Details

Detached two-story house in Chloraka Community, Paphos District.  The property is situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, cafes, etc. It enjoys excellent access to the motorway and the neighboring municipalities and communities. The house is located on the ground floor of a residential complex that was built in the year 2001. The ground floor consists of a living room/kitchen as an open space, a guest toilet, covered and uncovered veranda. The first floor consists of two bedrooms, a bathroom with WC, and verandas. The area of the internal spaces is 110 sqm (approx.), the covered verandas are 14 sqm (approx.), and the uncovered verandas are 10 sqm (approx.). The property is vacant, and it is suitable for private use or for rental use with a good return.

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 if the subject property will be purchased through financing, as such assets are not generally accepted by the banks as collateral 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 any additional amounts that may be owed by the seller of the subject property pursuant to the original contract of sale.