FOR SALE - €240,000 - REF. NO. L108544
Available for sale is a two-storey, four-bedroom house with a swimming pool in the community of Argaka in the Paphos District. The property is located approximately 650 meters east of the Argaka Elementary School and approximately 2 km southeast of the coastline.
It is situated in an area with excellent access to amenities and services and is also very close to the beach.
Within the property there is a two-storey house with a swimming pool, which was built around 2007. The ground floor consists of a dining room/kitchen/living room as an open-plan, a guest toilet, and verandas. The first floor consists of four bedrooms with en-suite showers or bathtubs/toilets and verandas. The basement consists of storage areas and parking spaces. Externally, the property has a yard/garden and a swimming pool.
The property has an internal area of approximately 170 sq. m., covered verandas of approximately 65 sq. m., uncovered verandas of approximately 7 sq. m., and a basement area of approximately 66 sq.m.
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.
