The house was built around the year of 2010 and consists, on the ground floor of a kitchen, dining room, guest toilet and a bedroom with a shower and toilet, the first floor consists of two bedrooms, a bathroom and a storage room.
Outside it has a yard, covered parking, covered/uncovered verandas and a swimming pool.
It is noted that the house is located in a residential complex which is compromising of four houses.
The internal area of the house is 122 sq.m., covered veranda is 14 sq.m. and uncovered veranda is 6 sq.m.
The property is vacant and is suitable for own use or for rent with a satisfactory yield.
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 the event that the subject property will be purchased through financing, as properties without a separate title deed and/or in these circumstances, 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: Famagusta
Municipality: Avgorou
Unit No: 3
Title deed: The property has a black title deed