area is approximately 74 sq. m., and the covered veranda is approximately 11 sq. m.
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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