Within the property there is a ground floor residence which was built around 2009 and consists of a living/dining room, kitchen, bathroom with toilet and three bedrooms (the main one with separate shower/toilet).
The internal area is approximately 132 sq.m. and the covered veranda is approximately 16 sq.m.
The residence was built on a plot with a total area of approximately 629 sq.m and falls within residential zone H2 with a building density coefficient of 90%.
It is vacant and it is suitable for private use or for short rental.
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.
District: Paphos
Municipality: Polemi
Unit No: 2
Year built: 2008
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