FOR SALE - €115,000 - REF. NO. L108417
For sale is a semi-detached two-bedroom house in the community of Argaka, in the District of Paphos. It is located approximately 450 meters northwest of the Argaka Municipal Stadium and approximately 1.6 km southeast of the Polis Chrysochous - Agia Marina Chrysochous connecting road.
The house with door number 26 was built in 2010 and is part of the "Akamas Village" complex, located in the northern part of the complex. The house consists of an open-plan kitchen/living room/dining room, guest toilet, two bedrooms with en-suite shower/toilet, and verandas. Externally, there is a yard.
The property has the exclusive right to use a yard (No.55) on the ground floor.
The internal area is 96 sq.m., the covered veranda is 10 sq.m. and the uncovered veranda is 10 sq.m.
The house is vacant.
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.