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Two studio apartments in Pegeia Municipality, in Paphos District. They are situated at a distance of 700 meters (approx.) west of Michalaki Kyprianou avenue and 1,7 kilometers (approx.) northeast of Ayiou Georgiou avenue. It is situated close to all necessary amenities and services whereas it enjoys good access to the centre of Paphos and to the beach. The two studios with door num. 104 and 105 were constructed in 2008 and are part of the complex "Paschalli Hills''. The apartments are located on the second floor of Block A1 and each one consists of a kitchen and bedroom as an open space, a bathroom and a veranda. The studios on the current stage can be used as a unified apartment, as they are connected by a connecting door.The area of the internal spaces for flat no 104 is 34 sqm and the covered verandas is 16 sqm. The area of the internal spaces for flat no 105 is 34 sqm and the uncovered verandas is 16 sqm.It is vacant and it is suitable for private use or for short rental 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 the event that the subject property will be purchased through financing, as properties without a separate title deed and/or in these circumstances, are not generally accepted by the banks as collaterals for the purpose of granting a loan.For the subject property, a written confirmation letter is available that all amounts owed towards the seller and/or registered owner of the property pursuant to the contract of sales have been paid.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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