Two Bedroom Apartment in Paralimni Famagusta

The apartment with door number 28 on the 1st floor is part of a residential complex, which was built in the year 2009. It consists of living room/dining room/kitchen as an open space, two bedrooms, a bathroom and a covered veranda.

The property has an internal area of 77 sq.m. and 13sq.m. of a covered veranda.

The property is vacant and is suitable for private use or for 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: Famagusta

Municipality: Paralimni

Unit No: 28