FOR SALE - €100,000 - REF. NO. L108414
Two-bedroom apartment in a quiet area of the community of Tala in Paphos District. The property is located about 700 meters west of the intersection of Eleftherias Avenue and about 950 meters southwest of the community center.
It enjoys excellent access to the center of the community, where all the necessary amenities and services are available. In addition, the beautiful beaches of the Kissonerga area are within walking distance.
The apartment has door number A101 (No. 7) and is located on the 1st floor of the development called "TALA PANORAMA Block A," which was built in 2006. It consists of a living room/kitchen as an open space, a bathroom with a toilet, two bedrooms, and a covered veranda.
It has an area of 73 sq.m. of enclosed space and 14 sq.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.
