TENDER SUBMISSION DEADLINE:
TUESDAY 4 NOVEMBER, 10:00 a.m.

One bedroom apartment in Pegeia Municipality,  in Paphos District at a distance of 450 meters (approx.) northeast of Pegeia Town Hall and 1.2 km north of Pegeia Municipal Stadium.

The property is situated close to all necessary amenities and services such as supermarkets, cafes, bakeries, schools etc. In addition, it enjoys excellent access to the town center and the popular beach of “Coral Bay”.

The apartment with door No. E3 (No. 22) was constructed in 2007, and it is part of the complex 'PASCHALIS SUNSET APARTMENTS 2' (Block E). The apartment consists of a kitchen/living room/dining room as an open space, one bedroom, common bathroom with WC, covered and uncovered veranda.

The area of the internal spaces is 52 sqm, the covered verandas 10 sqm and the uncovered verandas 25 sqm.

The property has exclusive use of parking space with No. 27 on the ground floor.

It is suitable for private use or for 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 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.

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