FOR SALE - €130,000 - REF. NO. L108798
A three-bedroom flat in the community of Argaka in the Pafos District. The property is located approximately 450 meters northwest of Argaka Primary School and approximately 850 meters west of the community center.
It is situated in an area with excellent access to amenities and services and is also very close to the beach.
The flat with door number 203 (No. 4) is on the 2nd floor of the development known as ‘Argaka Village 4’ in block 9, which was built around 2010. It consists of an open-plan living/dining/kitchen area, three bedrooms, the master bedroom with an en-suite shower and toilet, a bathtub with toilet, and a verandas.
The property has an internal area of approximately 101 sq. m. and approximately 15 sq. m. of covered verandas.
The property 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.
