Details

The property for sale consists of 12 incomplete apartments in a particularly attractive location in the Municipality of Pegeia, in the District of Paphos. 

The property is ideally located close to a wide range of services and amenities, such as schools, banks, supermarkets, shops, etc. The apartments are part of the “Paschalli Hills” complex, which was built around 2008. The development has a total of 65 units.

The properties consist of 6 studio apartments (approx. 31 m²), 2 one-bedroom apartments (approx. 51 m²) and 4 two-bedroom apartments (approx. 65 m²).

The fact that it is available as a single property is a significant advantage and makes it an ideal investment choice.

It should be noted that the apartments are vacant.

The properties are being sold together. We do not accept offers for each unit separately.

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, a written confirmation letter is available that all payments towards the seller and/or registered owner of the property pursuant to the original contract of sales have been settled.