Apartment in Peyia - Paphos

One-bedroom apartment in Pegeia Municipality, Paphos District. The property is situated at a distance of 800 meters east of the centre of the municipality and at a distance of 1.1 km northeast of Pegeia Municipal Stadium.

The property is  situated close to all necessary amenities and services such as supermarkets, cafes, bakeries, schools etc. In addition, it enjoys good access to the town center and the “Coral Bay” tourist area.

The apartment consists of an open plan living room/kitchen,one bedroom, a bathroom with WC and a covered veranda.

The apartment has an internal area of 45 sq.m. and 15sq.m. of covered veranda.

The flat is vacant, and it is suitable for private use or for rental use with a good return.

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.