The property for sale consists of 12 incomplete apartments in a particularly attractive location in the Municipality of Pegeia, in the District of Paphos. It is located approximately 700 meters west of Michalakis Kyprianou Avenue and approximately 1.7 kilometers northeast of Agios Georgios Avenue.

The property is ideally located close to a wide range of services and amenities, such as schools, banks, supermarkets, shops, etc. The apartments are part of the "Paschalli Hills" complex, which was built around 2008. The development has a total of 65 units.

The properties consist of 6 studio apartments (approx. 31 m²), 2 one-bedroom apartments (approx. 51 m²) and 4 two-bedroom apartments (approx. 65 m²).

The fact that it is available as a single property is a significant advantage and makes it an ideal investment choice.

It should be noted that the apartments are vacant.

The properties are being sold together. We do not accept offers for each unit separately.

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, a written confirmation letter is available that all payments towards the seller and/or registered owner of the property pursuant to the original contract of sales have been settled.

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

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The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.

The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. 

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Real Estate is not bound to accept the highest or any other offer submitted. 

The above price may be modified without any prior notice.

All information received from Altamira Real Estate (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

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District: Paphos

Municipality: Pegeia